posted: "INCOME TAX : Where AO disallowed payment made by assessee towards reimbursement of expenses to its US based subsidiary on ground that said subsidiary had already taken allowance of such expenses incurred by it and CIT (Appeals) also upheld same, however, "
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posted: "INCOME TAX : As per section 245, Assessing Officer may in lieu of payment of refund, set off amount to be refunded or any part of that amount against sum, if any, remaining payable under Act by assessee to whom refund is due only after giving an intimatio"
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posted: "INCOME TAX : Provisions of section 45(5A) which came into force from assessment year 2018-19 cannot be applied to assessment year 2015-16INCOME TAX : Provisions of section 45(5A) which came into force from assessment year 2018-19 cannot be applied to asse"
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posted: "INCOME TAX : SLP dismissed on ground of delay against High Court's ruling that where assessee filed its return declaring loss and claimed refund of entire amount of tax paid at source, merely because in immediately preceding assessment year assessee had d"
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posted: "FEMA, BANKING amp; INSURANCE : Where Committee for Identification of wilful defaulter of Bank declared petitioner-directors of borrower company as wilful defaulters and same was confirmed by Review Committee, since Review Committee had not applied its min"
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posted: "INCOME TAX : Adoption of DCF method for valuation of shares is recognized under section 56(2)(viib) which was introduced by Finance Act, 2012 and, hence, applicable in assessment year 2013-14INCOME TAX : Adoption of DCF method for valuation of shares is r"
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posted: "The Govt. has notified IFSCA (Insurance Intermediary) Regulations, 2021 whereby provisions related to registration of insurance intermediary, consideration of application, requirement of insurance intermediary, operation and management, filing of return, "
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posted: "The Central Government revokes the anti-dumping duty imposed on "Phenol", falling under tariff item 2907 11 10, originating in or exported from the European Union, Singapore and Korea RP and imported into India.The Central Government revokes the anti-dump"
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