Benjamin Franklin has rightly said – Nothing is certain except death and taxes. While no one can run away from taxes, one can always try to decrease the total tax liability. Depreciation rate allowance is one of the ways to reduce … Read More
Tata Communications Ltd. v. Addl. CIT In the Income Tax Appellate Tribunal at Mumbai I.T.A. 1387/Mum/2008 & 1106/Mum/2008 Before Mr Vijay Pal Rao, Judicial Member and Mr Narendra Kumar Billaiya, Administrative Member Decided on March 7, 2014 Relevancy of the … Read More
IBAHN India Pvt. Ltd. v. CIT In the Income Tax Appellate Tribunal at Mumbai ITA 4932/Mum/2015 Before Mr Joginder Singh, Judicial Member Decided on January 11, 2016 Relevancy of the case: Whether switches and routers fall within the ambit of … Read More