Income Tax
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Draft Income Tax Rule 97 – Safe harbour for eligible specified domestic transaction
Draft Income Tax Rule 92 to 96 – Safe Harbour Limits: No MAP if Accepted, Exclusions for Certain International Deals, and Eligibility Rules for Specified Domestic Transactions
Draft Income Tax Rule 91 – Procedure relating to transactions of provision of information technology services
Draft Income Tax Rule 90 – Procedure relating to transactions other than provision of information technology services
Faceless Assessment under Income Tax Act: Reforming Tax Administration in India
Draft Income Tax Rule 89 – Safe harbour for eligible international transactions
Draft Income Tax Rule 88 – Eligible international transactions for safe harbour
Draft Income Tax Rule 87 – Eligible assessee for safe harbour rules for international transactions
Draft Income Tax Rules 85 and 86: Accountant’s Report under Section 172 and Safe Harbour Definitions for International Transactions
Draft Income Tax Rule 84 – Information and documents to be kept and maintained under section 171(1)(a)
Draft Income Tax Rule 83 – Time Limit for Repatriation under Section 170(2) and Interest Computation under Section 170(4) on Secondary Adjustments
Draft Income Tax Rule 82 – Exercise of option for determination of Arm’s length price for multiple years in a single proceeding
Draft Income Tax Rule 81 – Determination of arm’s length price in certain cases
Draft Income Tax Rule 80 – Most appropriate method
Latest Income Tax News
Income tax is the part of your income which you are required to pay to the Indian government for funding various infrastructural developments, pay salaries to those who are employed by the central or the state governments, etc. All the taxes which are imposed are based on law, and the law which governs provisions about taxes on income is the Income Tax Act, 1961.
Income tax needs to be paid by each and every individual, Hindu Undivided Family, Association of Persons, Body of Individuals, companies, corporate firms, local authorities and every artificial juridical person generating any income based on the income tax slab rates.
Income tax might seem to be a tedious tax for most us, and it has a lot to do with the fact it involves a lot of nitty-gritty and details while calculating and in paying income tax. However, if you need a clear picture about income tax which is simple and easy to understand then you are at the right place.
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Find all the latest developments and amendments to the Income Tax Act. Get to know all the tips and tricks on how to save income tax and develop your own income tax planning work plan. We keep updating our portal regularly so that you don’t miss out on anything.
