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Latest India Tax News 16 January 2017

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  • Latest India Tax News 16 January 2017

    1.Amount paid towards Technical know-how and Royalty to foreign company are in respect of a benefit which is not only of enduring nature but for the purpose of acquiring of an asset and hence a 'Capital Expenditure - Allahabad High Court [CIT. Ghaziabad Vs. Honda Siel Cars India Ltd.].

    2.SEBI in its Board Meeting held on 14th Jan 2017 has taken important decisions for listed companies.

    3.Ministry of Finance issued a notification dated 12th January, 2017 via notification no. 4/2017 to amend notification no. 26/2012 – ST dated 20.06.2012 so as to rationalize the abatement for tour operator services.

    4.Result of CA Final Examination & CPT is likely to be declared on Tuesday, the 17th January 2017 around 2.00 P.M.
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