SUMMARY OF CASE LAW The provision of gratuity is an ascertained liability and the same falls outside scope of the provisions of clause (c) of the Explanation 1 to section 115JB of the Income-tax...
CASE LAW DETAILS Decided by: ITAT, "B-1" BENCH : MUMBAI, In The case of:Neelam Mercantile Pvt. Ltd. v.ITO, AppealNo. ITA No. 194/Mum/2008, Decided on: April 17, 2009 RELEVENT PARAGRAPH 7. The...
SUMMARY OF CASE LAW The grants and payment of royalty claimed under the head "expenses on direct operations/ grants" are not allowable under section 37(1), but they are allowable under section...
SUMMARY OF CASE LAW Provisions of section 194C do not apply to the film financing arrangement of the kind in question. CASE LAW DETAILS Decided by: ITAT, `B' BENCH: MUMABI, In The case of: Muktha...
News Broadcasters Association has demanded exemptions in service tax, fringe benefit tax and hike in government advertisement rates as part of its pre-budget proposals.. The proposals have been...
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