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Archive: 21 November 2023

Posts in 21 November 2023

Denial of exemption to Non-Resident for failure to submit Tax Residency Certificate: ITAT Directs Re-Adjudication

November 21, 2023 6636 Views 0 comment Print

Explore the ITAT Hyderabad order in Amol Teradale vs. ITO for AY 2020-21. Key issues include tax residency certificate, DTAA benefits, and jurisdiction challenges.

No Section 194I TDS on rental payments below threshold limit

November 21, 2023 13785 Views 2 comments Print

Explore the ITAT Chennai order in ATC (Assam) Pvt. Ltd. vs. ITO-TDS for AY 2016-17. Key issues include TDS on rental payments, interest imposition, and disallowance u/s 40(a)(ia).

No Section 14A Disallowance without Exempt Income: Delhi HC

November 21, 2023 966 Views 0 comment Print

Delhi High Court ruling in PCIT Vs Techno Trexim (India) Pvt. Ltd. Understand the implications of the judgment on Section 14A disallowance without exempt income.

HC upheld exclusion of comparables due to lack of segmental data

November 21, 2023 699 Views 0 comment Print

Delhi HC ruled on appeal in PCIT vs Global Logic India Ltd, upholding exclusion of comparables due to absence of segmental info & treatment of foreign exchange gain/loss as operating income/operating loss

IFSCA invites comment on Banking Regulations, 2020

November 21, 2023 603 Views 0 comment Print

Participate in shaping the future of banking regulations. IFSCA invites public comments on amendments to its 2020 regulations. Share your views by December 12, 2023

Are Accountant Jobs Under Threat Due to Accounting Automation?

November 21, 2023 3933 Views 2 comments Print

Are Accountant Jobs Being Threatened Due to Accounting Automation? Find Out What Experienced Accountants Have to Say About This Pressing Issue and How It’s Transforming Our Profession.

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