Duty Draw Back rates under GST – Suggestions invited by Govt of India
Govt. invites suggestions on Duty Draw Back rates under GST
Monthly Archives: February 2017
No TDS on Payment of lease premium for leasehold rights of 90 years u/s Sec. 194-I TDS
Held Question : what is the nature of the payments made towards lease. Do they constitute rent so as to attract Section 194-I? The court is of opinion that clearly these payments are not “rent”. That they are annual payments cannot be doubted. Yet, part of the payment is clearly capital in nature. Clause 1… Read More »
India and Israel Tax treaty update
India and Israel Tax treaty update A Protocol amending the income tax treaty (1996) between India and Israel has been “notified” in Notification No. 10/2017. Read a February 2017 report [PDF 348 KB] of KPMG
USA – IRS- What Non-U.S. Citizen Taxpayers Must Do , Rules for Tax Withholding Agents
IRS Reminds International Taxpayers of Tax Obligations; Clarifies Rules for Tax Withholding Agents WASHINGTON – The Internal Revenue Service today reminded non-U.S. citizens who may have taxable income, such as international students and scholars who may be working or receiving scholarship funds, that they may have special requirements to file a U.S. tax return. The… Read More »
USA – IRS- Name Change? How It Impacts Taxes
Name Change? How It Impacts Taxes A name change can have an impact on taxes. All the names on a taxpayer’s tax return must match Social Security Administration records. A name mismatch can delay a tax refund. Here’s what taxpayers should know if they changed their name: Reporting Name Changes. Got married and now using… Read More »
Digest of Anti-Corruption Laws – 2017 Edition Book
Digest of Anti-Corruption Laws by Kant Mani Contents :– 1. Anti Corruption Law Sections 1 2 3 4 5 6 7 8 9 10 11 1213 16 17 19 20 22 23 24 27 30 2. Indian Penal Code 1860 Sections 34 120-B 161 163 165 165-A 196-A 201 409 420 467 3. Quashing of Proceedings… Read More »
Commentary on Lokpal and Lokayuktas Act – Book by Justice Narayana P.S
Commentary on the Lokpal and Lokayuktas Act by Narayana P.S. (Author) In this short commentary, care has been taken to deal with the subject in a systematic way so that even a common man also may be able to follow the essentials of the legislation The Importance of the Lokpal and lokayuktas Act, 2013, Act… Read More »
Indian Accounting Standards – IND AS – 2017 Edition Book by taxmann
Indian Accounting Standards (Ind AS) (2017 Edition) by Taxmann As Amended by Companies (Indian Accounting Standards)(Amendment) Rules 2016 916 pages Publisher: Taxmann Publications Pvt. Ltd.; 2017 Edition edition (2016) You can buy this Book for Rs 824. Click to buy this book online Contents of this book on Accounting Standatds. Companies (Indian Accounting Standards) Rules, 2015… Read More »
Competition Laws Manual-Bare Act – 2017 Edition Book by Taxmann
Competition Laws Manual-Bare Act (6th Edition 2017) by Taxmann An Authentic Compendium of Act/Rules/Circulars & Notifications on Competition Laws 300 pages Publisher: Taxmann Publications Pct. Ltd.; 6th Edition edition (2016) You can buy this Book for Rs 311. Click to Buy online
POEM Guidelines not applicable for Companies upto Rs 50 Crore Turnover – CBDT clarify
POEM guidelines shall not apply to companies having turnover up to Rs 50 crores; CBDT clarifies Circular No 08/2017 Dated 23.02.2017 Download Circular on POEM Applicability Related Post on POEM POEM Principles / Place of Effective Management