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Partners aren’t liable to pay tax on income which is exempt in hands of firm; CBDT clarifies
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Corporate Tax
Partners aren’t liable to pay tax on income which is exempt in hands of firm; CBDT clarifies
Posted on
on
April 21, 2014
Tenet Tax Daily April 11 2014
By
tenettax-team
Corporate Tax
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Payment for transponder service is ‘royalty’; ITAT refers Explanation 6 to sec. 9(1)(vi) to interpret ‘process’
SECTION 90 OF THE INCOME-TAX ACT, 1961 – DOUBLE TAXATION AGREEMENT – AGREEMENT FOR AVOIDANCE OF DOUBLE TAXATION AND PREVENTION OF FISCAL EVASION WITH FOREIGN COUNTRIES – SRI LANKA
