India Value Fund Advisors (P) Ltd., In re
Reduction of Share Capital-Certification from qualified auditors or chartered accountants called for-In a petition praying for approval for the proposed reduction of share capital of the petitioner-company as resolved by the board of directors of the [LexDoc Id : 363443]
T.G. Krishnamurthy vs AROC
Non-filing of balance-sheet and profit and loss account-Offence continuing one and not barred by limitation-The high court held that in view of the averments made in the complaint since the offence alleged against the petitioners under s.220 of the Companies [LexDoc Id : 359977]
Lucent Technologies International Inc. vs DCIT
Payment to non-resident-Payment for: Right to use software-The payment made to assessee for use of software was not royalty since the payment was made for use of copyrighted article and not for use of copyrigh [LexDoc Id : 358594]
Pipeline Engg. GMBH vs DDIT
Interest chargeable: Non-payment of advance tax-Entire income subject to TDS-The entire income chargeable to tax in India was subject to TDS under s.195. No interest under s.234B or under s.234C could be charged for non-payment [LexDoc Id : 355067]
ITAT (Mumbai)
2008
Infrasoft Ltd. vs ADIT
Income deemed to accrue in India-Transfer and licencing of software-AY 2003-04. The assessee was part of a group of foreign companies. A branch office of the group was established in India mainly for import and supply [LexDoc Id : 354433]