Join our webinar on July 24-25 for an in-depth analysis of Union Budget 2024. Learn about tax proposals, sector impacts, and investment insights. Register now!
Join CA Sachin Jain for a live course on Input Tax Credit from a litigation perspective. Gain practical insights and master ITC complexities. Register now!
Circular No.370 – Income Tax It has come to the notice of the Board that in certain cases where payments are made to non-residents and the tax payable by the non-resident is borne by the person making the payment, the provisions of section 195 are not being followed. As a result such persons become liable to pay interest and penalty under section 201(1A) and section 221, respectively and also punishment under section 276B.
Notification No- S.O.4485 – Income Tax In continuation of this office Notification No. 3421 (F. No. 203/186/78-ITA. II), dated 29-5-80 it is hereby notified for general information that the institution mentioned below has been approved by the Department of Science and Technology, New Delhi, the prescribed authority for the purposes of
Notification No- S.O.3991- Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Ramana Kendra, Delhi (Regd.), for the purpose of the said section for the period covered by the assessment year(s) 1985-86 to 1987-88
Notification No- S.O.3990 – Income Tax In exercise of the powers conferred by clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Ramana Maharshi Centre for Learning, Bangalore, for the purpose of the said section for the period covered by the assessment year 1985-86