Withholding tax
Mar-12th-2010
Whether withholding tax is required to be deducted on import payment to non resident, who have permanent establishment in India? If required than what will be the rate of deduction?
Author Archive
Replies(3)
Derivative transaction
Jan-19th-2010
Dear Mr. Choudhary
Your article on taxation impact of derivative transactions throw extensive light on some grey areas and debatable opinions. Can you further clarify the following:-
> What are the exception to explanation of sec 73? If a company business is of trading in share of other companies, will it be regarded as speculation? Under what [...]
Deemed Dividend U/s 2(22)(e)
Jan-7th-2010
1. Concept
The concept of deemed dividend postulates two factors, whether the payment is a loan or advance to a shareholder or a concern in which the shareholder is substantially interested and whether on the date of payment there is accumulated profit. Closely-held companies having accumulated profits in which substantial voting power lies in the [...]
Query:Trust
Jan-5th-2010
Dear Sir,
Can a settler of the trust could also be named as Trustee in Trust Deed along with other trustees?
