Articles by this Author
Income Tax

Income Tax
Notional Loss on renunciation of rights to subscribe partly convertible debentures based on notional cost not allowed
Income Tax

Income Tax
Revenue must show existence of agreement/ understanding with foreign entity before any TP adjustment for AMP expenditure
Income Tax

Income Tax
Recording of satisfaction u/s 153C is mandatory even if searched person & assessee are under common jurisdiction
Income Tax

Income Tax
If business of comparable company & assessee remains unchanged from last year, the company can’t be held incomparable in current year
Income Tax

Income Tax
eNPS-Online Subscriber Registration and Contribution Facility under NPS developed
Custom Duty

Custom Duty
Rate of exchange of conversion of foreign currency wef 8th January, 2016
Excise Duty

Excise Duty
Transport Ministry can certify excise exemption on goods required for execution of highway projects
Income Tax

Income Tax
Diagnostic Labs to deduct TDS on discount given to hospitals/laboratories U/s. 194H
Income Tax

Income Tax
If absence of exempt income disallowance u/s 14A not warranted
Fema / RBI
Fema / RBI
RBI: Setting up of IFSC Banking Units (IBUs) – Permissible activities
Fema / RBI
Fema / RBI
Conditions for Non-Fund Based Facility to Non-constituent Borrowers of Bank
Fema / RBI
Fema / RBI
Master Circular- Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by FIs- Amendment
Income Tax

Income Tax
Mere reason to believe that income has escaped assessment not sufficient to reopen assessments beyond 4 years
Income Tax

Income Tax
