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 Xxx 0000 (Cth), Income Tax Assessment Xxx 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 Indian Income Tax Act, 1961 and rules there under, as
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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.

  • 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.

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

  • Pursuant to the PRC Income Tax Laws, the Group is generally subject to enterprise income tax (“EIT”) at a statutory rate of 33% and companies located within special economic zones are entitled to a 15% preferential rate.

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

  • 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.

  • 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.

  • Pursuant to the enacted changes in the Indian Income Tax Laws effective April 1, 2007, a Minimum Alternate Tax (MAT) has been extended to income in respect of which a deduction may be claimed under sections 10A and 10AA of the Income Tax Act; consequently the company has calculated its tax liability for current domestic taxes after considering MAT.

  • LoadEntry Load: N.A.Exit Load: 0.25% of NAV if redeemed on or before expiry of 3 months from the date of allotment.Applicable tax on exit load, if any, shall be paid out of the exit load proceeds and exit load net of 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.


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 Act, Cap.212; “progressive or periodic supply” means—
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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 (Canada), as amended from time to time;

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Tax means any present or future tax, levy, impost, duty, charge, assessment or fee of any nature (including interest, penalties and additions thereto) that is imposed by any government or other taxing authority in respect of any payment under this Agreement other than a stamp, registration, documentation or similar tax.

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

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