Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
Joint development agreements defer taxable transfer where possession lacks part performance, while completed flats determine consideration and exempti...
Exemption with respect to Services provided by Government or a local authority to a business entity with a turnover up to rupees ten lakh in the preceding financial year is restricted and shall not available in case of renting of immovable property, speed post, express parcel post, life insurance and agency services, transport of goods or passengers and services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport.
Exemption with respect to Services provided by Government or a local authority to a business entity with a turnover up to rupees ten lakh in the preceding financial year is restricted and shall not available in case of renting of immovable property, speed post, express parcel post, life insurance and agency services, transport of goods or passengers and services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport.
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