Newsletter July – 2017
From this month we have commenced categorising updates in newsletter from readers perspective into personal;…
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Blogs
MAT treatment under IND-AS – Is taxing of Capital Adjustment unintended
MAT treatment under IND-AS – Is taxing of Capital Adjustment unintended
Newsletter June – 2017
News around the financial corner of Indian economy are summarized here. It covers important due…
A Place for Remuneration in Charitable Purpose
A Place for Remuneration in Charitable Purpose
Income Computation & Disclosure Standards (ICDS)
Purpose of introducing ICDS is to reconcile difference which will be created between taxpayer practicing…
Significant changes in Income tax returns for AY 2017-18
With introduction of changes in Finance Act 2017, suitable changes in Income tax return were…
Subdued Matters
Foreign company is completely owned by an Indian company ? Permanent Establishment of a foreign…
Documentation Checklist – Inclusive
Place of business Documents of FCO’s place of business Licenses/trademark of business operations of FCO…
Consequences
CONSEQUENCES Filing of FCO’s regular income-tax returns in India. Global incomes will be taxable in India. FCO’s have…
Definition
DEFINITION ‘Active Business outside India’ is defined as: if the passive income is not more…
Indian Rulings on Poem
INDIAN RULINGS ON POEM The Supreme Court in the case of Erin Estate Vs CIT [1958] 34…