includes index

Choice of accounting method -- Improper accounting method -- Taxability of accrued income -- Nature of income -- Foregoing of income -- Remission of liability -- Isolated transaction-whether falls in tax net -- Transfers to statutory funds -- Profession as distinct from business -- Taxability of doubtful interest of loans -- Subsidies given by government -- Non-refundable deposits as business income -- Mesne profits -- Profits or losses on account of devaluation -- Effect of stock-in-trade on profits -- Expenditure incurred in promoting companies -- Deductibility of expenditure of earlier years -- Deductibility of rent paid in advance -- Deductibility of amounts not expended -- Deductibility of disputed liabilities -- Deductibility of annual payments -- Deductibility of trading loss -- Infructuous expenditure -- business expenditure -- Principle of commercial expediency -- Connection of enduring benefit -- Expenditure for initiation or setting up of a business -- Capital issue expenses -- Repair expenses -- Travelling expenses -- Expenditure on celebrations and business gatherings -- Ex-Gratia payments to employees -- Contributing to an insurance fund -- Contributions for employees welfare -- Training expenses -- Reasonableness or remuneration to employees -- Compensation on termination of employment -- Discounts to customers -- Scientific research expenditure -- Friendly loans to associates -- Payment by uncrossed cheques -- Irrecoverability of a debt -- Irrecoverability of capital advances -- Eliminating competition -- Damages in civil disputes and penalties for infraction of laws -- Prospecting for minerals and ores -- Discharging responsibilities as a corporate citizen -- Deductions under section 43B -- Deductibility of technical know-how fees -- Expenditure on subsidiary company -- Depreciable assets -- Actual cost of assets -- Depreciation claim-when title not complete -- Depreciation and losses of discontinued business -- Important conditions for claiming depreciation allowance -- Income earned during precommencement period -- Interest on surplus funds -- Setting-off losses and depreciation -- Loss from speculative transactions -- Intricacies of the investment allowance -- Investment deposit scheme -- Incentives for export and foreign exchange earnings -- Turnkey projects -- Tax benefits in respect of technical know-how imparted by Indian companies -- Taxability of royalties earned by foreign collaboratiors -- Technical service fees -- Business connection with non-residents -- Tax treaties -- Vicarious liability of non-resident's agents -- Tax deduction from non-residents income -- Head office expenses of foreign companies -- Tax incentivi