Income Tax Notification & Circulars

NEW FVU (FILE VALIDATION UTILITY ) RELEASED BY NSDL

No.402/92/2006-MC (10 of 2008) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 12th February 2008 PRESS RELEASE All tax deductors /&nbs..

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CLARIFICATION ON TDS ON SERVICE TAX SEC194-I RENT

Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax Act CIRCULAR NO. 4/2008, DATED 28-4-2008 Representations/letters have been received in the Board seeking clarification as to whether TDS provisions un..

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Scope of e-TDS expanded

Income-tax (Ninth Amendment) Rules, 2007 NOTIFICATION No. 238/2007, dated 30-8-2007 In exercise of the powers conferred by section 295 read with sub-section (3) of section 200 and proviso to sub-section (3) of section 206C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Di..

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Amortization of Preliminary Expenses

NOTIFICATION NO. 236/2007, DATED 24-8-2007 It is hereby notified for general information that the organization Engineers India Limited, New Delhi has been approved by the Central Government for the purpose of clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961, for the period..

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Cost of Inflation 2007-08

CBDT notified Cost Inflation Index for F. Y. 2007 - 083 August 07 Section 48, Explanation (v) of the Income-tax Act, 1961 - Notified Cost Inflation Index for financial year 2007-08 NOTIFICATION NO. 214/2007, DATED 3-8-2007 In exercise of the powers conferred by clause (v) of ..

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Research Expenditure

NOTIFICATION NO. 229/2007, DATED 21-8-2007 It is hereby notified for general information that the organization Matrivani Institute of Experimental Research and Education, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Inc..

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Salary paid by Infosys to non-resident employee taxable in India: AAR

BEFORE THE AUTHORITY FOR ADVANCE RULINGS (INCOME TAX) NEW DELHI 24th day of August, 2007 PRESENT HON’BLE MR. JUSTICE P.V. REDDI (CHAIRMAN) MR. A. SINHA (MEMBER) APPLICATION NO. AAR 741 OF 2007 Name & address of applicant Mr. S. Mohan C/o Mr. R. Subramanian, Flat No. 2, Anugra..

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