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India signs DTAC Protocol with Sweden to prevent evasion
(UNI) India and Sweden have signed a Convention and Protocol at Stockholm for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital (DTAC). The amended Protocol allows both countries to assist in conducting tax examination abroad by allowing officials of one country to enter…
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TDS applicable if amount paid exceeds Rs 75,000
(UNI) If the aggregate amount paid/credited or likely to be paid or credited to a contractor or sub-contractor exceeds Rs 75,000 during a financial year, tax should be deducted at source under section 194c of Income tax Act, a top Income Tax official said. Addressing a seminar on Revised provisions on TDS here K Satyanarayana,…
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Commissioner of Income Tax v Jagat Novel Exhibitors Private Limited
Commissioner of Income Tax v Jagat Novel Exhibitors Private Limited Delhi High Court 8 February 2012 Income Tax Appeal Nos. 7/2006, 2/2006, 3/2006, 4, 2006, 5/2006, 8/2006, 10/2006, 11/2006,17/2006 and 22/2006 The Judgment was delivered by : Sanjiv Khanna, J. 1. The aforesaid appeals filed by the Revenue under Section 260A of the Income Tax Act,…
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Commissioner of Income Tax v Jagat Novel Exhibitors Private Limited
Commissioner of Income Tax v Jagat Novel Exhibitors Private Limited Delhi High Court 8 February 2012 Income Tax Appeal Nos. 7/2006, 2/2006, 3/2006, 4, 2006, 5/2006, 8/2006, 10/2006, 11/2006,17/2006 and 22/2006 The Judgment was delivered by : Sanjiv Khanna, J. 1. The aforesaid appeals filed by the Revenue under Section 260A of the Income Tax Act,…
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