Section 192 of Income Tax Act – TDS on Salary Section Applicability of TDS under Section 192 Any person responsible for paying any income chargeable under the head “Salaries” (hereinafter referred to as, “the Employer”) shall at the time of payment, deduct tax at source on the amount payable at the average rate of income-tax computed … Read more
Introduction – TDS on Advertisement Agencies – Section 194C Section 194C provides for TDS to be deducted on payment made to advertising agencies. TDS on advertisement agencies is required to be deducted under Section 194C of Income Tax Act, 1961 (hereinafter referred to as the “Act”) Below mentioned are a few key points of this concept. What are ‘advertising agencies’ … Read more
Introduction – TDS on AMC Charges (Annual Maintenance Charges) Section 194C mandates deduction of TDS on payments made for Annual Maintenance Charges or AMC Charges. Under Section 194C of the Income Tax Act, 1961 (hereinafter referred to as the “Act”), you must deduct TDS on AMC charges. When a person makes a payment to the … Read more
Interpretation of Tax Treaties MCQ International Taxation are covered in this Article. Interpretation of Tax Treaties MCQ Test contains 42 questions. Answers to MCQ on Interpretation of Tax Treaties are available after clicking on the answer. 1. Choose multilateral international agreement from the following :- a) Vienna Convention on law of treaties b) Double Taxation … Read more
Black Money and Imposition of Tax Act 2015 MCQs – International Taxation are covered in this Article. Black Money and Imposition of Tax Act 2015 MCQ Test contains 106 questions. Answers to MCQ on Black Money and Imposition of Tax Act 2015 are available after clicking on the answer. 1. What are the key features … Read more
Non Resident Taxation MCQ International Taxation are covered in this Article. Non Resident Taxation MCQ Test contains 107 questions. Answers to MCQ on Non Resident Taxation are available after clicking on the answer. MCQ on Non Resident Taxation – International Taxation 1. Which of the following is the basis of taxing Cross – Border transactions: … Read more
Advanced Diploma in International Taxation (ADIT) Syllabus Understanding the Advanced Diploma in International Taxation (ADIT) Syllabus is the first step in getting your ADIT certification.” ADIT is an internationally recognised professional qualification awarded by the Chartered Institute of Taxation (CIOT), UK. All professionals who want to strengthen their expertise in the field of international taxation and … Read more
What is Double Taxation Avoidance Agreement (DTAA) ? A DTAA, also known as double taxation avoidance agreement, is an agreement entered into between two countries, to ensure that the same income does not suffer, double taxation in the countries, who entered into such an agreement. A DTAA it’s sometimes also referred to as Tax Treaty … Read more
Ecommerce Transactions MCQ International Taxation are covered in this Article. Ecommerce Transactions MCQ Test contains 61 questions. Answers to MCQ on Ecommerce Transactions International Taxation are available after clicking on the answer. 1. Which of the following could be potential issues in e-commerce transactions :- a) Determination of economic attachment of income / taxpayer b) … Read more
Double Taxation Relief MCQ – International Taxation are covered in this Article. Double Taxation Relief MCQ Test contains 43 questions. Answers to MCQ on Double Taxation Relief International Taxation are available after clicking on the answer. 1. Source rule of taxation provides that income is to be taxed :- a) In the country of residence … Read more