Digital Taxation : Equalisation Levy Extended to E- Commerce Activities
Sunil Arora, Co-Practice Head, Mumbai and Partner Taxation, wrote about issues surrounding new 2% digitalisation Tax levy for E- Commerce…
Sunil Arora, Co-Practice Head, Mumbai and Partner Taxation, wrote about issues surrounding new 2% digitalisation Tax levy for E- Commerce…
It started with the economic survey. It talked about futility of price controls and eugolized “assemble in India” an equal…
In a way, the budget was on expected lines i.e. laying the direction for next 5 years. The thrust of…
The Finance Act, 2012 added a new sub-section (viib) in section 56(2) of the Income-tax Act, 1961 (Act) applicable prospectively…
One thing is clear — elections are in sight! Besides projecting numbers, the Finance Minister’s opening speech flags key achievements…
Under the existing provisions of the Indian Income-tax Act (IT Act), every foreign company is required to submit an annual…