The only issue in assessee's appeal is against the adjustment of Rs.21,95,034/- made by the Transfer Pricing Officer in respect of transaction with associated enterprises which has been partly confirmed by Ld. CIT(A). The company is engaged in the ma
Recently, the Bombay High Court in the case of various stock broking houses1 held that the depreciation cannot be granted on Bombay Stock Exchange Membership Card (BSE card) acquired on or after 1 April 1998 either by nomination or directly through
Derivatives transactions having underlying asset as shares are covered under section 43(5) prior to the amendment (effective from AY 2006-07) exempting derivatives from the definition of ‘speculative transaction’
Delhi Tribunal reaffirms that the taxpayer can claim the benefits of a double taxation avoidance agreement between India and Mauritius on the basis of a tax residency certificate