Tag: Company

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No Service Tax Payable On Receiving ‘indent Commission’ From Their Overseas Holding Company: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT),  Bangalore Bench has held that no service tax payable on receiving ‘indent commission’ from their...

15% Dividend Distribution Tax Payable By Company Which Declared, Distributed Or Paid Dividend: Delhi High Court

The Delhi High Court ruled that the Dividend Distribution Tax (DDT) is payable by a company which declared, distributed or paid a dividend.The court...

Addition Made Purely On Employees’ Statement Not Sustainable: ITAT Deletes Income Tax Addition Of Rs. 1.68 Crores

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has upheld the deletion of the income tax addition of Rs. 1.68 Crores which was made...

Fundamental Right Of Citizen To Travel Abroad Can’t Be Curtailed On Failure To Pay Bank Loan: Delhi High Court Quashed Look Out Circular

The Delhi High Court has recently quashed the look out circular issued by the bank against the loan defaulter restricting him to travel abroad.The...

Delhi High Court Directs NCLT To Consider Landlord’s Application For Seeking Vacation And Handover Leased Property

The Delhi High Court Directed NCLT to consider the landlord's application for seeking vacation and handover of leased property.The court noted that it has...

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