Income Tax Notification & Circulars

NOTIFICATION NO. 235/2007, DATED 24-8-2007

 

NOTIFICATION NO. 235/2007, DATED 24-8-2007It is hereby notified for general information that the organizationMandke Foundation, Mumbai has been approved by the CentralGovernment for the purpose of clause (ii) of sub-section (1) ofsection 35 of the Income-tax Act, 1961 (said Act), read with Rules5C a..

Posted in Income Tax

Cost Inflation Index for FY 2007-08

 

NOTIFICATION NO. 214/2007, DATED 3-8-2007 Notified Cost Inflation Index for financial year 2007-08 In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard to seventy-five per cent of the aver..

Posted in Income Tax

NOTIFICATION NO. 203 OF 2007, DT. 1ST JUNE, 2007

 

TDS SECTION 194A(3), In exercise of the powers conferred by sub-clause (c) of clause (i) of sub-section (3) of section 194A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the Senior Citizens Savings Scheme, 2004, published vide G.S.R. number 490(E) dated 2nd A..

Posted in Income Tax

NEW FVU (FILE VALIDATION UTILITY ) RELEASED BY NSDL

 

No.402/92/2006-MC (10 of 2008) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 12th February 2008     PRESS RELEASE     All  tax  deductors  /&nbs..

Posted in Income Tax

CLARIFICATION ON TDS ON SERVICE TAX SEC194-I RENT

 

Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax Act CIRCULAR NO. 4/2008, DATED 28-4-2008   Representations/letters have been received in the Board seeking clarification as to whether TDS provisions un..

Posted in Income Tax |   2 comments

Scope of e-TDS expanded

 

Income-tax (Ninth Amendment) Rules, 2007 NOTIFICATION No. 238/2007, dated 30-8-2007   In exercise of the powers conferred by section 295 read with sub-section (3) of section 200 and proviso to sub-section (3) of section 206C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Di..

Posted in Income Tax

Amortization of Preliminary Expenses

 

NOTIFICATION NO. 236/2007, DATED 24-8-2007 It is hereby notified for general information that the organization Engineers India Limited, New Delhi has been approved by the Central Government for the purpose of clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961, for the period..

Posted in Income Tax

Cost of Inflation 2007-08

 

CBDT notified Cost Inflation Index for F. Y. 2007 - 083 August 07 Section 48, Explanation (v) of the Income-tax Act, 1961 - Notified Cost Inflation Index for financial year 2007-08 NOTIFICATION NO. 214/2007, DATED 3-8-2007 In exercise of the powers conferred by clause (v) of ..

Posted in Income Tax

Research Expenditure

 

NOTIFICATION NO. 229/2007, DATED 21-8-2007 It is hereby notified for general information that the organization Matrivani Institute of Experimental Research and Education, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Inc..

Posted in Income Tax

Salary paid by Infosys to non-resident employee taxable in India: AAR

 

BEFORE THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) NEW DELHI 24th day of August, 2007 PRESENT HON’BLE MR. JUSTICE P.V. REDDI (CHAIRMAN) MR. A. SINHA (MEMBER) APPLICATION NO. AAR 741 OF 2007 Name & address of applicant Mr. S. Mohan C/o Mr. R. Subramanian, Flat No. 2, Anugra..

Posted in Income Tax



CCI Pro

Trending Online Classes

view all classess

Browse by Category