#Section 37
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638 articlesIncome Tax

Income Tax
ITAT allows capitalization of Penal Interest paid to NOIDA authority
Income Tax

Income Tax
Interest on Duty Drawback Refund Not a Penalty
Income Tax

Income Tax
Disallowance towards investment made out of interest free own funds unjustified
Excise Duty

Excise Duty
Branded jewellery are chargeable to excise duty w.e.f. 01.03.2005
Income Tax

Income Tax
Section 43B: Custom duty allowable in the year of payment
Income Tax

Income Tax
Expenditure for acquisition of individual club membership is not allowable
Income Tax

Income Tax
Adjustment towards disallowance in terms of section 36(1)(va) are permissible under scope of section 143(1)
Income Tax

Income Tax
Penalty for late filing of Profession Tax Return is not allowable as business expense
Fema / RBI

Fema / RBI
Regular bail granted as petitioner materially co-operated in the investigation
Income Tax

Income Tax
Transfer pricing adjustment @0.6% as arm’s length rate for corporate guarantee fee directed
Income Tax

Income Tax
Membership fees paid for key person of company is allowable as business expenditure
Fema / RBI

Fema / RBI
Granting bail on medical grounds u/s 45(1) of PMLA is discretionary
Income Tax

Income Tax
On-money income assessable in year in which sale of concerned flat is declared
Income Tax

Income Tax
