CIT vs. ITI Ltd (Supreme Court) Where the assessee-employer allowed the employees the benefit of deduction under section 10 (5) of the Act without collecting evidence to show that its employees had actually utilized the amounts paid towards Leave Tra ..
Even an Indian company can claim the benefits of non-discrimination under the DTAAWhere the assessee was an Indian company and more than 51% of its equity share capital was held by a German company (Daimler Benz AG) and pursuant to an offshore merge ..
MAHESH KAPASI & CO E-Mail: maheshkapasi49@gmail.comChartered Accountants Phone: 2686 8147B-49, Gulmohar Park, ..
VIEW TAX CREDIT AGAINST YOUR PAN (PERMANENT ACCOUNT NUMBER) TIN (TAX INFORMATION NETWORK) facilitates a PAN holder to view its Annual Tax Statement (Form 26AS) online. Form 26AS contains Details of tax deducted on behalf of the taxpayer by deduct ..
FAQ ON PAN (PERMANENT ACCOUNT NUMBER) What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN. Who can apply f ..
FAQ ON PAN (PERMANENT ACCOUNT NUMBER) What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN. Who can apply f ..
Method of determination of Cenvat Credit attributable to manufacturing of exempted goods and provision of exempted services - Rule 6(3A) of Cenvat Credit Rules 2004 Rule 6 of Cenva ..
“Taxes are the dues that we pay for the privileges of membership in an organized society” - - Franklin D. Roosevelt.IntroductionThere are certain fundamental concepts which play a very elementary role in the computation of income tax. One ..
IntroductionThe emergence of SEZs in a conservative society like India is aimed at changing the Indian outdated thinking and environment. India converted eight of its existing export processing zones into SEZs six years ago. An analysis of the zones& ..
Introduction:Fringe Benefit Tax may seem new to India, but it's not a novel concept. This tax is already levied in the United States, the United Kingdom, Canada, Australia, New Zealand, Japan and some other nations.The fringe benefit tax rules propos ..