Home

Rulings

Sep 09,2019  

SC larger bench rules in Revenue's favour in a batch of matters, denies Sec. 80HHC benefit to assessee(supporting manufacturers); HC had allowed Sec. 80HHC deduction to assessee-firm in the lead

Sep 16,2019  

Karnataka HC rules in favour of assessee, allows retrospective benefit of second proviso to Sec. 40(a)(ia) inserted vide Finance Act, 2012 [which provides that there shall be no Sec.40(a)(ia) disallowance

Sep 18,2019  

Delhi ITAT [in second round of litigation] rules that Liaison Office ('LO') of Hitachi High Technologies' [assessee-company incorporated in Singapore, engaged in 'trading' operations across ASEAN countries in respect of

View More

Explaining loss set off restriction where companies avail lower rate of tax

Taxation Laws (Amendment) Ordinance provides that for claiming reduced tax rate u/s 115BAA and 115BAB (22% and 15% respectively), income

Sep 20,2019

Key Highlights of Taxation Laws (Amendment) Ordinance to effect sweeping tax reforms

Taxation Laws (Amendment) Ordinance inserts Sec 115BAA and 115BAB to provide for reduced rate of tax of 22% and 15%

Sep 20,2019

Copy of Taxation Laws (Amendment) Ordinance promulgated by President to effect sweeping tax reforms

Copy of ordinance promulgated by President to effect sweeping tax reforms announced by Govt.

Sep 20,2019

View More

Litigation Tracker

Sep 17,2019  

SC admits Revenue's SLP challenging Madras HC-order quashing show cause notice [SCN] issued to Indian co. proposing to treat it

Sep 06,2019  

Delhi HC issues notice to Revenue upon assessee's [a real estate co.] writ challenging applicability of TDS on External Development

Sep 03,2019  

SC issues notice to Revenue pursuant to assessee's SLP challenging Delhi HC order upholding re-assessment initiation (beyond 4 years period)

View More

Tax Thoughts

Top