Monthly Archives: April 2017

No TDS u/s 195 on crediting income to payee if taxable on receipt basis under treaty: ITAT

By | April 3, 2017

Held When the income embedded in the payment is not liable to be taxed at the point of time when account of the non-resident was credited, in view of the fact that, under the related DTAA, tax liability can only arise at the point of a subsequent event i.e. payment. When income embedded in the… Read More »

3CFA Option form for taxation of royalty from patent u/s 115BBF – Notification by CBDT

By | April 3, 2017

 Taxation of royalty from patent u/s  115BBF Summary : CBDT has notified new Rule 5G of the Income-tax Rules 1962 for Option form for taxation of royalty from patent u/s  115BBF and Notified  Form No. 3CFA. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st March, 2017 INCOME-TAX G.S.R.… Read More »

No TCS on Cash Sale of Goods or Services or Jewellery w.e.f 01.04.2017

By | April 3, 2017

TCS on Cash Sale of Goods or Services w.e.f 01.04.2017 Finance Act 2017  had Deleted the Clause 206C(1D) and (IE) from Income Tax Act w.e.f 01.04.2017 . Thus person is not required to collect TCS on Cash Sale of Goods or services or bullion ( exceeding Rs 2 Lakh)  or jewellery (exceeding Rs 5 Lakh ) w.e.f… Read More »

Law & Procedure on Charitable Trusts & Religious Institutions -2017 Edition 16th Book-S.Rajaratnam

By | April 3, 2017

LAW AND PROCEDURE ON CHARITABLE TRUSTS AND RELIGIOUS INSTITUTIONS Paperback – 2017 by S.Rajaratnam (Author), M.Natarajan (Author), C.P.Thangaraj (Author) -16th Edition 2017-18 (A.Y. 2018-19) AN INDISPENSABLE GUIDE RELATING TO TAX AND OTHER MATTERS FOR VOLUNTARY AGENCIES. AS AMENDED BY THE FINANCE ACT, 2017 Price Rs 2077. Click to buy Online Related Books on Income Tax Subjects… Read More »

GST PPT- GST Power Point Presentation- 24.03.2017 – Presentation on GST

By | April 2, 2017

Presentation on GST Related Post on GST Bill 2017 CGST Bill 2017 Passed by Lok Sabha – Download-Print UTGST Bill 2017 Passed by Lok Sabha – Download-Print IGST Bill 2017 Passed by Lok Sabha – Download-Print GST Compensation to Sates Bill 2017 -Passed by Lok Sabha – Download GST Composition Rules (India) Released by CBEC… Read More »