CA Openings at Kotak
Kotak invited applications for the post of Credit Manager-SALARIED PL AND WORKING CAPITAL-Credit. Qualifications CA Technical underwriting...
![Filing Fee for Increased Share Capital Classified as Revenue Expenditure: ITAT Upholds AOs Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Legal-Professional-charges-incurred-towards-business-to-be-treated-Revenue-Expenditure-ITAT-RAXSCAN.jpg "Filing Fee for Increased Share Capital Classified as Revenue Expenditure: ITAT Upholds AOs Decision [Read Order]")
![Interest Expenditure incurred for Earning Income Chargeable under Income from Business and Profession Eligible for Deduction u/s 36(1)(iii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/TAT-Deduction-Interest-Expenditure-Income-from-Business-Income-from-Other-Sources-Section-361iii-of-the-Income-Tax-ITAT-Raipur-taxscan.webp "Interest Expenditure incurred for Earning Income Chargeable under Income from Business and Profession Eligible for Deduction u/s 36(1)(iii): ITAT [Read Order]")
Entry and Variable Annual Licence Fees Paid to Telecom Department is Capital in Nature, Amortisation Permitted u/s 35ABB of Income Tax Act: Supreme Court [Read Order]
In a significant Supreme Court ruling, the bench of Justice B. V. Nagarathna and Justice Ujjal Bhuyan declared that the entry and variable annual licence fees paid to the Department of Telecom (DoT)...
![Entry and Variable Annual Licence Fees Paid to Telecom Department is Capital in Nature, Amortisation Permitted u/s 35ABB of Income Tax Act: Supreme Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Entry-Variable-Annual-Licence-Fees-Paid-Telecom-Department-Capital-in-Nature-Amortisation-Permitted-Income-Tax-Act-Supreme-Court-TAXSCAN.jpg "Entry and Variable Annual Licence Fees Paid to Telecom Department is Capital in Nature, Amortisation Permitted u/s 35ABB of Income Tax Act: Supreme Court [Read Order]")
India's Exports Shined in FY24 (till July), Especially in Services Sector; says FM Nirmala Sitharaman at World Bank's Development Committee Plenary Meeting
Union Finance Minister, Smt. Nirmala Sitharaman, serving as the World Bank Governor, participated in the 108th Meeting of the Development Committee Plenary in Marrakech, Morocco. The meeting's focus...
Foreign Exchange Fluctuation loss incurred in Business of Healthcare Cannot be allowed as Revenue Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench in an appeal filed before it, held that foreign exchange fluctuation loss incurred in the business health care could not be allowed as...
![Foreign Exchange Fluctuation loss incurred in Business of Healthcare Cannot be allowed as Revenue Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Foreign-Exchange-Fluctuation-loss-Business-of-Healthcare-Revenue-Expenditure-ITAT-TAXSCAN1.jpg "Foreign Exchange Fluctuation loss incurred in Business of Healthcare Cannot be allowed as Revenue Expenditure: ITAT [Read Order]")
Firm Not Taxable for Interest on Borrowed Capital paid to Partners when the same is Already Taxed from Partners u/s 28(v): ITAT [Read Order]
The Bangalore bench of income tax appellate tribunal has recently held that a firm is not taxable for interest on borrowed capital paid to partners when the same is already taxed from partners under...
![Firm Not Taxable for Interest on Borrowed Capital paid to Partners when the same is Already Taxed from Partners u/s 28(v): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Taxable-Interest-Capital-paid-Taxed-ITAT-TAXSCAN.jpg "Firm Not Taxable for Interest on Borrowed Capital paid to Partners when the same is Already Taxed from Partners u/s 28(v): ITAT [Read Order]")