Vasan Study Circle

Vasan Study Circle VASAN STUDY CIRCLE.....Young Minds at Your Service

A unique concept of guiding students through exam oriented test series to facilitate structured completion of syllabus with guidance and confidence boosting so as to directly face the professional exams.

19/03/2013

Finance Bill- Non Resident
Tax@5% on income distributed shall be payable in respect of income distributed by an infrastructure debt fund, whether set up as a mutual fund or a NBFC, to a non-resident investor.

Royalty and Fees for Technical Services received by a non-resident under an agreement entered after 31.3.1976 which is taxable under section 115A to be taxed at a higher rate of 25%.

19/03/2013

Finance Bill- TDS related highligts:

Tax to be deducted at a concessional rate of 5% on interest payable to a non-resident in case of certain rupee-denominated long-term infrastructure bonds issued by an Indian company in India.

Sale consideration of immovable property other than agricultural land, to be subject to TDS@1%, if the sale consideration exceeds Rs.50 lakhs.

19/03/2013

Auditing and Assurance Standards Board of the ICAI has come out with the Revised 2013 Edition of the Guidance Note on Audit of Banks. The Revised edition incorporates the impact of the various circulars of the Reserve Bank of India as well as certain
important pronouncements of the Institute which would be relevant to bank audits for the financial year ending March 31, 2013.

19/03/2013

Indroduction of Commodities Transaction Tax (CTT) in Finance Bill 2013 @ 0.01% on sale of commodities derivatives payable by the seller.

19/03/2013

Section 115-O of Income Tax Act amaended w.e.f. 1st June 2013 to avoid cascading effect on dividend recieved by holding company from its foreign subsidiary.

24/10/2012

A unique concept of guiding students through exam oriented test series to facilitate structured completion of syllabus with guidance and confidence boosting so as to directly face the professional exams.

Address

Navi Mumbai

Website

Alerts

Be the first to know and let us send you an email when Vasan Study Circle posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The University

Send a message to Vasan Study Circle:

Shortcuts

Share

Category