Wednesday, 11 April 2012

New One Page Form for New PAN Card or/And Changes or correction in PAN Data

Income tax department has released a new form for  New PAN Card or/And Changes or correction in PAN Data.  the new form is simple then earlier form 49A and easy to fill.  the form also have column to fill AADHAAR.number for the applicants who already have one.
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Supreme Court ruling holds non-compete fee is allowable as revenue expenditure

  The Hon’ble Supreme Court settled the long-standing controversy surrounding the tax treatment of non-compete fees and, based on the facts ...