Tenet Tax Daily February 02 2016
Exp. incurred by solicitor on medical treatment of his eyes is personal expense; disallowable
Income in Form 26AS doesn’t show that it belongs to assessee if fraudster obtained it in assessee’s name
Tenet Tax Daily September 22 2015
Submission of affidavit of gift received from spouse didn’t explain source of investments found in search
Tenet Tax Daily August 03 2015
Rent receipt from spouse is taxable as income from house property and not as income from other sources
Tenet Tax Daily July 18 2015
Budget 2015 – Gist of main amendments
Budget 2015 – Gist of main amendments
Indian Citizen participating in golf tournament abroad deemed as NR as his stay in India was of less than 182 days
Tenet Tax Daily June 14 2014
Salary earned from employment in US isn’t taxable in India if employee resides in India for less than 60 days
Tenet Tax Daily June 12 2014
Resident assessee can claim losses incurred from house property located abroad in return filed in India
Tenet Tax Daily May 26 2014
ITAT teaches basics to AO: Income earned by ‘RNOR’ from services rendered abroad wasn’t taxable in India
Tenet Tax Daily May 23 2014
Non-resident couldn’t be penalized with sec. 234B interest if its whole income was subjected to withholding tax
Tenet Tax Daily May 06 2014
ESOP exp. is an employee cost; ITAT allows deduction for difference between market price and issued price
Tenet Tax Daily March 07 2014
Gifts from NRI unrelated to assessee and without an occasion held as as unexplained
Tenet Tax Daily February 25 2014
Salary income can’t be deemed to have accrued in India merely if appointment letter has been issued in India
Tenet Tax Daily February 18 2014
Exp. incurred by employer on pick and drop facility of guest wasn’t covered under the ambit of FBT
Tenet Tax Daily December 17 2013
Assessee need not be unemployed when going abroad for a job for determining his residential status
Tenet Tax Daily November 8 2013
Reimbursement to Foreign AE towards seconded employee salary is not FTS
Tenet Tax Daily October 30 2013
AO is supposed to be mentor of assessee
Tenet Tax Daily August 28 2013
ESOP relating only to service rendered in India taxable in India
Tenet Tax Daily August 10, 2013