Home

Rulings

Jun 10,2017

SC: Dissects JV agreement, upholds technical fees for plant set-up as capital expenditure

SC dismisses assessee’s [Honda Siel Cars India Ltd., formed as a Joint Venture (‘JV’) Company between HMCL, Japan and SEIL Ltd. (an Indian Company)] appeal challenging Allahabad HC order, payment

Jun 26,2017

HC: Upholds settlement applications, taxpayer’s additional disclosure, not ‘substantial’, distinguishes Ajmera Housing ruling

Gujarat HC dismisses Revenue’s writ, upholds Income-tax Settlement Commission’s (‘ITSC’) order accepting assessees’ settlement application u/s 245D for AYs 2010-11 to 2014-15; In the settlement application, taxpayers (belonging to same

Jun 27,2017

ITAT: Applying Rule 8D mandatory despite no expenditure incurred; Statutory presumption supersedes factual evidence

Chennai ITAT upholds Sec. 14A disallowance, rejects assessee-individual’s plea that since no investment yielding exempt income was made during relevant AY 2012-13, invocation of Rule 8D was not warranted as

News
CBDT Corner
Transfers & Postings
International

Key Takeaways from 'Multilateral Convention' webinar by Taxsutra & Dhruva Advisors

In an unprecedented move, 65+ counties across the globe signed the Multilateral Instrument (MLI) on June 7, 2017, which will

Jun 16,2017

Don't read too much into Germany's MLI reservation, says Pr. CCIT Akhilesh Ranjan

Akhilesh Ranjan, (Principal CCIT - International tax & Transfer Pricing ) while speaking at Taxsutra's ALP Summit in Mumbai, terms

Jun 12,2017

CBDT issues clarification post SC verdict, Aadhar mandatory for IT returns post July 1

Post Supreme Court verdict upholding Sec. 139AA constitutionality & granting interim relief, CBDT clarifies that from July 1, 2017, every person

Jun 10,2017

Litigation Tracker

Jun 23,2017

10 key grounds taken by Madras Bar in constitutional challenge to Tribunal Rules, 2017

Jun 18,2017

Madras Bar Association challenges Tribunal Rules, 2017 as violative of basic structure of Constitution

Madras Bar Association files writ petition before Madras HC, challenges Tribunal, Appellate and other Authorities (Qualification, Experience and other conditions

Apr 21,2017

SC to consider AO's power of Sec. 14A disallowance without express recording of dissatisfaction

SC admits assessee’s (an NBFC) SLP against Delhi HC judgment upholding Sec. 14A disallowance computed by AO for AY 2009-10;

Top

Taxsutra TV

jlY1UD2dZeo,oU8GARn3SFo,B82Ch1j9DJg,hFDoVMm6Bao,FML_gTNJfcY,zMvuo7cVX4w,XQvG8t-wi-s,2jtNqFgkN30,Ea602EF40bk,Tku4RiCbk-A ,JRI5g8x52z8,l5uTKGEJauc,7SAwL9O6Pxk,n-qnqnToHVA,jwxIyHU9nvI,YUMbkyU6AXI,5ftpRLd9Wug,9vR_vwYPaBQ,bkteYky0mr0,iRlO0MXPBKk,RszY1W535so,GPthjye6mIQ,uZuPlmwhrFw,zwzOUjVhXPk,cPxeIR2_ZmY,5CqHUoXfwrs,HVhgzvOoiPw,wEHN2JumANw,EpvRXfHJB3c,kgCgTYaEON4,HA1qd5ac9Jo,WUKLSBh-G1M,JM8Q0IYCvNk,97mGTxW_1DU,e5fHnExXw0s,ZanrbmfpA7g,7gAMoRitd8w,tTrMxT2IQzM,RZC7UF339io,9fWEnyD7HdI,LV5XIaWfpjg,xv_IStIE_ts,mBiKgahWgZA,hSTGSiCb6j0,EFW3P235zPQ,esoYM6rj-Ww,tOP15cpTxgA,GVThd50aMC8,S-XeziITm_U,9tNHNSkEjBc,X-IJ5yvulF8,4a4y-TAHggw,TWVguX9oQPo,pa5LUyW0T6E,gbB9z_htV38,bcB9kHV5wwE

Tax in Press

Small businesses grapple with GST compliance
Manufacturing units ready for GST rollout
How GST will alter contours of the automobile industry - for the better
GST shift: Online pharmacies in business as stores run out
Sugar supply runs dry as wholesalers await GST
GST question mark over Rs 9,500-crore fertiliser stock
Which way will property prices swing after GST? Wait nears end
Why your glass of whiskey and everything alcoholic may get costlier
'Prices of essential goods will not rise after GST'
GST: Passenger vehicle makers brace for short-term loss
GST regime: Same tax rate on new, used cars set to hit sales of both
GST on cars: What's getting cheaper and what's not
Eateries to shut early on 30th to avoid midnight tryst with GST
Eateries to shut early on 30th to avoid midnight tryst with GST
GST: 10% duty on imported mobile phones to boost 'Make in India'
GST is a bonanza for corporates, says Kerala Finance Minister Thomas Issac
GST is a simple tax system, says Goa CM Manohar Parrikar
GST: Arun Jaitley urges Jammu and Kashmir to pass new tax regime for July 1 rollout
Donald Trump Praises GST, Tells PM Narendra Modi 'We Are Doing That Also'
Narendra Modi US visit: US business schools can study India’s GST implementation, says PM
FADA seeks rollback of decision to deny input tax credit on all stock
Lawyers are smiling as GST set to fuel litigation wave
GST may double Ola, Uber drivers' lease outgo, business may become unviable
GST rollout: SMEs in a fix as major companies stop accepting products amid uncertainty
92% businesses migrate to GST platform
GST pangs for 3 months only, people will adjust to new way of life soon: Revenue Secretary Hasmukh Adhia
‘With 5 per cent annual growth in taxpayers, GSTN has enough capacity for 3 years’
Centre, states will pay GST Network costs
Govt defers TDS, TCS under GST to ensure smooth rollout
Flipkart, Amazon, other e-retailers worry about returned goods post GST rollout
Companies can avail input tax credit for most business expenses
Telecom companies to absorb GST burden on prepaid users
GST: Relief for Amazon and Flipkart as government defers implementation of a provision
GST rollout: E-retailers get breather from TCS, car renters seek fresh lease of life
GST/Indirect Taxes
Narendra Modi US visit: Google, Apple to Microsoft, US CEOs vow to hike India presence
Cos use bots to nail tax math accurately
I-T Dept slaps Rs 24,500-cr tax notice on PACL
Income Tax/CBDT
Australian banks warn surprise taxes scaring away investors
Financial year likely to be changed from 2018; Budget in November?

Taxsutra Flash

Tax Ring

First on Taxsutra

Experts' Corner

Home

Rulings

Jun 10,2017

SC: Dissects JV agreement, upholds technical fees for plant set-up as capital expenditure

Jun 26,2017

HC: Upholds settlement applications, taxpayer’s additional disclosure, not ‘substantial’, distinguishes Ajmera Housing ruling

Jun 27,2017

ITAT: Applying Rule 8D mandatory despite no expenditure incurred; Statutory presumption supersedes factual evidence

Key Takeaways from 'Multilateral Convention' webinar by Taxsutra & Dhruva Advisors

Don't read too much into Germany's MLI reservation, says Pr. CCIT Akhilesh Ranjan

CBDT issues clarification post SC verdict, Aadhar mandatory for IT returns post July 1

CBDT revises format for Sec 143(2) notices to implement e-assessments

CBDT appoints over 260 Joint CITs on ad-hoc basis

CBDT Task Force to create new ecosystem for scrutiny assessments, taxpayer segmentation

APA Commissioner for Mumbai, 6 new DRP profiles as CBDT diverts CIT(A) posts

2 ITAT members transferred with immediate effect

CBDT announces promotion of 292 officers to Principal CIT

MLI dominates OECD’s recent tax talks; ‘Reservations-matching’ software to be out soon

EU approves Swedish tax breaks on ESOPs to aid start-ups with personnel-recruitment

OECD: Inclusive Framework meeting approves first monitoring report, claims success

Litigation Tracker

Jun 23,2017

10 key grounds taken by Madras Bar in constitutional challenge to Tribunal Rules, 2017

Jun 18,2017

Madras Bar Association challenges Tribunal Rules, 2017 as violative of basic structure of Constitution

Apr 21,2017

SC to consider AO's power of Sec. 14A disallowance without express recording of dissatisfaction

Taxsutra Insights

Dealing with Deals

Taxsutra TV

Tax in Press

Taxsutra’s Daily Digest

Transfer Pricing Updates