Place of Effective Management Test in the Income Tax Act, 1961: Is It the Right Way Forward? The Finance Act, 2015 amended §6(3)(ii) of the Income Tax Act, 1961 to introduce a new test for determining the residential status of companies. The new t... AP Kotha - 《Social Science ...
SECTION 35(1)(ii) OF THE INCOME-TAX ACT, 1961A V VishalEmail thisPrint this
Code Enter the valid TDS Section applicable as per the Income Tax Act, 1961. Description Enter the description of the mentioned TDS Section. e-TDS Specifies the section code to be used in the TDS return. Tip User can create any number of sub-sections for a section using Add Sub Sect...
It will replace the existing Income Tax Act, 1961 and bring all Direct Taxes under one code for providing a single tax reporting system. It has been stated that the new code is drafted by taking into account the internationally ... V Rani,RS Arora 被引量: 1发表: 2012年 ...
Business Central has included Tax Deducted at Source (TDS) by Customer Feature to Indian Localization. TDS is a withholding tax, where tax is deducted by the customer, at the time of making the payment or booking of the invoice, whichever is earlier. As per the Income Tax Ac...
Even if you earned income last year, if it falls below the IRS minimum youdon't have to file a tax return. The minimum varies according to your age and filing status—whether you are: Single Head of Household Married Filing Jointly with your spouse ...
3. Since the company only intimated the Income Tax Department in FY 2016-17 and did not obtain approval, does the existing Gratuity Trust qualify as an "Approved Gratuity Trust" under the Income Tax Act, 1961? 4. Are there any potential penalties, interest, or disallowances under the Income...
Section 192 of Income-Tax Act, 1961 deals with the Tax deducted at source from salary. TDS deducted from the salary will be ultimately reflected in your Form 16. Recently the government gave it a final nod to the proposed amendment under section 192 of Income-Tax Act, 1961 pertaining to...
PIP: Among other things, this Act amends the Income Tax Act of Zambia to apportion equally the married allowance given to married spouses; previously the allowance had belonged to only 1 spouse, usually the husband. The Act also provides that spouses living together will share child allowances ...
(2) The Central Government may, for the purpose of giving effect to the scheme made under sub-section (1), by notification in the Official Gazette, direct that any of the provisions of this Act shall not apply or shall apply with such exceptions, modifications and adaptations as may be ...