Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Amendment of section 115JB.

Section 55 - Acts - DIRECT TAXES - FINANCE ACT, 2016 - Section 55 - 55. In section 115JB of the Income-tax Act,- (I) after sub-section (2),- (a) in Explanation 1, with effect from the 1st day of April, 2017,- (i) after clause (fc), the following clau .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ing at the end, the words may be; or shall be substituted; (B) after clause (iif), the following clause shall be inserted, namely:- (iig) the amount of income by way of royalty in respect of patent chargeable to tax under section 115BBF; ; (b) Explan .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

-For the removal of doubts, it is hereby clarified that the provisions of this section shall not be applicable and shall be deemed never to have been applicable to an assessee, being a foreign company, if- (i) the assessee is a resident of a country .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

in India in accordance with the provisions of such agreement; or (ii) the assessee is a resident of a country with which India does not have an agreement of the nature referred to in clause (i) and the assessee is not required to seek registration un .....

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
 


|| 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.