Month: March 2023
1,252 articlesCustom Duty

Custom Duty
Enhancement of value only on the basis of NIDB data unacceptable
Income Tax

Income Tax
Lower of unabsorbed depreciation and business loss allowed as set off against current book profit
Income Tax

Income Tax
Payment of IUC Charges is not “Fee for Technical Services” or “Royalty”
Income Tax

Income Tax
Arm’s length interest rate computable based on market determined rate applicable to currency in which loan is repayable
Company Law

Company Law
Authorized signatory of cheque, not being drawer, cannot be directed to pay interim compensation
Corporate Law

Corporate Law
Amount duly payable to liquidator as assets proved to be fictitious/ fraudulent
Income Tax

Income Tax
Exercise of revisionary jurisdiction u/s 263 by PCIT for substituting his opinion is untenable
Goods and Services Tax

Goods and Services Tax
Fuel is an integral component of motor vehicle hire services and attracts GST.
Income Tax

Income Tax
Tax Deducted By Employer Can’t Be Recovered From Employee
Goods and Services Tax

Goods and Services Tax
