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Read more about the article General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

General permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits

With effect from 8th December 2021, with an objective...

Continue ReadingGeneral permission for infusion of capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits
Read more about the article Equalisation Levy update

Equalisation Levy update

India – US have decided to agree upon a transitional approach on 2% Equalisation...

Continue ReadingEqualisation Levy update
Read more about the article Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

Extension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

If total tax payable (net of taxes etc.) is more than INR One Lakh, interest under Section 234A...

Continue ReadingExtension of timelines for Income tax returns and Audit reports for Assessment Year 2021-22 (Financial Year 2020-21)

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