Developer/ Builder’s Agreement
In the case of DCIT v. G.H.P.Corp. (107TAX133) the assessee engaged the services of a developer for development and construction…
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Today's
Wrong reopening ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Yesterday's In no way the AO has power to question arm’s length pricing in unrelated party transactions ......Read More
Obligations of Surety
In a case before the Allahabad High Court the petitioner, who stood surety to pay income tax, wealth tax and…
......Read MoreService Of Notice- Dept. To Substantiate Evidence
It was a case of a trust that denied its liability in respect of a demand notice issued by the…
......Read MorePenalty U/S 271(1) (c)
The Patna High Court in the case of CIT v. Kailash Crockery House (107TAX386) held that furnishing inaccurate particulars of…
......Read MoreInterest on Amount Refundable on Reassessment
In a set aside case, being relevant to A.Y. 1989-90 or any earlier year, the assessee made a claim for…
......Read MoreExtinguishment of Right
The Bombay High Court in the case of CIT v. Hade Navigation (P.) Ltd. (107TAX372) redefined the law laid down…
......Read MoreBusiness autonomy at crossroads
The frightening headlines At a time when growth is slowing, productivity gains are fading and digital pressures are on the…
......Read MoreDeduction of Tax at Source- CA Certificate – Whether a safeguard against penalty?
Scheme of tax deduction at source on payments to Non-residents Under section 195 of the Income tax Act, 1961 there…
......Read MoreDemonetization, Remonitization, Digitization and Now Cash Curbs
Demonetization has given rise to two common day slogans of ‘Remonitization’ and ‘Digitization’. Remonitization, which is an act of restoring…
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