Tenet Tax Daily July 07 2018
No reassessment after 4 years just because deduction u/s 80-IB was wrongly claimed by assessee
ITAT justified rejection of sec. 10(23C) approval as primary object of society was non-educational activity
Tenet Tax Daily July 06 2018
AO couldn’t be said to have exceeded his jurisdiction while taxing excess share premium; HC dismissed SLP
Tenet Tax Daily July 05 2018
No question of law involved if lower authorities held that commission paid to directors wasn’t excessive: HC
Tenet Tax Daily July 04 2018
Sale consideration of copyrighted software couldn’t be taxed as royalty: Mumbai ITAT
Tenet Tax Daily July 03 2018
AO was justified in rejecting DCF method to calculate FMV of shares if no evidence was produced for validity of data
Tenet Tax Daily July 02 2018
No reassessment after 4 years if all material facts were disclosed by assessee during original assessment
Tenet Tax Daily June 30 2018