Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

Applicability of Minimum Alternate Tax (MAT) on foreign companies for the period prior to 1.04.2015

Income Tax - 18/2015 - Dated:- 23-12-2015 - Instruction No. 18/2015 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) (TPL Division) New Delhi, the 23rd December, 2015 Subject: -reg. On the issue of applica .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the field authorities that the Government has accepted the recommendation of the Committee on Direct Tax Matters that section 115JB be amended to clarify the inapplicability of MAT to Flls/FPIs having no permanent establishment/ place of business in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s also advised that the recovery of outstanding demands, If any, in such cases may not be pursued. 2. The Government had, subsequently, considered the broader issue of applicability of section 115JB of the Act to foreign companies which do not have a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tion of abiding by the decision contained in the aforesaid Press Release to the Supreme Court in the case of Castleton Investment Ltd. The Supreme Court disposed of the case based on the commitment made by the Government. 3. In view of the decision a .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

y (including an FII/FPI) if - (i) the foreign company is a resident of a country with which India has a Double Taxation Avoidance Agreement and such foreign company does not have a permanent establishment in accordance with the provisions of the rele .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version