Section 50C and 56(2)(vii)of the e Tax Act<br/>Section 50C of the e Tax Act, 1961 (the Act)<br/> <br/>History and brief background of the evolution of Section 50C <br/>Under the Act of 1922 , first proviso to Section 12B(2) entitled the Assess
Section 160 of the Income Tax Act (Canada)tax.network
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...
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,
美国税改 (Tax Cuts & Jobs Act) 为让独资公司(Sole-Proprietorship),合伙企业 (Partnership) 和S公司 (S Corporation) 保持其在税收上的有利地位,在税务减免的条例中新增了Section 199A – Qualified Business Income 来确保除股份有限公司(C Corporation) 以外的其他企业形式仍能得到一定程度的税务福利和税务减免...
206AB. (1) Notwithstanding anything contained in any other provisions of this Act, where tax is required to be deducted at source under the provisions of Chapter XVIIB, other than section 192, 192A, 194B, 194BB, 194LBC or 194N on any sum or income ...
Short Form ,o,9.,90'EZ Returnof OrganizatioEn xemptFromIncomeTax Under section 501(c), 527, or 4947(all1lof the Internal Revenue Code ) soonsoori,noo"ni,"t(i?X"""3lfi?:i::lgi."fgfi,llJl'i'JffTfi:Hl*:,T,"'aJlssderiniensdection Depadment of the Treasury lnternalRevenue...
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(...
• While processing income-tax return, the Assessing Officer (AO) treated the sale of plots transaction as sale of capital assets and accordingly, determined the deemed capital gain from the sale of plots as per the provisions of Section 50C 2 of the Act. • However, the Commissioner ...
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...