Pl exlplaing the following
Indian cos can get advance tax ruling on indirect taxes
Thanks in advance
Deepak Tapse (Accounts Manager - Taxation) (1771 Points)
11 July 2014Pl exlplaing the following
Indian cos can get advance tax ruling on indirect taxes
Thanks in advance
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 11 July 2014
earlier only non-residents and resident public ltd cos and PSUs were only eligible to apply for advance rulings...but by propsed amendment vide Fin Budget,2014 all Indian cos(PSU,public ltd and even Private Ltd may take recourse to advance rulings)....and further such amdt for both direct and indirect taxes....
Saurabh Maheshwari
(B.com,ACA)
(5923 Points)
Replied 11 July 2014
earlier only non-residents and resident public ltd cos and PSUs were only eligible to apply for advance rulings...but by propsed amendment vide Fin Budget,2014 all Indian cos(PSU,public ltd and even Private Ltd may take recourse to advance rulings)....and further such amdt for both direct and indirect taxes....
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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