Articles by this Author
Custom Duty

Custom Duty
Imposition of redemption fine and penalties unwarranted when goods are exported after re-processing
Corporate Law

Corporate Law
Bank has first charge over property above other debts payable to Central or State Government
Service Tax

Service Tax
Service tax not leviable on amount being reimbursed on actual basis
Income Tax

Income Tax
Expense incurred for earning income chargeable under income from other source allowable as deduction u/s 57(iii)
Income Tax

Income Tax
Disallowance restricted to 0.5% of guarantee value in corporate guarantee to AE
Service Tax

Service Tax
Amount of damages received for tolerating breach of contract not leviable to service tax
Income Tax

Income Tax
Compensation for delay in handing over possession of property is allowable as business expense
Income Tax

Income Tax
Indian subsidiary operating in independent manner doesn’t constitute PE
Corporate Law

Corporate Law
Pardon u/s. 306 Cr.P.C. doesn’t result in acquittal of offence under PMLA
Income Tax

Income Tax
Interest on TDS being compensatory in nature is allowable u/s 37(1)
Income Tax

Income Tax
Section 271(1)(c) penalty unjustified without Income Concealment or Inaccurate Particulars
Income Tax

Income Tax
Donations to Specified Institutions for CSR Compliance Qualify for Sec. 80G Deduction
Service Tax

Service Tax
Unsustainable Demand Under Extended Limitation Period Without Tax Evasion Intent
Income Tax

Income Tax
