ITAT Mumbai held that consultancy services not of technical nature cannot treated as Fees for Included Services as per sub-clause 4B of Article 12 of DTAA between India –USA and hence addition unsustainable
ITAT Mumbai held that as per the provisions of 56(2)(vii)(b) of the Income Tax Act if the date of agreement fixing the consideration and date of registration are not in same, the stamp duty value may be taken as on the date of agreement fixing the consideration, instead of that on the date of registration.
Discover the essential documents needed for Private Limited Company Registration. Ensure accuracy in PAN, ID proofs, and utility bills. Quick and efficient process with expert guidance.
Navigate TDS on Rentals with clarity on Section 194I, 194IB, and 194IC. Learn about rates, applicability, and differences between sections. Stay compliant and informed in rental transactions.
ITAT held that in no case entire sales amount can be treated as income and only profit embedded should be treated as income for computation of income under Income Tax Act, 1961
Calcutta High Court in the case of Maxxcab Wires & Cables Pvt Ltd & Anr vs State Tax Officer held that the Non-speaking Order under Goods and Services Tax is not valid.
Unveiling the truth behind chit fund companies’ malpractices. Explore the recent swoop on these entities, exposing financial irregularities. Learn about delays in prize money payments, a violation persisting for decades. Stay informed and protect your interests.
Stay informed with the Monthly GST Newsletter for December 2022. Get updates on important clarifications, amendments, and compliance timelines issued by the Government on GST. Stay ahead with the latest in tax regulations.
File Form ITR-A seamlessly for business reorganisation under section 170A. Learn about eligibility, rules, and modifications in the Income Tax Rules, 1962. Stay compliant with the latest regulations.
We would like to draw your attention to an article titled Don’t rely on Insurance Agents or CAs for financial advise published in the ‘Deccan Herald’ dated 05.12.2022. The article written by Ms. Mrin Agarwal, Director, Finsafe India
