Issue Of Draft Order Is Mandatory As Per Sec 144(1) Even If The Order Is Passed Pursuant To The Revisionary Order Passed By The Commissioner.
Management/Processing Fee Linked To ECB Loan Guaranteed By Hermes Deckung Is Not Taxable Under Article 11 Of India-Germany DTAA
Protocol Amending India-Mauritius Tax Treaty Signed To Make It Compliant With BEPS
Reduction In Applicable Tax Rate On Royalties And Fees For Technical Services Under India- Spain DTAA
Provision For Liquidated Damages Is Allowable As A Deduction
Employee Contributions For Provident Fund (PF) & Employee State Insurance (ESI) Deposited Beyond Due Date Is Disallowable Under Section 143(1)
Share Premium Money Is A Capital Receipt; Violation Of Any Provision Of Other Act Would Not Alter The Nature Of Such Receipt
Scope Of Limited Scrutiny: Revenue Cannot Decide The Issues Not Covered Under The Limited Scrutiny Without Obtaining Approval For A Complete Scrutiny
TDS Under Section 194C (TDS On Payments To Contactors) /194-I (TDS On Rent) Is Inapplicable On 'minimum Guarantee Payment' Made To Hotels
Supreme Court Holds That The Discount Given By Telecom Service Provider To Distributors For The Sale Of Pre-paid SIM/Recharge Vouchers Does Not Attract Withholding Tax (TDS) Under Section 194H In The Absence Of Principal–agent Relationship