"TDS Rules changed ,Form 16A quarterly,year return by 15 May wef FY 2010-11” plus 1 more

TDS Rules changed ,Form 16A quarterly,year return by 15 May wef FY 2010-11

Posted: 02 Jun 2010 08:16 AM PDT

The Central Board of Direct Taxes (CBDT) have amended the Rules relating to TDS provisions date and mode of payment of tax deducted at source (TDS), TDS certificate and filing of 'statement of TDS' (TDS return) vide Notification No. 41/2010; SO No. 1261(E) dated 31.05.2010. The amended rules will...

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DEBT EQUITY RATIO CAP-NEW FUNDA BY INCOME TAX DEPARTMENT

Posted: 02 Jun 2010 06:19 AM PDT

Companies may soon find it unviable to take large loans for claiming tax deduction on the interest paid on debt. The government is planning to introduce 'thin capitalisation' rules to check such tax avoidance, by capping the debt proportion that will qualify for tax deduction. What is Tin...

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