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listed here are 9 incomes you need not pay tax on

Agricultural profits: India is basically an agrarian economy. … on the other hand, agriculture profits is integrated, for the limited purpose of determining the tax charge, in computing the profits tax legal responsibility if the net agricultural profits exceeds Rs 5,000 for …
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London primarily based investment affiliation, ASIFMA seeks to be birthday party in Castleton

The Castleton case deals with the verdict of the Authority for developed Rulings, which said MAT can also be levied on capital beneficial properties. The ruling shaped the root of notices despatched with the aid of the profits tax department and has been … "This controversy may be very …
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Tonnage tax rules want refinement

As shopping for and selling ships is an essential component of the worldwide shipping business, the ministry has advised that income from the sale of ships should not be treated as capital good points and exempt from MAT. regardless of the introduction of tonnage tax, local …
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