Category
Key Takeaways:
- Overview of the Income Tax provisions
- Assessee’s and Revenue’s Contention
- Findings of Tribunal
- Ruling of High Court
- Pronouncement by the Supreme Court
Key Takeaways:
Key Takeaways:
Key Takeaways:
Key Takeaways:
Key Takeaways:
Key Takeaways :
• Need for Legislation
• Establishment and Functions of Authority
• Accounts and Finance Functions
• Powers of Authority and Central Government
• Overview of Regulators in Other Countries
Objectives & Agenda :
In this Webinar, we shall under the Tonnage taxation scheme under Income-tax Act, 1961. It is a presumptive taxation scheme under which certain types of shipping companies (qualifying companies) operating certain types of ships (qualifying ships) are given an option to compute income in accordance with the provisions Sec 115 VA to 115 VZC. Incomes under these provisions are computed based on the Net Tonnage of the qualifying ship on a presumptive basis. The Qualifying company may opt to be charged to tax under provisions of the Tonnage Tax Scheme or under regular provisions of the Act
Objectives & Agenda :
The principle of mutuality is based on the doctrine that no person can trade with himself or make income out of himself. In this Webinar we shall analyse the recent ‘landmark’ judgement by the Honourable Supreme Court in the case of ‘Calcutta Club Limited’ which upheld the principle of mutuality in the context of Sales Tax and Service Tax. The Apex court has upheld the applicability of the principle of mutuality in the Indirect Tax regime. We will analyse the principles held in the case and its possible impact on the GST Regime.
No 3, Apex Plaza, 6th Floor,
Nungambakam High Road,
Nungambakkam,Chennai – 600034
