Category : Income Tax

Income Tax

Taxability of off shore investment through Alternate Investment Fund

Vivek RaM
Alternative Investment Fund: An alternative investment is a financial asset that does not fall into one of the conventional investment categories. Conventional categories include stocks,...
Income Tax Judgements Supreme Court

Supreme Court Stays Imposition of Service Tax on Lawyers

Vivek RaM
Bombay Bar Association Vs UOI (Supreme Court) Court: Supreme Court Coram: Amitava Roy J, Arun Mishra J, Chief Justice Section: Service Tax Act Genre: Domestic...
High Court Income Tax Judgements

Levy of Service Tax on Advocates is Constitutional

Vivek RaM
P.C. Joshi Vs UOI (Bombay High Court) Court: Bombay High Court Coram: A.A.Sayed J, S.C. Dharmadhikari J Section: Service Tax Act Genre: Domestic Tax Catch...
Income Tax Judgements Supreme Court

Section 54G does not require that the Machinery has to be Acquired in the year of Transfer

Vivek RaM
Fibre Boards (P) Ltd Vs CIT (Supreme Court) Court: Supreme Court Coram: A.K. Sikri J., Rohinton Fali Nariman J. Section: Section 54G, Section 24 of...
Income Tax Judgements Tribunal

Tax at source not deductible on Reimbursement of Cost

Vivek RaM
Case Law Citation Lion bridge Technologies Private Limited Vs ITO (International Taxation) (TDS) ITA No.7121/Mum/2012, AY 2007-08, Date of decision – 5th August 2015 Brief...
Income Tax Judgements Latest News

“Merilyn” a Ship that Neither Sinks nor Reaches It’s Shore

Vivek RaM
The author expresses dismay over the fact that though a Special Bench was constituted to resolve an important controversy, the controversy is far from over....