Tenet Tax Daily September 06 2014
Sum received from letting out an office space with facilities of cafeteria and conference room was business income
Profit from sale of agricultural land can’t be included in book profit for the purpose of MAT
Tenet Tax Daily September 05 2014
Sec. 54F benefit is available on purchase of multiple units if it constitutes one residential house
Tenet Tax Daily September 04 2014
TNMM is most appropriate method for determining ALP of agency and marketing support services rendered to AE
Tenet Tax Daily September 03 2014
Sum received by assessee towards sharing of global telecommunication facility with NR agents wasn’t FTS
Tenet Tax Daily September 02 2014
Salary income declared after search proceedings would be undisclosed even if tax was deducted therefrom
Tenet Tax Daily September 01 2014
Additions on basis of info extracted from loose paper found in search proceedings of third party set aside
Tenet Tax Daily August 30 2014
License fee paid by Hotel for using courtyard of a palace for its business was allowable as revenue expenditure
Tenet Tax Daily August 29 2014
AO couldn’t bypass directions of DRP to tax receipts for services rendered abroad in his own way
Tenet Tax Daily August 28 2014