The CBDT department has announced an extension for the filing deadline of income tax returns under section 92E is 15th December 2024 from 30th November 2024. Read Circular The deadline to submit your income tax return for 2024-25 has been extended to November 15, 2024, for audit cases. Re...
George KermisEric RedpathRedpath, I., Vogel, T., Kermis, G., and Redpath, E. (2010). Uncer- tain Income Tax Positions: An analysis of FIN 48, IRC Penalty Disclosure and Circular 230. The BRC Academy Journal of Business, 1, 107-123....
, whether or not he can enjoy the preferential treatment of exemption of individual income tax shall be determined in accordance with Article 7 of the Regulation on the Implementation of China's Individual Income Tax Law as well as the stipulations of Clause 1 of Article 2 of this Circular....
In a significant relief for taxpayers, the CBDT, through Circular No. 20/2024 dated Dec 30, 2024, has extended the due date for determining the payable amount under column (3) of the Table in section 90 of the Direct Tax Vivad Se Vishwas Scheme, 2024. ...
Note: The CBDT has revised the due date for filing income tax returns to furnish a report under Section 92E to December 15, 2024. Read Circular The due date for furnishing a Report from an Accountant by persons entering into an international transaction or specified domestic transaction under ...
The South Sudan Revenue Authority has issued a circular concerning the administration of Personal Income Tax, following recommendations from the National Tax Policy Dialogue. The Circular suspends the Administration's inclusion of certain sources of inco
enterprises whose total income tax is attributed to the central government (as well as enterprises whose headquarters and subsidiaries are located in the same province, autonomous region, or municipality directly under the central government) are not included under the inspection scope of the Circular....
1. The circular flow of income: The multiplier倍增数:is the number of times by which a change in injection would cause the final change in national income. The multiplier (k)=1/MPW=1/(1-MPC) 👉补充有可能涵盖的AS部分考点: N...
It is well settled that in case of any conflict between the provisions of DTAA and the Income tax Act, 1961, then provisions of DTAA would prevail over provisions under Income tax Act, 1961. [CBDT Circular No. 333 dated 02/04/1982] In this case Mr. X is therefore not liable to...
How can an income tax system be designed to exploit human nature and a free market to create a poverty free society, while balancing budgets without disproportional tax burdens? Such a tax system, with universal character, is deduced from the following g