A way to record overseas investment to RBI through authorized dealer Each Indian organisation who gets FDI (foreign Direct investment) needs to record such FDI inflow to order bank of India. therefore that is my try and clarify the technique concerning document of FDI to RBI.
Appearance past phase 80C: have you missed out on any of those tax breaks? Maximum folks are privy to the concept of deductions from gross total profits available to a taxpayer. you can still declare deductions from one’s gross overall income by investing in avenues distinctive via the government. those deductions are to be had […]
Complete investments, expenditures than can be claim under Section 80C However we already know the deduction available under section 80C of the Income tax Act, 1961. The maximum amount of deduction that can be claimed under section 80C is Rs 150000 for FY 2015-16. The section have many investment options to the taxpayer that not […]
Limited Scrutiny into a Complete Scrutiny case Vide Instruction No. 20/2015 dated 29.12.2015 in File of even number, Board has notify Standard Operating Procedure for handling of ‘Limited Scrutiny’ case which were selected by aid of Computer Aided Scrutiny Selection in ‘CASS Cycle 2015’. In these cases,
Taxability of various softwares in service tax Service Tax issues in IT and ITES Sector needs for preventive Indirect Tax Audits Software always the soft target of multiplicity of indirect taxes like Excise duty, VAT, Service tax and Customs. All major indirect taxes apply to this industry and this has created more confusion, more litigation […]