Direct Tax Amicus

Direct Tax Amicus covers major changes in income tax laws as regards treatment of income, DTAAs, transfer pricing regulations, TDS provisions, computation of business income, eligible deductions, MAT and so on in the preceding month. Each issue of this newsletter contains an article on issue of topical interest or developing jurisprudence, notifications and circulars issued during the period and important decisions and judgments covering various facets of income tax law and procedures like classification of expenditure, applying TP provisions, appellate remedy, Dispute Resolution Panel (DRP), powers of Income Tax Appellate Tribunal (ITAT), computation of income and the like are provided under Ratio Decidendi column.