cbdt circular

  • Income Tax

FAQ-Computation of book profit for levy of MAT u/s 115JB for Ind-AS compliant companies

FAQ-Computation of book profit for levy of MAT u/s 115JB for Indian Accounting Standards Ind AS compliant companies Circular Number…

7 years ago
  • Income Tax

No TDS deduction on GST Component when indicated separately in invoice-CBDT Circular 23/2017

No TDS deduction on GST Component when indicated separately in the invoice as per agreement/contract between payer and payee-CBDT CIRCULAR…

7 years ago
  • Income Tax

Formula for computing Tax Effect where income computed u/s 115JB or 115JC . CBDT modifies circular 21/2015

Formula for computing Tax Effect where income computed u/s 115JB or 115JC . CBDT has modified the circular no. 21/2015…

7 years ago
  • Income Tax

TDS u/s 194-I not to apply to Passenger Service Fees (PSF)-CBDT accepts Bombay High Court Judgment

TDS u/s 194-I not to apply to Passenger Service Fees (PSF) by an Airline to an Airport Operator-CBDT accepts Bombay…

7 years ago
  • Income Tax

Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment

Explanation 2 to Section 132B have prospective application-CBDT Circular accepting various High Courts judgment on application of seized/requisitioned assets Circular…

7 years ago
  • Income Tax

Trade advances are not deemed dividend u/s 2(22)(e). They do not fall within the ambit of the word ‘advance’

Trade advances are not deemed dividend u/s 2(22)(e) as they do not fall within the ambit of the word 'advance'…

7 years ago
  • Income Tax

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally CBDT Circular 18/2017

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally and who are also statutorily not required  to…

7 years ago
  • Income Tax

Letting out buildings/developed space with other amenities in Industrial Park SEZ to be treated as business income-CBDT

Letting out  buildings/developed space with other amenities in Industrial Park SEZ to be treated as business income  Circular N o.…

7 years ago
  • Income Tax

Removal of Cyprus from list of notified jurisdictional areas us 94A – Clarification

Removal of Cyprus from list of notified jurisdictional areas us 94A of the Income-tax Act retrospectively from 01.11.2013-Clarification  Removal of…

7 years ago
  • Income Tax

Merchant Navy salary of non-resident in NRE account in Indian Bank not taxable-CBDT

Merchant Navy salary of non-resident in NRE account in Indian Bank not taxable if services rendered outside India on a…

7 years ago