Day: January 31, 2016
13 articlesIncome Tax
Income Tax
Denial of exemption U/s. 11 to the total income of a trust, in view of violation of section 13(1)(c) / 13(1)(d), is not legally tenable
Income Tax
Income Tax
Charitable/ Religious Trust: Depreciation allowable as deduction in income computation
Income Tax
Income Tax
AO cannot straight away apply rule 8D, without considering claim of assessee U/s 14A(2)
Income Tax
Income Tax
Education cess is not an allowable deduction U/s. 37(1) of I.T.Act, 1961
Income Tax
Income Tax
India- USA DTAA: Settlement amount against surrender of right to sue, not in nature of future income compensation is not assessable as income: AAR
Income Tax
Income Tax
Being original contract and amendments inextricably linked with business of exploration of minerals, assessable u/s 44BB – AAR
Income Tax
Income Tax
Settlement amount against surrender of right to sue, not chargeable to tax either as capital gain or income from other sources – AAR
Income Tax
Income Tax
Transfer of shares of Indian company to Singapore Company, by a Mauritius company having no PE, not taxable in India- AAR
Income Tax
Income Tax
India- Singapore DTAA – Installation project less than 183 days not constitute PE, income not taxable in India– AAR
Income Tax
Income Tax
India- Ireland DTAA: Transfer of exclusive rights of copyright in computer software, not mandatory to classify receipts as royalty: AAR
Income Tax
Income Tax
Penalty on Indian company as per US Court, not liable to TDS u/s 195 – AAR
Income Tax
Income Tax
India- UK DTAA –Routine managerial services not in nature of technical services, not makes available any technical knowledge having enduring benefits – AAR
Income Tax
Income Tax
