Monday, 19 February 2018

HC: Refuses Google's 'indirect' appeal for absolute stay of ITAT order

Karnataka HC dismisses Google India’s plea for absolute stay of ITAT order holding Adwords Program payment as royalty; Accepts Revenue’s stand that “the appellant is seeking to obtain stay of liability in proceedings under Section 143(3) of the Act in this indirect manner

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Bombay HC Clarifies That Genuine Bad Debt Write-offs Need Not Fail for Accounting Technicalities

  Businesses often find themselves in a peculiar position when a customer default turns into a prolonged dispute. Even where recovery procee...