Tenet Tax Daily January 29 2020
LIBOR to be adopted while computing ALP
Failure to prove sum deposited by assessee in bank was actually his salary withdrawn earlier – Additions justified
Tenet Tax Daily October 28 2019
Person migrating to Foreign Country – 182 days period to be considered for calculating residential status
Tenet Tax Daily July 16 2019
Notice to be issued in name of legal heir in case of reopening of assessment of deceased person: HC
Tenet Tax Daily April 09 2019
Sum received by partner on retirement from firm is exempt from tax: ITAT
Tenet Tax Daily April 05 2019
Period of holding of ESOPs shall be counted from date of grant even assessee didn’t have vesting rights
Tenet Tax Daily March 20 2019
Gain arising on sale of ESOP issued by erstwhile employer not taxable as perquisite: ITAT
Tenet Tax Daily December 31 2018
Non-compete fee paid to directors to restrain them from engaging in same business was allowable deduction
Tenet Tax Daily November 28 2018
PF balance accumulated post-retirement of employee not eligible for tax exemption: ITAT
Tenet Tax Daily November 13 2018
Sec. 89 relief is available in respect of arrears of perquisites: ITAT
Tenet Tax Daily November 01 2018
Property situated in USA occupied by daughter would be treated as deemed let out property & not self-occupied
Tenet Tax Daily September 26 2018
Taxability of ESOP in hands of employee’s arises on date of allotment & not on date of exercise of option
Tenet Tax Daily September 12 2018
Capital gains falling under article 13 of India-Singapore DTAA not taxable though gains wasn’t remitted to Singapore
Tenet Tax Daily August 24 2018
Gift received by individual from his HUF wasn’t exempt; ITAT upheld additions
Tenet Tax Daily May 17 2018
Employee wasn’t liable to interest for advance tax default if employer failed to deduct TDS on salaried income
Tenet Tax Daily May 16 2018
HC condones delay in filing ITR of NRI as there was delay due to severe financial crisis in USA
Tenet Tax Daily May 05 2018
No penalty if wife offered due tax during assessment on sum received being beneficiary of her deceased husband: HC
Tenet Tax Daily November 13 2017