Article 14 (‘Independent Personal Services’) of the DTAA to prevail over Article 12 (‘Royalties and Fees for Technical Services’).

NAV method to compute Arm’s Length Price for company going into liquidation and not for going concern.

Tax Tribunal upholds vacancy allowance where property could not be let out despite reasonable efforts

Mat Credit allowable on Tax including Surcharge and Cess

Non-compete fee to director, a revenue expenditure and hence an allowable business expense

Interest payment under section 30(4) of MVAT Act is a penalty not compensatory in nature; expense disallowed

Companies (Amendment) Act 2017

Companies (Accounts) Amendment Rules, 2018

Companies (Incorporation) Third Amendment Rules, 2018