India source income may be seen as accrued in IndiaSonu Iyer
(a) is received or is deemed to be received in India in such year by or on behalf of such person; or (b) accrues or arises or is deemed to accrue or arise to him in India during such year; or (c) accrues or arises to him outside India during such year: Provided that, in ...
Earning generated from youtube, website, indiastudychannel is taxable. Non-taxable income would not be taxed whether or not you enter it on your tax return. These are the items which are deemed non taxable : gifts, bequests and inheritances. There is a thing if you have recieved more ...
DEDUCTIONSFROM GROSSTOTALINCOME By: DR.N.K.GUPTA INTRODUCTION Indiantaxlawscontaincertainprovisions, whichareintendedtoactasanincentivefor achievingcertaindesirablesocio-economic objectives.These166provisionsare containedinChapterVIAandareinthe formofdeductions(80Cto80U)fromthe GrossTotalIncome.Byreducingthe char...
If an Income tax return’s is filed but not verified, the ITR is deemed to be invalid and is subject to ... INCOME TAX Online ITR submitting Due Dates for AY 2023-24 RJA 01 Aug, 2022 Online ITR Filing Amendment – FY 2022-23 (AY 2023-24) What is the Income Tax? · There ...
However, Knab will also assess whether the new financial asset recognized is deemed to be credit-impaired on initial recognition, especially if the renegotiation was driven by the debtor being unable to make the originally agreed payments. Differences in the carrying amount will also be recognized ...
印度-中国避免双重征税协议 Income Tax Department.pdf,CHINA * Agreement for avoidance of double taxation of income and the prevention of fiscal evasion with China Whereas the annexed Agreement between the Government of the Rep ublic of India and the Govern
“Dear Distributor’s, We are pleased to advise you that the Company will reimburse the GST paid by you on the Bonus earned from the date of applicability of GST As you all are aware, that Govt of India has introduced Goods and service Tax (GST) with effect from 1st July 2017. As pe...
to his wife as his income. It was contended by the assessee that the dividend which his wife received could not be deemed to be his income.. The department argued that since the shares continued to stand in the name of the assessee and the dividends had been declared in his name, the...
In this case Mr Kale has given his wife name in flat for convenience and he has contributed full money in the flat. Hence he has become the deemed owner as per Section 27 of the income tax act . So as per this Section full(100%) Income from house /Flat is to be added in his in...