Initiatives by Indian Customs for reduction in transaction cost
CBEC in its latest advisory has listed out the followingh initiatives taken for reduction of transaction costs.
Expenses incurred on ESOP are allowable as revenue expenditure u/s 37(1) of Income Tax Act – ITAT Delhi In a…
Compliance history of supplier could not be used to invalidate the genuine business transactions of the buyer especially when the…
Reassessment quashed as AO issued u/s 148 instead of 153C as reopening was based on incriminating material found during search…
Empanelment of Chartered Accountants/Cost Accountant/Legal firm for FEMA & other allied services Engineering Projects (India) Ltd. has invited application for…
Individual contract for booking of persons for participation in an event is not “event management” contracts liable to service tax…
Minor delay should not come in the way of legitimate claim for any deduction if the assessee is otherwise entitled…