Income Tax Rule 40(b)

Aug 24, 2015 at 12:35 | Source: Moneycontrol.com
Not all gifts attract income tax. Know the rules that decide tax treatment of gifts.
Aug 22, 2015 at 16:06 | Source: PTI
"The Shah report in fact has come out. I believe they have said the Minimum Alternate Tax (for the period before April 1, 2015) issue should be resolved quickly, which I think will be positive for the market...," he told reporters at the launch of 'Innofest' at the Indian Institute of Science here.
May 07, 2015 at 21:37 | Source: CNBC-TV18
Following a decision of the Authority of Advance Ruling (AAR), Income Tax department slapped 68 notices on foreign portfolio investors saying they have to pay 20 percent MAT totalling Rs 602.83 crore on untaxed capital gains made by them over the past three years.
Apr 24, 2015 at 15:09 | Source: PTI
Following a court ruling, the Income Tax department had slapped notices on foreign portfolio investors (FPIs), saying they have to pay 20 percent MAT on untaxed capital gains made by them over the past three years.
Mar 01, 2015 at 12:41 | Source: Reuters
India, keen to rekindle economic growth, wooed foreign investors on Saturday with a budget that delayed controversial rules to target tax avoidance and maintained lower taxes on income from debt investments.
Feb 05, 2015 at 12:57 | Source: Moneycontrol.com
Non resident income in India can be classified into two categories. And one would be better off learning about the rules that decide how much tax is to be recovered from non resident.
Dec 31, 2014 at 12:32 | Source: Moneycontrol.com
Keeping a track of income tax rules in money matters ensures peace of mind and healthy post returns in the hands of the investors. Here are some tips that make you wealthier in 2015
Dec 09, 2014 at 20:21 | Source: CNBC-TV18
The Bombay High Court had in February directed the tribunal to hear both parties expeditiously and pass a ruling at the earliest.
Nov 26, 2014 at 21:39 | Source: PTI
Attorney General Mukul Rohatgi has asked the Income Tax Department to desist from filing appeal against the Bombay High Court ruling that Vodafone is not liable to pay an income tax demand of Rs 3,200 crore in a case relating to transfer pricing.
Oct 27, 2014 at 13:53 | Source: PTI
"We wish to state that this account was opened when he (Pradip) was an NRI, and was legally allowed to open this account," a Dabur spokesperson said in a statement.
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