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https://taxmantra.com/taxability-nonresident-artists-performers-india/
Oct 05, 2017 · The consideration paid to the artist to acquire the copyrights of performance in India for subsequent sale in India (as records, CDs etc.) or the consideration paid to the artist for acquiring the license for broadcast or telecast in India is taxable in India as per section 9(1)(vi) of the Income Tax Act, 1961 as royalties.
https://www.taxscan.in/pay-income-tax-payments-foreign-artists/552/
May 06, 2016 · Pakistani and other foreign artists who come to India for working in Indian films and other stage shows charging fees are subjected to income tax as per Indian rules. These artists are subject to tax in India as per Double Taxation Avoidance Agreements (DTAA) with concerned countries or the domestic tax laws, whichever is beneficial to them ...Estimated Reading Time: 40 secs
https://www.fincash.com/l/tax/income-tax-brackets
Income Tax Brackets in India for FY 2021-22 Updated on March 1, 2021 , 24814 views. Paying Income Tax is a duty of every Indian citizen. Under the Income Tax Act, 1961, the percentage of income payable as tax is based on the amount of income you’ve earned during a year. The tax applies to the Range of income, which is called Income Tax Slabs. The income slabs keep changing from year to …
https://economictimes.indiatimes.com/wealth/personal-finance-news/investment-in-art-its-tax-implications/articleshow/4318885.cms
Mar 26, 2009 · However, as the Government vide its Union Budget 2007, amended the Income Tax Act, 1961 (Act) to impose capital gains tax on sale of art work by a collector in works of art. Now Rahul Kapoor is concerned regarding the tax implications arising on sale of his art investment. Let us examine these implications..
https://www.republicworld.com/india-news/law-and-order/income-tax-dept-issues-statement-on-bollywood-linked-raidsquestions-rs-300-cr-discrepancy.html
Mar 04, 2021 · "The Income Tax Department is carrying out search and survey operations which started on 03.03.2021 on two leading film production companies, a leading actress and two Talent Management companies in Mumbai. The search operation is being carried out …
https://incometaxindia.gov.in/
* Seamless e-Filing facility for uploading of Income Tax Returns anywhere and anytime around the clock • About 2,00,00,000 returns filed till 31st Aug’ 15 in current financial year * Automated ecosystem for processing of returns • Capacity – Peak 5 Lakh returns per day • Average processing time reduced from 12 to 14 months to 55 days
https://assets.kpmg/content/dam/kpmg/pdf/2015/10/india-2015.pdf
There is a Minimum Alternate Tax (MAT) regime in India. Normally, a company is liable to pay tax on the income computed in accordance with the provisions of the Income-tax Act, 1961 (the Act). However, the profit and loss account of the company is prepared as per the provisions of the Companies Act. Historically, there were a large number of
https://incometaxindia.gov.in/pages/acts/income-tax-act.aspx
The Income Tax Department NEVER asks for your PIN numbers, passwords or similar access information for credit cards, banks or other financial accounts through e-mail.. The Income Tax Department appeals to taxpayers NOT to respond to such e-mails and NOT to share information relating to their credit card, bank and other financial accounts.
https://www.anbca.com/income-tax-rate-on-private-limited-company/
Income Tax Rate Private Limited Companies FY 2020-21. In India, Private Limited Companies and LLP are most preferred business modes. In Private Limited falls under two different categories one is a domestic company like in which there is no forging investments and another is Foreign Company means a company in which foreign investments are involved.
https://thecreativeindependent.com/guides/a-smart-artists-guide-to-income-taxes/
Why tax planning matters Tax rates, brackets, and deductions 101 The tax advantages of treating your art like a small business How to qualify as a business for tax purposes Tax form 101 What you actually need to complete your taxes A few notes on income sources: W-2 vs 1099-MISC vs 1099-K How to make tax time easier Artist-specific tax ...
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