| Tuesday, May 5, 2009 |
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1. DHC dismissing Yum Restaurants Income Tax Appeal : on Issue of Contribution of Advertisement expenses etc to Subsidiary and Crystallization of Expense & DHC on Commission expense; Importance of Written clause in Agreements for TAX BENEFITS. (Click here for Judgment in Yum Restaurants) (Click here for Judgment in K J Business Centre) (Click here for Judgment in PSBL Industrial Finance Ltd.)
2. Latest SC developments on concealment penalty vis a vis debatable claim ; share capital ; revenue’s SLP admitted over Nalini Mahajan / block assessment & subsidy taxation.
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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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