Basics of Section 195 of Income Tax Act, 1961 Sec 195 (1) -Scope -Deduction on the earlier of credit or payment of sumchargeable at the rates in force 195(2) – Application by payer to AO for determination of the portion of sum chargeable 195(3 & 4) – Application by payee to AO for no deduction […]
F Form Under RVAT & CST Act, 1956 Section 6A of the Central Sales Tax Act, 1956 provides that in case the goods are transferred by a dealer from the state of Rajasthan to his another place of business outside the state of Rajasthan or to his principal or his agent outside the state of […]
How to save Income tax for Salaried Person A Salaried person have no more option to save tax except some investment.here is the some scheme or heads in which salaried person can save tax. to Increase your tax saving
Analysis of draft rules for grant of Foreign Tax Credit Computation of Foreign Tax Credit (‘FTC’) in case of assessee’s with cross border tax payments has been a major hassle for tax professionals. Absence of well-defined set of rules, coupled with few judicial precedents had resulted in diversified practices. The proposed draft rules regarding grant […]
VAT 15 – Rule 21 of RVAT Act 2003 RULE 21 OF THE RAJASTHAN VALUE ADDED TAX RULES ,2006 DECLARATION FORMS RVAT Act other than VAT 47 and VAT 49, as these declaration forms has already been discussed in detail in another separate article. VAT 15 :- The rules provides that if a dealer sale […]