Learn how to compute the perquisite value of rent-free accommodation under Section 17 of the Income Tax Act, including recent rule changes and effective dates.
Shri Shyam Industries Private Limited Vs Prosperity Steels Limited (NCLT Kolkata) In the case of Shri Shyam Industries Private Limited –vs.- Propserity Steels Ltd. [CP (IB) No. 998/KB/2018, Kol dated 18-02-2021], the Resolution Applicant sought various reliefs and concessions. In response to the same, NCLT has held as under: – With respect to waiver of […]
Explore how Section 170 of Income Tax Act applies to post-amalgamation assessments, with key judicial decisions and implications for tax authorities and businesses.
Explore the implications of TDS on expense reimbursements post-Section 194R implementation and understand the invoicing criteria.