The division bench of Gujarat High Court held that, Survey expenses of a Company is deductible from Income Tax under the provisions of the Income Tax Act. While completing Assessment against the assessee, the Assessing

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the consideration for permitting right to use of brand name or trademark would be treated as Royalty and would be taxable under India

The National Company Law Tribunal (NCLT), Mumbai has ordered to restore the E-way Bill Facility for Taxpayers undergoing Insolvency Proceedings. In the case of Videocon Group vs. Central Goods and Service Department, the Goods and

The Registrar of Trademarks has accepted the ‘wordmark’ registration application, filed by the Institute of Chartered Accountants of India (ICAI) for registering its new logo for the professional fraternity of Chartered Accountants (CAs), bearing the

The Delhi High Court, in a recent ruling has held in favour of the assessees, Daikin Shriram Aircon Pvt Ltd and Daikin Air Conditioning India Pvt Ltd that, the assessee is entitled to claim depreciation

The new Logo/wordmark for Chartered Accountants (CA India) unveiled by the Institute of Chartered Accountants of India (ICAI) is under objection raised by the trademark registry. The new CA Logo was launched by the ICAI

The Cochin bench of the Income Tax Appellate Tribunal (ITAT) has held that assets like brand name, know-how, trademark, etc, can be treated as assets for the purpose of computing the capital gain under the

The Institute of Chartered Accountants of India (ICAI) has issued a legal notice to the proprietor, who allegedly manufactured shoes bearing the “CA” Logo, seeking compensation to the tune of Rupees One Crore and a

In a major relief to Hyatt International Southwest Asia, the Delhi High Court ruled that the use of trademark incidental to advertisement is business income and not Royalty and fees for technical services (FTS). The

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that National Company Law Tribunal ( NCLT ) has jurisdiction to decide trademark related issues under Section 60(5)(c) of the

In a recent decision, the Income Tax Appellate Tribunal ( ITAT ) in Mumbai shed light on the nature of royalty payments concerning the usage of brand names or trade names under a trademark license

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) provided relief to Bajaj Auto by allowing a deduction under Section 80-O of the Income Tax Act, 1961 for the royalty fee received,

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) comprising Ms. Suchitra Kamble, (Judicial Member) and Shri Waseem Ahmed (Accountant Member) has observed that the consideration received for transfer of marketing/distribution rights for veterinary

In a land mark Judgment, Delhi High Court ruled that, an owner who is settled abroad not bound to Income Tax for the Income from transfer of intellectual property rights such as logos, brands, trademarks

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that no service tax is applicable on permanent transfer of Intellectual Property Rights (IPR). The appellants, SKOL Breweries Ltd. are registered under the category of