Issues in Corporate Taxation. - jb nagar cpe study circle of wirc of icai

More documents

Recommendations

Info

CIT (Appeal)’s observations and decision • The sum received as loan/advance during the relevant assessment year could only be treated as income by way of “deemed dividend” • The carried forward balance could not be treated as deemed dividend. Tribunal’s observations • The Tribunal deleted the addition on the ground that the granting of loans was a substantial part of the business of AMPL and so the loan could not be treated as ”deemed income” in the hands of the assessee. August, 2011 CA Sanjeev Lalan, Singrodia Goyal & Co. Presentation at JB Nagar CPE Study Circle 10
Timken Co.,In re [2010] 193 Taxman 20 (AAR-New Delhi) August, 2011 CA Sanjeev Lalan, Singrodia Goyal & Co. Presentation at JB Nagar CPE Study Circle 11
Page 1 and 2: Issues in Corporate Taxation. Recen
Page 3 and 4: Piercing the Corporate Veil • One
Page 5 and 6: Contents 1. CIT vs Parle Plastics L
Page 7 and 8: Facts & Background • Assessee was
Page 9: Facts & background in reference to
Page 13 and 14: Arguments Assessee’s arguments Th
Page 15 and 16: AAR ruling (f) (g) As the applicant
Page 17 and 18: Dalal Broacha Stock Broking Private
Page 19 and 20: Arguments Assessee’s arguments De
Page 21 and 22: Tribunal’s observations and decis
Page 23 and 24: JCIT vs. Patni Computer Systems (P)
Page 25 and 26: CIT (Appeal)’s observations and d
Page 27 and 28: Assessee’s arguments • All the
Page 29 and 30: D B Zwirn Mauritius Trading No. 2 L
Page 31 and 32: Issues before the Tribunal • Whet
Page 33 and 34: Contentions of the assessee • The
Page 35 and 36: Questions ?? August, 2011 CA Sanjee

Issues in Corporate Taxation. - jb nagar cpe study circle of wirc of icai

Create successful ePaper yourself

Delete template?

Save as template?