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Tax Rates specified in DTAA in respect of Dividend must prevail over DDT

Judgement: The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that tax rates specified in the Double Taxation Avoidance Agreement…

Disallowance made by Assessing Officer against Coffeeday deleted by ITAT

Judgement: The Income Tax Appellate Tribunal (ITAT) Bangalore Bench while setting aside the order passed by the Assessing Officer deleted…

ITAT: Rent Accommodation Services were taken on Casual Basis, no TDS will be applicable

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that TDS cannot be deducted on the rent if the accommodation…

ITAT: Tax Rates specified in DTAA in respect of Dividend must prevail over DDT

The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that tax rates specified in the Double Taxation Avoidance Agreement (DTAA)…

Penalty for failure to maintain Transfer Pricing Documents charged: ITAT

Judgement: The Income Tax Appellate Tribunal (ITAT), New Delhi Bench imposed the penalty for failure to maintain Transfer Pricing Documents…

Time Limit for Central Excise, Service Tax, and Customs extended till Dec 31, 2020: CBIC

The Central Board of Indirect Taxes and Customs (CBIC) notified the extension of the time limit for Central Excise, Service…

Special Window to States for meeting the GST Compensation Cess shortfall: FM

1) The Finance Ministry has opened the Special Window to States for meeting the GST Compensation Cess shortfall. Under the…

ITAT: Tax Rates specified in DTAA in respect of Dividend must prevail over DDT

Judgement: The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that tax rates specified in the Double Taxation Avoidance Agreement…

ICAI:  Mentioning Names of Clients / Client Logo on Website amounts to Misconduct

a) The Institute of Chartered Accountants of India ( ICAI ) has said that, Mentioning of Names of Clients /…

New TDS/TCS norms applicable from October 1 onward :CBIC

1) The Central Board of Direct Taxes (CBDT) on September 29 issued a detailed clarification pertaining to the new TDS/TCS…