#income tax act
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Income Tax
Income Tax
Consultation on DTC over, new structure may be finalised soon
Fema / RBI
Fema / RBI
Bankers may meet RBI on 14th to discuss relaxation in lending norms
Income Tax
Income Tax
Section 194A of the Income-tax Act, 1961- Deduction of tax at source – Interest other than interest on securities – Notified institution
Income Tax
Income Tax
AO not justified in adjustment to a international transaction whose arm’s length character is accepted by Transfer Pricing Officer (TPO)
Income Tax
Income Tax
Foreign company having Permanent Establishment in India cannot be taxed at the rate applicable to domestic company
Income Tax
Income Tax
Income from transfer of leased premises is taxable as Capital Gains under the Income-tax Act
Income Tax
Income Tax
Assessing Officer can examine the entries in respect of writing off of bad debt or part thereof by assessee
Finance
Finance
Many Companies following financial year from January-December extended their accounting period to follow April-March cycle
Income Tax
Income Tax
If the income is surrendered with the condition that no penalty be imposed, then the AO not justified in imposing the penalty
Income Tax
Income Tax
Concessional rate of tax for foreign oil exploration and production companies
Income Tax
Income Tax
Income earned by CA from audits will not be entitled to relief U/s. 80RR
Income Tax
Income Tax
SC would decide whether foreign airlines liable to deduct TDS on commissions to travel agents for rendering ticketing services.
Income Tax
Income Tax
Tribunal got the power to rectify mistake apparent from the record but not empowered to rectify its own under u/s. 254(2)
Income Tax
Income Tax
Unilateral remission/cessation of liability by assessee will amount to obtaining of benefit under section 41(1)
Explore the latest income tax act updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
