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The Income Tax Appellate Tribunal, Ahmedabad bench, has held that the payment by the assessee to a non-resident supplier shall amount to royalty. The bench...
CBDT is an acronym for Central Board of Direct Taxes, a statutory authority responsible for the administration of direct taxes through the income tax depar...
Dividend refers to the return earned by the shareholder for investing in a company by purchasing its shares. It can be a reward, cash, etc., that a company...
The Income Tax Act 1961 comprises provisions and procedures for filing Income Tax appeals before concerned authorities. The taxpayers' dispute cannot go un...
The Income Tax Act 1961 was enforced to regulate the tax laws in India and protect the interests of the country's taxpayers. Every taxpayer is obligated to...
To facilitate the ease of doing business and decriminalise the offences, The Central Board of Direct Taxes has issued revised Guidelines on compounding of...
The Income Tax Appellate Tribunal (ITAT) deals with appeals against the orders passed by the income tax authorities. The idea behind forming an appellate t...
ITAT stands for Income Tax Appellate Tribunal. ITAT is a quasi-judicial body set up in January 1941 established by the Central Government for the speedy di...
A joint venture is a strategic business arrangement in which two or more companies collaborate...
With the rising inflation rates and various other economic factors, wealthy Americans are incre...
Before approaching the new suppliers or any other third parties, you should always go for the v...
With the increasing landscape of Fintech Companies, it is increasingly vital that fintech compl...
This blog gives a detailed description through an audit report for industrial waste by examinin...