WebFeb 4, 2024 · A Bench of Justices M R Shah and B V Nagarathna directed the state to amend the Explanation to Section 10 (26AAA) to include a clause to extend the exemption from payment of income tax to all... WebJan 13, 2024 · Therefore, to deny the benefit of exemption under Section 10(26AAA) of the Income Tax Act to “a Sikkimese woman, who marries a non-Sikkimese after 01.04.2008” is arbitrary, discriminatory and violative of Article 14 of the Constitution of India. Therefore, also, the Proviso to Section 10(26AAA) insofar as it excludes from the exempted ...
Exemption of income of a Sikkimese Individual [Section 10(26AAA ...
WebThe Argentine tax authorities published General Resolution 5339, suspending until 31 December 2024 the validity of exemption certificates for income tax and value added tax withholdings on imported goods. Potentially affected taxpayers should assess the impact of the Resolution, as the changes could have a significant financial impact. WebApr 14, 2024 · Two more groups had been added in the expanded Sikkimese definition for income tax exemption under section 10 (26AAA) of the Income Tax Act. The amendment was passed in the Finance Bill 2024 and on March 31, was listed as a Union government gazette notification. first oriental market winter haven menu
Explained: Why a change in income tax rules has sparked fears …
WebJan 14, 2024 · It is worth noting that 94% of the residents of Sikkim are exempted from payment of Income Tax under the Income Tax Act, 1961. However, 5% of the residents of … WebApr 15, 2024 · The UAE’s new CT regime taxes businesses on their accounting net profit adjusted for specific items, with a 9% tax rate applied to taxable profits instead of gross … WebApr 14, 2024 · The two newly added groups in ‘Sikkimese’ definition for income tax exemption are those whose names does not appear in the Register of Sikkim Subjects but it is established that such individual was domiciled in Sikkim on or before April 26 1975 and their descendants. first osage baptist church