Tenet Tax Daily October 01 2018
ITAT confirmed reassessment as assessee didn’t object to jurisdiction of JCIT issuing notice within limitation period
No TCS was required on amount collected by Zila Panchayat for issue of licence to collect ‘Tahbazari’
Tenet Tax Daily September 29 2018
Sec. 40(ba) couldn’t be invoked if payment made by AOP to its members was mere reimbursement of exp.
Tenet Tax Daily September 28 2018
Trademark eligible for dep. if it was used for sales & marketing of product: HC
Tenet Tax Daily September 27 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
ITAT quashed AO’s order as ALP of royalty paid for use of brand couldn’t be determined as NIL
Tenet Tax Daily September 25 2018