Looking forward withenergetic accounting and Tax professionals, preferably worked in Audit and Tax Firm, candidate who has completed article period is preferred. Prefer qualification CA Inter / ICWA Inter/ B Com with experience in audit firm. 20 Openings
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Government has received a number of representations seeking clarifications on capitalization of costs in cases of Competitive Bid power projects. The clarifications sought were with regard to capitalization of borrowing costs incurred during extended delay in commercial production for reasons beyond the developer’s control, and whether capitalization of power...
Shri A. Younuskunju (ITAT) ITAT observation Even if he has granted the above interest wrongly, that will not entitle the Assessing officer to form a ground and agitate by means of rectification proceedings u/s. 154 of the Act, unless it can be said that there is a blatant and...
Burden of proof – Deduction of tax at source by contractee on basis of job works – Amount purported towards tax was deducted by a deductee which has been found by the Assessing Officer in the assessment proceeding as not payable by the assessee. Once this finding has been...
M/s. ATW Technologies Pvt Limited Bangalore ITAT held, Non compete fees payable to director is capital expenditure not revenue expenditure, not allowable in the hand of the firm/ company. ITAT observation This agreement was executed on 1.4.2001. The company was incorporated on 16.03.2001. He had already undertaken a similar...
Regulation 6 of Notification No. FEMA.3/2000-RB dated May 03, 2000 in terms of which persons resident in India may raise foreign currency loans from non-residents in accordance with the provisions contained in this Notification. Their attention is also invited to paragraph 2(ii)(a) ofAP (DIR Series) Circular No. 27 dated September 23,...