Circulars (More)

RBI Notification:(I) Scheme for Investment by Qualified Foreign Investors in equity shares (II) Scheme for Investment by Qualified Foreign Investors in Rupee Denominated Units of Domestic Mutual Funds – Revision

RBI Notification: 100% FDI in Single Brand Retail

CBDT Notification: Income-tax (First Amendment) Rules, 2012

CBDT Notification: Centralised Processing of Returns Scheme, 2011

CBEC order: Extention of time for filing of Service Tax Return for Half Year Ending on 30th September

Legal Decisions (More)

MCA Circular: Online incorporation of companies within 24 hours

SACHIN R. TENDULKAR is an actor/model apart from Cricketer [ITAT (Mum)]

Tax Deduction at source not required u/s 195, if payment to Non-Resident is not chargeable to Tax in India. Application to AO u/s 195(2) require, if there is part of payment chargeable to tax in India.

No Concealment if addition made on estimated basis

Penalty u/s 271(1)( c) cannot be impose when assessee failed to produce the parties before AO for examination

Articles (More)

TDS Rates for finacial Year 2011-12

Tax Calculator for Asst. Year 2012-13

Chart of Inter-Source & Inter-Head Loss Set off

Overseas Commission & TDS u/s 195

FAQ on Right to Information Act, 2005

Query (More)

CAN THE LOSS IN CURRENCY TRADING IN UNITED STOCK EXCHANGE BE ADJUSTED WITH BUSINESS INCOME.

Business income or profession income

Is service tax applicable on commission remitted outside India

IS THERE ANY RESTRICTION ON THE INVESTMENT BY THE NBFC COMPANY.IS THE INVESTMENT IN ANY COMPANY BY THE NBFC COMPANY IS LIMITED 15% OF ITS OWNED CAPITAL.

PLEASE GIVE US SOME IDEA ON NBFC & NON NBFC COMPANY.HOW DO THEY FUNCTION AND WAT ARE DIFFERENCES IN THEM