2021-TIOL-NEWS-193 Part 2 Dated: Monday, August 16, 2021

2021-TIOL-NEWS-193 Part 2 | August 16, 2021

Dear Member,

Sending following links.

Warm Regards,
TIOL Content Team

TIOL PRIVATE LIMITED.

For assistance please call us at + 91 7838594749 or email us at helpdesk@tiol.in.

INCOME TAX


	2021-TIOL-1334-ITAT-MUM Mascot Lifestyle Pvt Ltd Vs ITO Whether professional fees paid to directors of company shall not be disallowed if it is not in excess of market rate - YES: ITAT - Assessee's appeal partly allowed: MUMBAI ITAT 2021-TIOL-1333-ITAT-AHM Vidras India Ceramics Pvt Ltd Vs DCIT Whether assessee is eligible for deduction for provision made against debtors, claimed in P&L a/c and adjusted against sundry debtors/bad and doubtful debts in balance sheet – YES: ITAT. - Assessee's Appeal partly allowed: AHMEDABAD ITAT

NEWS FLASH

FM oozes confidence in sorting out Income Tax e-filing issues very soon

Rs 267 Crore Central aid to Kerala to combat COVID-19

People fleeing from Taliban regime in hundreds cling on bottom part of US plane before take off on runaway

Govt looking to privatise six more airports if traffic surge continues

EU Foreign Ministers to discuss Afghanistan imbroglio tomorrow

Malaysian PM finally puts in papers after 17 months in office

Japanese economy bounces back in Q2; COVID-19 battering effect seen waning + China's factory output dips; Sales slide

NOTIFICATION


	dgft21not018 Govt restricts exports of COVID-19 Rapid Antigen testing kits with immediate effect

TOP NEWS

Govt exempts 10 organisations from Drone Rules

Green energy - Rules to regulate purchase & consumption floated

Textile Ministry takes measures for promotion of handlooms

TIOL PRIVATE LIMITED.
TIOL HOUSE, 490, Udyog Vihar, Phase - V,
Gurgaon, Haryana - 122001, INDIA
Web: https://taxindiaonline.com
Email: updates@tiol.in
__________________________________
CONFIDENTIALITY/PROPRIETARY NOTE.
The Document accompanying this electronic transmission contains information from TIOL PRIVATE LIMITED., which is confidential, proprietary or copyrighted and is intended solely for the use of the individual or entity named on this transmission. If you are not the intended recipient, you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited. This prohibition includes, without limitation, displaying this transmission or any portion thereof, on any public bulletin board. If you are not the intended recipient of this document, please return this document to TIOL PRIVATE LIMITED. immediately