Taxation in IndiaBy Divya Prasad India's tax collection structure is well divided and the central government, state governments and local bodies are responsible for it. The union governments collect income tax, central excise and service tax while th ..
Om Metals Infraprojects vs. CIT (ITAT Jaipur) Where the assessee entered into an agreement with the Vidharbha Irrigation department for supply, erection and installation of dam gates and the question arose whether it was “developing an infrastructura ..
 Where the assessee entered into a ‘secondment agreement’ with a US Company and obtained the services of an employee and the question arose whether the reimbursement by the assessee to the US Company of the salary paid by the US Company was chargeabl ..
Where the AO issued a notice under section 147 of the Act and also tried to serve it on the assessee within the limitation period of six years but the assessee claimed that same was served only after the expiry of the limitation period and the ques ..
CIT vs. ITI Ltd (Supreme Court) Where the assessee-employer allowed the employees the benefit of deduction under section 10 (5) of the Act without collecting evidence to show that its employees had actually utilized the amounts paid towards Leave Tra ..
Even an Indian company can claim the benefits of non-discrimination under the DTAAWhere the assessee was an Indian company and more than 51% of its equity share capital was held by a German company (Daimler Benz AG) and pursuant to an offshore merge ..
MAHESH KAPASI & CO E-Mail: maheshkapasi49@gmail.comChartered Accountants Phone: 2686 8147B-49, Gulmohar Park, ..
VIEW TAX CREDIT AGAINST YOUR PAN (PERMANENT ACCOUNT NUMBER) TIN (TAX INFORMATION NETWORK) facilitates a PAN holder to view its Annual Tax Statement (Form 26AS) online. Form 26AS contains Details of tax deducted on behalf of the taxpayer by deduct ..
FAQ ON PAN (PERMANENT ACCOUNT NUMBER) What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN. Who can apply f ..
 FAQ  ON  PAN (PERMANENT ACCOUNT NUMBER)  What is PAN? Permanent Account Number (PAN) is a ten-digit alphanumeric identifier, issued by Income Tax Department. Each assessee (e.g. individual, firm, company etc.) is issued a unique PAN. Who can apply f ..