B.Com, FCA & Partner, Manohar Chowdhry & Associates

Why Transfer Pricing

 

Continue reading
14 Hits
0 Comments

Union Budget 2018-19 - A Green Signal to Farmers

 

Continue reading
859 Hits
0 Comments

Demystifying Secondary Adjustments

 

Continue reading
2557 Hits
0 Comments

Going Dutch

 

Continue reading
2715 Hits
0 Comments

MCA Tax Calculator-FY2017-18

MCA Tax Calculator-FY2017-18
Continue reading
1726 Hits
0 Comments

The Times They are a Changin’

 

Continue reading
2641 Hits
0 Comments

International Taxation

 

Continue reading
2905 Hits
0 Comments

Pass-Through Costs in Transfer Pricing

 

Continue reading
3064 Hits
0 Comments

A Brief on the Report of the Committee on Taxation of E-Commerce

 

Continue reading
2948 Hits
0 Comments

Benefit Test in Transfer Pricing

 

Continue reading
1936 Hits
0 Comments

Pacta Sunt Servanda – agreements must be performed in good faith

 

Continue reading
3270 Hits
0 Comments

Art of Representation

 

Continue reading
2453 Hits
0 Comments

How Ind-AS implementation will impact corporate tax? – Part II

Read More at » TaxSutra  taxsutra

Continue reading
1750 Hits
0 Comments

How Ind-AS implementation will impact corporate tax? - Part 1

Read More at » TaxSutra  taxsutra

Continue reading
2015 Hits
0 Comments

How Ind-AS implementation will impact corporate tax?

Aug 10 2015

Introduction

The year 2015 has ushered in a new era for compliance service providers with the introduction of two sets of new standards issued by the Ministry of Corporate Affairs (MCA) & the Central Board of Direct Taxes (CBDT) respectively. The MCA notified the Companies (Indian Accounting Standards) Rules, 2015 in February 2015 laying down the roadmap for application of IFRS converged Indian Accounting standards (Ind - AS) along with the Ind - AS standards for application by companies other than Banking Companies, Insurance Companies and Non - Banking Finance Companies (NBFCs). The CBDT vide Notification no. 32/2015 dated 31 - 03 - 2015 has notified 10 Income Computation and Disclosure Standards (ICDS) effective from 01 - 04 - 2015, applicable from Assessment Year 2016 - 17 onwards to be followed by all the assessees, following the mercantile system of accounting. The Ind - AS roadmap provides for a phase wise implementation with Ind - AS up for voluntary adoption for FY 2015 - 16 and becoming mandatory for certain class of companies from FY 2016 - 17 onwards.

Continue reading
10419 Hits
0 Comments

Transfer Pricing

 

Continue reading
3539 Hits
0 Comments

BEPS

Continue reading
3393 Hits
0 Comments

Minimum Alternate Tax

Continue reading
2320 Hits
0 Comments

Bacon, Lettuce and Tomato - BLT

I would like to begin by wishing all the readers a very Happy New Year and a productive 2016.The year 2015 has been a good year for the industry from the direct taxes perspective with the government actively working to simplify the provisions of the Act and clarifying matters of litigation such as applicability of MAT on Foreign Institutional Investors.

Continue reading
2627 Hits
0 Comments

Analysis of decision in case of Rampgreen Solutions Pvt. Ltd.

 

Rampgreen Solutions Pvt Ltd. v CIT, Delhi HC,2015

Introduction

This case law discusses the scope of functional differences filter while carrying out a comparability study for comparables within the same industry sector. The case law has elaborated how companies engaged in Knowledge Process Outsourcing (KPO) services cannot be used as comparables for conducting a Transfer Pricing study of a company engaged in Business Process Outsourcing (BPO) services, even though both KPO and BPO services fall within the broader definition of Information Technology Enabled ServicesSector.

Continue reading
2937 Hits
0 Comments

Logo 11

Copyright © Manohar Chowdhry & Associates. All Rights Reserved. Designed by IntelliSmart Softech Pvt. Ltd. 
Compliance    |    Privacy Policy    |    Legal Disclaimer

Login