ITAT Mumbai held that that reimbursement of expenses at cost is not taxable as fees for technical services since there is no element of income attached to the transaction. Accordingly, revenue’s ...

CIT Vs Jindal Tractebel Power Co. Ltd., the Karnataka High Court deliberated on the imposition of a penalty under Section 271C of the Income Tax Act, 1961, for failure to deduct tax at source (TDS).

U.S. inflation picked up broadly at the start of the year, further diminishing chances the Federal Reserve will cut interest ...

Rana (63), who is of Pakistani origin, is currently lodged in a jail in Los Angeles. He is known to be associated with ...