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Taxes in India are levied by the Central Government and the State Governments. Some minor taxes are also levied by the local authorities such the Municipality or the Local Council. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Centre and the State. An important restriction on this power is Article 265 of the Constitution which states that "No tax shall be levied or collected except by the authority of law." Therefore each tax levied or collected has to be backed by an accompanying law, passed either by the Parliament or the State Legislature. Central Board of Direct TaxesThe Central Board of Direct Taxes (CBDT) is a part of the Department of Revenue in the Ministry of Finance, Government of India. The CBDT provides essential inputs for policy and planning of direct taxes in India and is also responsible for administration of the direct tax laws through Income Tax Department. The CBDT is a statutory authority functioning under the Central Board of Revenue Act, 1963. its not true though From Wikipedia under the
GNU Free Documentation License  lib.uoguelph.ca 541px x 325px | 73.60kB [source page] what were then our North American colonies particularly New York Pennsylvania and the Jerseys and the first time that sugar was made subject to taxation at home was in the year 1685 214 Like other merchandise it was previously subject to a five per cent poundage In 1739 the importation of sugars from the West India islands was so great that there was a  bombayharbor.com 360px x 360px | 6.50kB [source page] sodium alginate textile From Yahoo Image Search: "Taxation in India"  forum4finance.com admin ue, 07 Sep 2010 13:18:45 GM The Reserve Bank of . India. has cancelled the licence of Anyonya Co-operative Bank Ltd, . India's. oldest co-operative bank. Established in Vadodara in 1889 as. ... The Supreme Court has stayed the Karnataka High Court ruling that asked technology firms to deduct t... Press Note on . Taxation. of Limited Liability Partnerships . Taxation. of Limited Liability Partnerships (press note, dated 10-7-2009) LLP is a new corporate form. ... From Google Blog Search: "Taxation in India"  news.google.com Daijiworld.com Air Marshal Barbora felt India has achieved commendable progress in aeronautics but missed out on mid-level technologies. "The progress in indigenisation of ... and more » news.google.com Business Standard India's gross domestic product (GDP) grew by a relatively modest rate of 6.7 per cent in 2008-09 due to the global slowdown after clocking 9 per cent growth ... Budget measures to ensure 9 per cent growth this fiscal: Pranab domain-B 'Budget steps to put eco back on 9% growth track' Times of India Pranab Confident About Budget 2010 Achieving Its Goals Blog of India (blog) NetIndian - Chandigarh Tribune all 202 news articles » news.google.com Daily Times Despite the high cost of production including power and gas tariffs, taxation and higher cost of inputs, the leather sector is striving for better position ... From Google News Search: "Taxation in India" Can I claim Double Taxation in India? Q. For year 2008-09 I have paid tax in India as well as in US. If I have already claimed for the amount of tax that I paid inIndia while filing tax in US , I am eligible to claim this double taxation in India tax filing ? Asked by suvarna - Thu Jun 11 06:32:43 2009 - - 2 Answers - 0 Comments A. You will claim credit in only one country. It depends upon if it is India income or the U.S. income. Read about double taxation relief under section 90: Answered by Jss - Fri Jun 12 03:25:07 2009 How to open a website like selling flowers to India? Q. I need to know the following 1. How to open the payment interface? 2. How taxation to Indian government takes place? 3. Do we have to open a formal Company? Example: Asked by rs001 - Sun Jan 11 13:23:37 2009 - - 1 Answers - 0 Comments what is the location and address of international taxation (NRI) cell of income tax in delhi (india)?
Q. what is the location and address of international taxation (NRI) cell of income tax in delhi (india)? Asked by Ankur M - Fri Sep 15 01:13:59 2006 - - 2 Answers - 0 Comments A. The adress is: Drum Shape Building I.P. Estate, New Delhi -110002 (It is behind the ITO building) Answered by sonali_n - Fri Sep 15 02:47:15 2006 From Yahoo Answer Search: "Taxation in India"
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