May 28th, 2012
The Finance Act 2012 as approved by the President on 28.05.2012 is available for download
Finance Act 2012 as assented by President on 28.05.2012 (215.1 KiB, 16,361 hits)
"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful"
- Herman Cain
May 29th, 2012 at 9:04 pm
[...] this verdict was no longer good law in view of the amendment to s. 9(1)(vi) by the Finance Act 2012 w.r.e.f. 1.4.1976 to provide that such hire charges shall be assessable as “royalty”. [...]
May 30th, 2012 at 1:06 am
This website is full of latest info. on income tax being updated painstakingly. A boon for anyone who has to deal with the tax.
May 30th, 2012 at 12:28 pm
[...] it is that the law was amended by the Finance Act 2012 to provide that software receipts and hire charges would be assessed as royalty. Lets’ take a [...]
May 30th, 2012 at 5:22 pm
[...] “royalty”, this verdict was no longer good law in view of the amendment to s. 9(1)(vi) by the Finance Act 2012 w.r.e.f. 1.4.1976 to provide that such hire charges shall be assessable as “royalty”. HELD by [...]
June 9th, 2012 at 8:14 am
[...] here, you must compliment the Government for its cunning. By a retrospective amendment in the Finance Act 2012, it nullified the verdict that a gain on sale of shares of an offshore company could not be [...]