Income-taxAct,1961:Notificationunderundersection2(1A)(c),poviso,clause(ii)(B)and section2(14)(iii)(b);Urbanisationofareas WhereasadraftnotificationwaspublishedbytheCentralGovernmentinexerciseofthepowersconferred byitem(B)ofclause(ii)oftheprovisotosub-clause(c)ofclause(1A),anditem(b)ofsub-clause(...
Section 90A of the Income-tax Act, 1961 - Double Taxation AgrajivEmail thisPrint this
During FY 2005-06 (AY 2006-07), the respondent resided in India for a period of 45 days which does not exceed the maximum threshold limit specified in Section 6 of the Income-tax Act, 1961 (‘the Act’) and accordingly, the respondent was ...
There was a great need and importance for introducing the provisions of section 68 under the income tax act, 1961 to safeguard and protect the interest of revenue, as assessee was engaged in harmful tax practices to evade tax in the form of Black Money,
Tax Collected at Source (TCS) was originally introduced under Section 206C of the Income Tax Act, 1961. It was applicable on the sale of specific goods and on transactions between specific entities as defined by the act. In the past year, the Government of India introduced new...
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...
If the information provided by you in your return matches with what the tax department has, a final intimation is sent (under Section 143(1) of the Income-tax Act, 1961). It contains details of return filed by you and the information available with the tax authority. ...
1961. (1) They extend to the whole of the State of Maharashtra. 2. Definitions:- In these rules, unless the context otherwise, requires. — (a) "Act" means the Maharashtra Co-operative Societies Act. 1960; (b) "Apex Co-operative Bank" means a federal co-operative bank having ...
If the corporation is or intends to become a registered charity under the Income Tax Act, it is strongly recommended that the Charities Directorate of the... Government of Canada, Industry Canada, National Capital Region, Office of the Deputy Minister, Small Business and Marketplace Services, Cor...
2.4 Concessional Rates of Tax u/s 115BAC 3. Section 192 of the Income-tax Act, 1961: Broad scheme of Tax Deduction at Source from “Salaries” 3.1 Method of Tax Calculation 3.2 Payment of Tax on Perquisites by Employer 3.3 Computation of Average Income Tax ...