Day: March 2, 2021
Payment to non-resident for consideration for resale/use of computer software through EULAs/distribution agreements not liable to TDS u/s 195 ABCAUS Case Law CitationABCAUS 3464 (2021) (03) SC Important case law relied referred:CIT vs. Samsung Electronics Co. Ltd. (2012) 345 ITR 494Transmission Corpn. of A.P. Ltd. v. CIT …
SEBI Master Circular on Surveillance of Securities Market SECURITES AND EXCHANGE BOARD OF INDIA MASTER CIRCULAR SEBI/HO/ISD/ISD/CIR/P/2021/22 March 01, 2021 To 1. All Recognized Stock Exchanges2. All Depositories3. All Listed Companies4. All Market Intermediaries registered with SEBI under Section 12 of the SEBI Act, 1992 5. Fiduciaries as …
No Penalty u/s 271(1)(c) on filing revised return when no such questionnaire was issued with notice u/s 143(2) ABCAUS Case Law CitationABCAUS 3463 (2021) (03) ITAT Important case law relied referred:CIT vs. SSA’s Emerald MeadowsPr. CIT vs. Sahara India Life Insurance Company Ltd.ITO vs. Sitashri Trading & Finance …
Harish Salve gets relief from ITAT. Funding education of Indian law students abroad allowed as business expenditure u/s 37(1) as goodwill measure ABCAUS Case Law CitationABCAUS 3462 (2021) (03) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming disallowance of …
