Mere payment of remuneration to trustees not attract section 13(1)(d) of Income Tax Act unless it is excessive or unreasonable as compared to services rendered ABCAUS Case Law Citation: ABCAUS 2558 (2018) (10) ITAT Important Case Laws Cited/relied upon by the parties: CIT vs. Kamla Town Trust, 279 …
Cheque dishonour complaint u/s 138 of Negotiable Instruments Act by the power of attorney would be maintainable in law – Supreme Court ABCAUS Case Law Citation: ABCAUS 2557 (2018) (10) SC Important Case Laws Cited/relied upon by the parties: A.C. Narayanan vs. State of Maharashtra and Another 1 …
Exclusion inclusion of comparables to determine Arm’s Length Price (ALP) not necessarily give rise to purely legal or substantial questions of law – High Court ABCAUS Case Law Citation: ABCAUS 2556 (2018) (10) HC Important Case Laws Cited/relied upon by the parties: Principal Commissioner of Income Tax v/s …
MCA notifies 1st October, 2018 as the date of constitution of National Financial Reporting Authority. The following two notifications have been issued in this regard. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 1st October, 2018 S.O. 5099(E).—In exercise of the powers conferred by sub-section (1) of section …
Increase in Dearness Relief to Central Government pensioners / family pensioners from the existing rate of 7% to 9% w.e.f. 01.07.2018 Ministry of Personnel, Public Grievances & Pension, Government of India vide its Office Memorandum dated has informed that the Dearness Relief admissible to Central Government pensioners and …
The Compensation to States Act 2017 Constitution valid, not beyond the legislative competence of Parliament. No offset for Clean Energy Cess -SC ABCAUS Case Law Citation: ABCAUS 2555 (2018) (10) SC Important Case Laws Cited/relied upon by the parties: Hoechst Pharmaceuticals Ltd. & Others Vs. State of Bihar & Others, (1983) 4 SCC 45 M.P.V. Sundararamier & Co. Vs. State of A.P. & Others, AIR 1958 SC Dewan Chand Builders and Contractors Vs. Union of India and …