Now Search Service Tax Also Along With Case Laws,Articles ,Circulars In One Click!

I have added now the capabilities to search simultaneously following databases

Case laws
Circulars
Taxworry.com
Service Tax.

Therefore, when you fill the search field and press search , all these are searched simultaneously. I hope you like the idea and effort!

Are There Some Special Reliefs For NRI or PIO?

Yes, Income Tax Act , under the Chapter XIIA provides some special provisions which grants reliefs to Non Resident Indians or Person of Indian Origin. The provisions are contained in section 115C to 115 I .The special relief is regarding special tax rates for two types of income-investment income and income from long term capital [...]

Why Sur Charge Can Not Be Imposed Despite Having Income Exceeding Rs 10 Lacs?

i) My taxable income from salary = 780000ii) Short term capital gain (from shares) = 115000iii)Long term capital gain (from shares) = 120000

My total income by adding above( i ,ii,iii ) crosses RS 10 lakhs . Am I liable for 10% surcharge.I have no investment for deduction u/s 80C.William Alex Dias, Mumbai

The [...]

Do Foreigners Require Tax Clearance Before Leaving India?

The answer is Yes and No but before I explain the law , it is importanat to understand that here foreigner means a person not domiciled in India .The answer is NO in case of following persons?Those persons who are not domiciled in India and who come to India

on tourist visa or

for any [...]

Can An Indian Resident Gift Shares To A Non Resident?

Yes, an Indian resident can give gift of shares of a company to a non resident but only if he fulfills certain conditions laid down in . The Regulation 10 of the Foreign Exchange Management (Transfer or issue of security by a person resident outside India) Regulations, 2000 deals with requirement in case of transfer [...]

Do You Require Approval Of RBI For Selling Shares To Non Resident?

One of our client is an NRI . His father holds shares in an Indian Private Company which is trading in / Manufacture of Electronic items. Now my client wants to buy 90% of shares from his father and he wants to remit through banking channels the required money. Now I need a clarification on [...]

15 Services For Which Exporters Can Claim Refund of Service Tax!

The government has notified 15 services associated with the export activities eligible for refund of service tax paid . It is stated in the instruction no 341/15/2007-TRU, DATED 17-4-2008 issued by government as under

Accordingly, 16 taxable services have been notified and the service tax paid on these taxable services, which are [...]

Search For Case Laws On Tax Matters , Circulars and Blog In One Click!

Now search for case laws , circulars and taxworry.com in one click only.
How to do it?
No brainy thing. Write any term in the search field on the right side of the blog and hit the button “search “[or just pressing enter in your computer] . The search result will appear just below with three buttons

Case [...]

Will We Get Tax Relief If Tax Was Deducted At Source In Canada?

Indian Company has given loan, to its subsidiaries situated in Canada.Subsidiaries in Canada pays interest, to Indian parent Company after deducting Tax as per Canadian Taxation Laws.My queries are:Will Indian Parent Company be eligible for any benefit of Tax deducted by subsidiaries?Will such interest income will be taxed in the Hands of Indian Company ( [...]

Do You Need Tax Clearance For Foreign Visit?

No, the hassles of obtaining tax clearance certificate for person who are domiciled in India is now a thing of past. You do not need the tax clearance from income tax department for going out of country. What it means that custom authorities can not demand such certificate before letting you catch the plane.
Subsection(1A) of [...]

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