Editor's Pick
HC: Expansively interprets Sec. 132(1), allows third-party bank a/c attachment; Fumes over false affidavit
Delhi HC upholds IT Department's action u/s 132(1) of the Income Tax Act directing the bank to attach
Tax World reacts to Cabinet approval on signing of MLI
Tax World reacts to Cabinet approval on signing of MLI
HC: Upholds FTC for ‘tax payable’ on Omani dividend, despite exempt in Oman
Delhi HC upholds ITAT order allowing foreign tax credit (‘FTC’) to assessee (a co-operative society registered in
ITAT: Revenue to examine FTC allowability against MAT, cautions on MAT-credit double benefit
Ahmedabad ITAT directs Revenue to consider assessee-company’s foreign tax credit (FTC) claim for AYs 2008-09 and 2009-10 on taxes withholding in
ITAT: Allows deduction from salary income towards notice pay recovered by previous employers
Ahmedabad ITAT allows deduction to assessee-employee with respect to notice pay recovered from his salary by previous employers
CBDT announces 100+ CCIT promotions; Over 150 officers promoted to ACIT
CBDT announces 100+ CCIT
4 Tribunal Members promoted as ITAT Vice-Presidents
Four senior ITAT members promoted as Tribunal Vice-Presidents, given charges of
ITAT: Reebok’s ‘Rights-fee’ payment to ICC granting advertising, marketing rights, not royalty
Delhi ITAT holds that ‘Rights fee’ payment to International Cricket Council (ICC) [a resident of British Virgin Islands]
30+ amendments to Finance Bill, 2017 introduced in the Lok Sabha
Govt. proposes over 30 amendments to Finance Bill, 2017 relating to income