Law and Legal blog

India Signs Revised DTAA with Indonesia : The Government of the Republic of India signed a revised Double Taxation Avoidance Agreement (DTAA) with the Government of the Republic of Indonesia for the avoidance of double taxation and for the prevention of fiscal evasion with respect to taxes on income on 27th July, 2012 at Hyderabad House,...

CBDT Extended Due Date to 31.08.2012 for all returns which were due to be filed by 31.07.2012 : A section of Media has reported that the Central Board of Direct Taxes has extended ‘due date’ of filing of returns to 31st August, 2012 in respect of only those returns which were to be e-filed by 31st July, 2012. It is clarified that the notification issued by the Board on 31st July, 2012 has...

Govt Permits investments from Pakistan : Present Position - As per paragraph 3.1.1 of 'Circular 1 of 2012 - Consolidated FDI Policy', effective from 10-4-2012, investment from a citizen of Pakistan or an entity incorporated in Pakistan is not permitted. 2.0 Revised Position - The Government of India has reviewed the policy, as contained... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]