Home

Rulings

Jan 09,2019

Bangalore ITAT rules on application of Discounted Cash Flow (DCF) method of share valuation for the purpose of Sec 56(2)(viib), holds that the first and foremost critical input for DCF

Jan 09,2019

Delhi HC allows deduction u/s 80IA(2A) to Vodafone Mobile Communications Ltd on income from sharing fibre cables and cell sites for AY 2008-09; Relying on BSNL ruling, holds that scope

Jan 09,2019

Delhi HC confirms ITAT order upholding constitution of fixed place PE as well as dependent agent PE (‘DAPE’) for 24 GE group entities in a batch of appeals taking GE

Jan 09,2019

Bombay HC upholds ITAT order, rules that income arising to assessee-trust from sale of shares during AY 2010-11 upon settlement by settlor shall be assessable as long term capital gains,

Jan 08,2019

Bangalore ITAT rules that the auditor cannot be an accountant for the purposes of Rule 11UA (2) [dealing with share valuation for the purpose of excess share-premium taxability u/s 56(2)(viib)];

Jan 07,2019

Mumbai ITAT allows assessee-firm’s claim of remuneration paid to its partners during AY 2014-15, rejects Revenue’s stand that since the partnership deed did not specify the quantum of remuneration nor

Jan 07,2019

Jaipur ITAT deletes penalty u/s 271C for non-deduction of tax on leave travel payment to employees with respect to foreign leg of travel, accepts assessee’s ‘reasonable cause’ plea u/s 273B;

Jan 04,2019

Bangalore ITAT restores matter on taxability u/s. 56(2)(viib) for excess share premium received by assessee co. upon issue of Compulsory Convertible Preference Shares (CCPS) during AY 2015-16, directs CIT(A), “to

Jan 04,2019

Mumbai ITAT rules that the element of Service Tax and Research & Development Cess which is collected, paid and borne by the service recipient (i.e. Indian entities) cannot be considered

Pages

Top