At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In the Bhansali & Co. vs. Assistant Commissioner of Income-tax, it was held that Interest charged as LIBOR plus 200 basis points on f...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In Global Signal Cables (India) (P.) Ltd. Vs. Deputy Commissioner of Income Tax, it was held that after the expiry of 4 years, no reasses...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In the Ana Labs vs. Deputy Commissioner of Income Tax, the High Court of Andhra Pradesh held that where the assessee firm sold its assets...
News & FAQs | By ALOK PATNIA | Last updated on Nov 25, 2015
The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is sought to be levied on the deductor. If...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Recently in Deputy Commissioner of Income Tax vs. Pan India Food Solutions (P) Ltd., it was held that the legal expenses incurred to acqu...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Recently in Deep Kukreti vs. Commissioner of Income-tax, it was held that the appeal shall not be maintainable when the assessment is mad...
News & FAQs | By ALOK PATNIA | Last updated on Oct 1, 2015
Black money, a topic which is always been talked about. This had always been center for discussion in general public, government etc. Ban...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In Lear Automotive India (P.) Ltd. vs. Assistant Commissioner of Income-tax, it was held that a company providing exclusive software rela...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
In Deputy Commissioner of Income-taxvs. Gujarat Narmada Valley Fertilizers Co. Ltd., it was held that the assessee having the interest fr...