Tag: Income Tax Circular
Taxability of Consortium Members in Large Infrastructure Projects-CBDT Clarification Circular No. 07/2016 Government of IndiaMinistry of FinanceDepartment of RevenueCentral board of Direct Taxes North Block, New Delhi, the 7th of March, 2016 Subject: Clarification regarding taxability of consortium members-reg.- A Consortium of contractors is often formed to implement …
No TDS on payments by TV channels / newspaper companies to advertising agency for booking/procuring/canvassing advertisements Circular No.5/2016 Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes North Block, New Delhi, the 29th of February, 2016 Sub: Tax Deduction at Source (TDS) on payments by television …
CBDT Guidelines-Gains on sale of shares and securities whether Capital Gains or Business Income Circular No.6/2016 Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes North Block, New Delhi, the 29th of February, 2016 Sub: Issue of taxability of surplus on sale of shares and securities …