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Articles by SathikondaA

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Discussion on proposed Amendments in Income-tax Act, 1961

  SathikondaA    03 March 2010 at 10:50

Finance Bill – 2010-Discussion on Proposed Amendments - Income-tax Act. 1961 DEFINITIONS: Charitable Purpose – Section 2(15) The original clause before its amendment by Finance Act, 2008 stood as follows (15)

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Posted in Income Tax |   18999 Views


Brief Discussion on Proposed Amendments in IT Act-Business

  SathikondaA    14 July 2009 at 19:25

Income-tax Act. 1961. CORPORATE TAX PROPOSALS Rates of Tax for AY 2010-2011 Ø Basic rate of tax for Domestic and Foreign Companies, Firms remain unchanged @ 30%.Dividend Distribution Tax also remains unchanged @15%.Ø Rate

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Posted in Income Tax  5 comments |   11871 Views