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Profits tax

Tax imposed on business profits in addition to ordinary income tax or as distinct from income tax imposed on other forms of income.

News On Profits tax
Uttam Galva Q4 net profit down 29.52% at Rs 28.19 cr

24-05-2013| Source:PTI

Mumbai-based Uttam Galva'sIts finance costs rose by 7.50 per cent at Rs 59.62 crore during the quarter, and the tax outgo declined by 31 per cent to Rs 30.72 crore.

Karur Vysya Bank Q4 net up 8% on higher interest income

24-05-2013| Source:Moneycontrol.com

Karur Vysya Bank's Q4 net profit rose marginally by 8 percent year-on-year to about Rs 160 crore, driven by non-interest and interest income. However, net profit dropped 27% to Rs 151 crore without

Crompton Q4: Analysts expect 30% fall in PAT at Rs 70 cr

24-05-2013| Source:CNBC-TV18

Crompton Greaves' fourth quarter profit after tax will fall 30.2 percent year-on-year to Rs 70 crore because of continued losses in the subsidiaries.

Delhi ITAT Rules On Attribution Of Profits To PE

22-05-2013| Source:Moneycontrol.com

In this Transfer Pricing alert, EY summarises a recent ruling of the Delhi Income Tax Appellate Tribunal (Tribunal) in the case of Convergys Customer Management Group Inc. (Taxpayer) on the issue

Apple's stateless subsidiaries lower tax bills: Senate

21-05-2013| Source:Reuters

Apple Inc has held billions of dollars in profits in Irish subsidiaries to pay little or no taxes to any government, using an unusual global tax structure, according to a US Senate report