SS LAW CODES

Debentures, Debenture Stock, and Deposit Certificates—Bonus Shares to Preference Shareholders Under Dividend In the realm of income tax law in India, understanding the nuances of debentures, debenture stock, and deposit certificates is crucial for both individual taxpayers and corporate entities. Furthermore, the allocation of bonus shares to preference shareholders under dividend is an equally significant […]

When Bonus Shares are Paid Out Under Dividend: Understanding the Income Tax Implications In the context of a company's financial operations, bonus shares are additional shares given to existing shareholders without any additional cost. When a company declares a bonus issue, it effectively capitalizes its reserves and surplus to issue these shares. Under Indian company

Distribution of Accumulated Profits Under Dividend: An Indian Income Tax Perspective The distribution of accumulated profits as dividends is a crucial aspect of corporate finance and taxation in India. Understanding the tax implications for both the company distributing the dividend and the shareholder receiving it is essential for compliance and efficient financial planning. This article

Distribution Under Dividend: A Comprehensive Guide to Indian Income Tax Implications Understanding the tax implications of dividend distribution is crucial for both companies distributing dividends and the recipients receiving them. This article provides a comprehensive overview of the legal framework governing dividend distribution under Indian income tax law. What is a Dividend? Under the Income

Dividend Under Dividend: A Comprehensive Guide to Indian Income Tax Implications Understanding the tax implications of receiving dividends, especially "dividend under dividend," can be complex. This article aims to provide a clear and comprehensive guide to navigating this area of Indian income tax law. We will explore the definition, taxability, and relevant sections of the

Changes in the Law Under Dividend Income Tax in India The taxation of dividend income in India has undergone several significant changes over the years, impacting both the recipients and the companies distributing dividends. Understanding these changes is crucial for accurate tax compliance and effective financial planning. This article provides a comprehensive overview of the

Dividend Income Tax in India: A Comprehensive Guide Dividends, representing a share of a company's profits distributed to its shareholders, are a common source of income for many Indians. However, understanding the tax implications of dividend income under the Indian Income Tax Act, 1961, can be complex. This article aims to provide a clear and

Director, Manager, and Managing Agent: Understanding Income Tax Implications in India The Indian Income Tax Act, 1961, treats various individuals associated with a company differently concerning their tax liabilities. This article clarifies the tax implications for Directors, Managers, Managing Agents, and Director Generals under the Income Tax Act, emphasizing the distinctions between their roles and

Look-at-Test under Indian Income Tax: A Comprehensive Guide The "look-at-test" is a crucial aspect of determining the taxability of income under the Income Tax Act, 1961 in India. It's not a codified legal term but a practical approach used by tax authorities and courts to ascertain the true nature of a transaction and identify whether

Retrospective Effect of Provision for Appeal, Revision, or Rectification under Income Tax Act, 1961 The Income Tax Act, 1961, provides a comprehensive framework for assessing, collecting, and appealing tax liabilities. A crucial aspect of this framework involves the provisions for appeal, revision, and rectification, and the potential for these provisions to have retrospective effect. This