The issue whether the composite contract of supply of the plant, equipment and commissioning the same in India is merely sale or services rendered in India , came for consideration before Authority on Advance Ruling in case of Roxar Maximum Reservoir Performance WLL, [2012] 21 taxmann.com 128(AAR – New Delhi) The simple fact was that...
DTAA between India and Kuwait
May 26, 2012 by Leave a Comment
Kuwait Agreement for avoidance of double taxation and prevention of fiscal evasion with Kuwait Whereas the annexed Agreement between the Government of the Republic of India and the Government of the State of Kuwait for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income signed in India [...]
Tax Quiz 1 -10 Questions Quizzes on Direct Tax for CA Students
February 8, 2012 by
A quiz for all CA students are new step taken by this blog in its endevour to spread the knowledge on direct taxation. IPCC aspirants require basic knowledge on taxation whereas for CA Final examinees , a very through knowledge on Direct Tax is a must. The first set of ten multiple choice questions on...
9 Things Every Non Resident Must Know About PAN Application ?
December 1, 2010 by
Every non-resident individual or organisation should obtain a Permanent Account Number (PAN) number if they receive an income and need to file returns in India.Reaseds were already told why Non-Resident required to obtain PAN ?. Even otherwise , Not Having PAN Can Be Real Pain For Non Resident & Persons Having Income below taxable Limit!...
Five simple rules of taxation of income from house property under DTC 2010.
September 6, 2010 by
The Direct Tax Code has really simplified the taxation of income from house property. Following are the most important provisions for taxation of income from house property:
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Quiz for CA/ICMA/CS Students