Web2 Sep 2024 · (1)For the purposes of the first and second provisos to clauses (11) and (12) of section 10 , income by way of interest accrued during the previous year which is not … Web1 [(1A) For the assessment year beginning on the 1st day of April, 2024, where the individual referred to in sub-rule (1) avails any cash allowance from his employer in lieu of any travel concession or assistance, the amount exempted under the second proviso to clause (5) of section 10 shall be the amount, not exceeding thirty-six thousand rupees per person, for …
Service tax liability unsustainable as rendering of service in India ...
Web14 Apr 2024 · Mahanagar Telephone Nigam Ltd. Vs Union of India And Ors. ( Delhi High Court) Delhi High Court held that right to use radio frequency spectrum or its subsequent transfer covered under Clause (j) of Section 66E which was effective from 14.05.2016. Accordingly, compensation received during Financial Year 2015-2016 not leviable to … WebIn exercise of the powers conferred by the first proviso to clause (11) of section 10 and the first proviso to clause (12) of section 10 read with section 295 of the Income tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income tax Rules, 1962, namely:-. 1. Short title and commencement.- english stand up comedian 5 and 8
EPFO issues Circular clarifying TDS on interest on PF ... - TaxGuru
Web11 Apr 2024 · When the nondeduction of the whole or any part of the tax, as required by or under the various instances/provisions of Chapter XVIIB would invite penalty under Clause 271C(1)(a); only a limited text, involving subsection (2) of Section 115O or covered by the second proviso to Section 194B alone would constitute an instance where penalty can ... Web(ii) interest accrued on sub- clause (i), as reduced by the withdrawal, if any, from such account; and (c) The threshold limit shall mean: (i) five lakh rupees, if the second proviso to clause (11) or clause (12) of section 10 is applicable; and (ii) two lakh and fifty thousand rupees in other cases.”. Web22 Dec 2024 · Prior to its amendment, blanket tax exemption was allowed under Clauses (11) & (12) of Section 10 of the IT Act to any payment received from the First and Second … dressings that are dairy free