Day: July 4, 2010
17 articlesIncome Tax

Income Tax
Authority for Advance Ruling liberally interprets tax residency rules for returning employees
Income Tax

Income Tax
Reminder : Person receiving income subject to withholding tax is required to obtain Permanent Account Number (PAN)
Income Tax

Income Tax
Charges paid for bill discounting transactions does not amount to interest
Income Tax

Income Tax
Mumbai Tribunal rules that no Permanent Establishment arises on deputation on hire basis. Further, no income arises to recipient on reimbursement of salary costs
Income Tax

Income Tax
Fee for technical services may be taxable in India even if completely rendered outside India
Income Tax

Income Tax
AAR ruling is binding on the revenue authorities despite any contrary ruling in other tax payer’s case
Income Tax

Income Tax
Interest free security deposit not a perquisite
Finance

Finance
Simplification of E-visa process for Information technology sector
Income Tax

Income Tax
Maintenance of stock of goods by the foreign enterprise at the customer’s location for standby use may not give rise to PE
Income Tax

Income Tax
Focus on Foreign Institutional Investors (FII’s): Revised Direct Tax Code
Finance

Finance
Public sector units may get audit deadlines
Service Tax

Service Tax
No service tax on payments received before 01.07.2010 for which services was delivered on or after 1st July
Income Tax

Income Tax
Citizens' Charter requires I-T department to return possession of sealed properties and assets in two months
Company Law

Company Law
