#Budget
Log in to FollowLatest Budget updates, legal developments, compliance requirements, case laws, notifications and expert analysis for professionals on TaxGuru.

Weighted deduction should be available on expenditure incurred on internally developed intangible assets

Profit linked incentives for specified industries vis-a-vis investment-linked incentives – Section 35AD

Allow weighted deduction U/s. 35(2AB) to IT & ITES sectors: ICAI

Section 35(2AB) Allow weighted deduction in respect of expenditure incurred outside R&D facility: ICAI

Expenditure towards in-house R&D facilities Increase Benefit U/s. 35(1)(iia) to 200%: ICAI

Depreciation in case of slump sale based on proportionate number of days by transferor and transferee company- Clarify legal position- ICAI

Union Budget 2018-19: ASSOCHAM seeks 10% customs duty on pulp imports

Omit Section 28(iiid) as DEPB Scheme no more in existence: ICAI

Omit Section 28(iiia) – Sale of license

Allow Extension of weighted deduction U/s. 35(2AB) for a further period of 10 more years: ICAI

APA rollback rules should be made applicable to similar nature of transactions with different AEs: ICAI

Introduce threshold limit of Rs. 25 crore for SDT documentation requirements: ICAI

Address Concerns in Section 94B Limitation of interest benefit provisions: ICAI

Extend Protection from applicability of GAAR to all transactions upto 31.03.2017: ICAI
Explore the latest Budget updates on TaxGuru, including relevant legal provisions, notifications, circulars, case laws, compliance developments and expert analysis. This page brings together important developments and practical guidance to help taxpayers, businesses and professionals stay informed and understand the regulatory and commercial implications of changes.
