Income Tax Laws definition

Income Tax Laws means the Indian Income Tax Act, 1961 and rules there under, as amended from time to time.
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Income Tax Laws means the Income Tax Assessment Axx 0000 (Cth), Income Tax Assessment Axx 0000 (Cth) and any and all subordinate legislation, rulings, orders, directions, by-laws and other statutory and administrative instruments made under them, as amended or replaced from time to time.
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Income Tax Laws means the Income Tax Act, Cap.212; “progressive or periodic supply” means—
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Examples of Income Tax Laws in a sentence

  • It is also a public company for the purposes of the Cyprus Income Tax Laws.

  • Current tax provision is computed for Income calculated after considering allowances and exemptions under the provisions of the applicable Income Tax Laws.

  • The PSC reserves the right to recover Income Tax at source in accordance with Income Tax Laws in force.

  • Applicable Tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of applicable tax, if any, shall be credited to the scheme.Taxes (such as Capital Gain tax, STT, etc.) would be applicable for switch transaction (switch with/without exit load) as per the prevailing Income Tax Laws.

  • Statutory deduction on account of Income Tax/ Works Tax& other Taxes on Works Contracts shall be made from the bill of the Tenderer at the prevailing rates, as per Income Tax Laws / Commercial Tax Laws of Punjab at the time of release of payment to the Tenderer.

  • Any subsequent change in direct tax on items initially recognised in equity or other comprehensive income is also recognised in equity or other comprehensive income.Current tax provision is computed for Income calculated after considering allowances and exemptions under the provisions of the applicable Income Tax Laws.

  • The taxation is leviable as per Income Tax Laws issued by the Government of Pakistan and applicable laws of the Country.Provided that the contractor shall be entitled and may claim additional cost in case Income Tax, Sales Tax, Business Tax, Super Tax, Custom Duty, Import Duty and (or) other taxes on income as well as free charge for services is (are) imposed or increased by the Government for more than 3 % of existing leviable tax rate.

  • Deduction of advance income tax from the net payable bill amounts shall be made in accordance with the prevalent Income Tax Laws of the Government of Pakistan.

  • In respect of contracts executed in Integrated Joint Ventures under profit sharing arrangement (assessed as AOP under Income Tax Laws), the services rendered to the Joint Ventures are accounted for as income on accrual basis.

  • The taxation is leviable as per Income Tax Laws issued by the Government of Pakistan and applicable laws of the Country.


More Definitions of Income Tax Laws

Income Tax Laws means the Fringe Benefits Tax Assessment Act 1986 (Cwth), Income Tax Assessment Act 1936 (Cwth), Income Tax Assessment Act 1997 (Cwth), the Taxation Administration Act 1997 (Cwth) and all other applicable laws, statutes and regulations applying from time to time to the taxation of the Player in either Australia or New Zealand
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Income Tax Laws means the Income Tax Assessment Act 1936, the Income Tax Assessment Act 1997 and all regulations and rulings made pursuant to those acts and the GST Law.
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Related to Income Tax Laws

  • Income Tax Act means the Income Tax Act, 1962 (Act No. 58 of 1962);

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Income Tax means all U.S. federal, state, local and foreign income, franchise or similar Taxes imposed on (or measured by) net income or net profits, and any interest, penalties, additions to Tax or additional amounts in respect of the foregoing.

  • Tax Laws means the Internal Revenue Code, federal, state, county, local or foreign laws relating to Taxes and any regulations or official administrative pronouncements released thereunder.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.