Buy Back of Shares – Key…

Buy-back of shares – Key income-tax implications By Anand R Bhat, Chartered Accountant  Introduction  Companies having surplus reserves and economic resources often resort to buy-back…

A much awaited relief to non-residents…

A much awaited relief to non-residents on non-furnishing of PAN The provisions of Section 206AA of the Income Tax Act (‘Act’) require that when a…

KARNATAKA ENTERTAINMENT TAX

KARNATAKA ENTERTAINMENT TAX As per section 2(e) of KET Act, “Entertainment” means a horse race or live telecast of a horse race to which persons…