Income tax act section 256
WebJul 15, 2010 · Section 256 (1) of the Income Tax Act, 1961 Court : SC Brief : This appeal, by special leave, at the instance of the Revenueis directed against the judgment and order … WebJan 1, 2024 · Definitions. 256.1 (1) The following definitions apply in this section. attribute trading restriction. attribute trading restriction means a restriction on the use of a tax …
Income tax act section 256
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Web2 (1) An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the year. Taxable income (2) The taxable income of a taxpayer for a taxation year is the taxpayer’s income for the year plus the additions and minus the deductions permitted by Division C. Web(2) For the purposes of this Act, (a) a reference to a taxation year ending in another year includes a reference to a taxation year ending coincidentally with that other year; and (b) a reference to a fiscal period ending in a taxation year includes a reference to a fiscal period ending coincidentally with that year.
WebMay 12, 2024 · Section 256 of the Income Tax Act: Statement of case to the High Court. (1) The assessee or the Principal Commissioner or Commissioner may, within sixty days of … http://www.lawsofsouthafrica.up.ac.za/index.php/browse/tax/income-tax-act-58-of-1962/regulations-and-notices/58-of-1962-income-tax-act-regs-gnr-172-1-mar-2024-to-date-pdf/download
WebThe LIHTC program, instituted by the 1986 Tax Reform Act and subsequently codified as section 42 of the Internal Revenue Code (IRC), is now the primary federal program to subsidize affordable housing production. The central and core feature of this program is that it provides a dollar-for-dollar federal income tax credit over a 10-year period. WebUnder subsection 256 (2), two corporations that are not associated with each other will be considered associated if they are associated with the same corporation (the third …
WebAlthough it is an application under Section 256(2)of the Income-tax Act, 1961 (in short the 'Act') seeking a direction to the Income-tax Appellate Tribunal (for short the 'Tribunal') to refer the question set out therein for the opinion of this Court but in view of the fact that there is no dispute on facts found by the Tribunal and the question …
WebNov 17, 2011 · Income Tax Act, RSC 1985, c 1 (5th Supp) Document. Versions (86) Regulations (3) Amendments (69) Cited by. This Act was amended by several enactments … chronic stomach ache in adultsWebTHE INCOME TAX ACT [PRINCIPAL LEGISLATION] ARRANGEMENT OF SECTIONS Section Title PART I PRELIMINARY PROVISIONS 1. Short title. 2. Application. 3. Interpretation. PART II IMPOSITION OF INCOME TAX 4. Charge of tax. PART III INCOME TAX BASE Division I: Calculating the Income Tax Base Subdivision A: Total Income 5. Total Income. derivation synonymWebFeb 26, 2024 · This Reference under Section 256 (1) of the Income Tax Act, 1961 by the Income Tax Appellate Tribunal (Tribunal) seeks our opinion on two substantial questions of law as framed by it. However, Mr. Rattesar, the learned counsel appearing for the applicant assessee very fairly states that he is not in a possession of evidence to show that the ... chronic stomach cramps and gasWebJan 1, 2024 · It is not disputed that sanction under Section 279 (1) of Income Tax Act is already been granted and sanctioned for the offence under Section 276 (C) (1) and other offences. Since the expression unless the sanction had been already obtained for a prosecution on the same facts as those on which, the altered or added charge is found, … derivations in alternating current class 12Web256 Meaning of “the termination date” (1) In this Part “the termination date”, in relation to any shares issued by a company, means— (a) the third anniversary of the issue date, or (b) if— derivations of mv-algebrasWebCentral Government Act. Section 256(1) in The Income- Tax Act, 1995. (1) The assessee or the Commissioner may, within sixty days of the date upon which he is served with notice … chronic stomach gurglingWebDec 17, 2024 · Section 259 (1) of Income Tax Act. When any case has been referred to the High Court under section 256, it shall be heard by a Bench of not less than two Judges of the High Court, and shall be decided in accordance with the opinion of such judges or of the majority, if any, of such judges. chronic stomach cramps and diarrhea