Circular on FBT Advance Tax Adjustment Issued!
February 4, 2010 by taxworry · Leave a Comment
Section 115WM of the Income-tax Act, 1961 – Income-tax on fringe benefits – Chapter XII-H not to apply after a certain date – Adjustment of advance tax in respect of fringe benefits for assessment year 2010-11 against advance tax
Circular No. 2/2010, dated 29-1-2010
The Finance Act, 2005 introduced a levy namely Fringe Benefit Tax (FBT) [...]
PAN Percentage FOR TDS/TCS Return Enhanced!
February 13, 2008 by taxworry · Leave a Comment
News You Can Use
No.402/92/2006-MC (10 of 2008)
Government of India / Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New Delhi dated the 12th February 2008
PRESS RELEASE
All tax deductors / collectors are required to file the TDS/TCS returns in Form No.24Q (for salaries), Form No.26Q (for payments other than salaries) or Form No.27EQ (for TCS). These [...]
CBDT Issues Circular On FBT on ESOP With 25 FAQs .
December 22, 2007 by taxworry · Leave a Comment
The Central Board Of Direct Taxes has released a circular Circular No 9/2007 dated 20/9/2007 which contains 25 frequently asked questions on ESOP. The excerpt of the circular is given below for the benefit of readers
Frequently Asked Questions
A number of issues have been raised by trade and industry at [...]
