Day: December 25, 2012
11 articlesIncome Tax
Income Tax
Search Assessment u/s.153C is Void If AO’s Satisfaction Not Recorded
Corporate Law
Corporate Law
Overview of Pharmaceutical Industry with Specific Reference to Laws Of India
Income Tax
Income Tax
Addition u/s. 68 justified if applicants do not respond to summons, despite submission of PAN & bank details
Goods and Services Tax
Goods and Services Tax
Selling of used cars cannot be characterized as ancillary or incidental to pharmaceutical business
Income Tax
Income Tax
Reopening justified if Assessee not disclosed in return of income that it was a search case
Income Tax
Income Tax
Oversight/ workload not reasonable cause to condone delay in appeal filing
Income Tax
Income Tax
Royalties & FTS are liable to tax as per Article 12 of the India-USA treaty only on payment basis
Income Tax
Income Tax
Penalty justified if Assessee manipulates its accounts so as to reduce its profits
Income Tax
Income Tax
Treatment of expense should be based on nature & not on assessee’s statement
Income Tax
Income Tax
