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30-10-2009 - Recent updates as on 30-10-2009
Friday, October 30, 2009

Note:

ITAX-81-09 Income arising to foreign company by way of fees for technical services Notified companies - Section 10(6C)

ITAX-80-09 Deductions u/s 80-IA - Profits and gains from industrial undertakings, etc, - Amendment in Notification No. S.O. 3458

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1.     OCL INDIA LTD. (Delhi High Court)

Expenses on guarantee Obligation service by dealer assessee; Expense on Quality of Raw Material; expense for better grinding of cement.

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2.     GURNEET SINGH SIKKA (Delhi High Court)

The Commissioner in his order dated 7.8.2008 has stated that he is not empowered to entertain any request for waiver of interest u/s 234-B and 234C of the Income Tax Act.

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If you have any query please e-mail at voiceofca@gmail.com.

 

"The vision must be followed by the venture.  It is not enough to stare up the steps - we must step up the stairs"

Thanks for your valuable time

"Voice of CA"

CA. Kapil Goel, Moderator-Direct Taxes, Mob:9910272806, cakapilgoel@gmail.com

CA. Sidharth Jain, Co-Moderator, Mob: 9810418700, sidhjasso@yahoo.com

CA. Mukesh K Bansal, Co-Moderator-FEMA, mkak@rediffmail.com

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