Vehicle registration services rendered by motor car dealer to its buyers aren’t ‘Business Support Services’

Rendering of assistance by a motor car dealer to its buyers in getting motor vehicle registration done cannot, prima facie, be regarded as 'Business Support Services'

In the instant case, the assessee, a motor car dealer, rendered services relating to registration of car to its buyers on payment of fixed charges. Such charges were used towards registration of car and excess collection, if any, was retained by the assessee. The Department sought to levy service tax on excess amount retained by assessee under 'Business Support Service' regarding it as 'transaction processing'

The Tribunal took, prima facie, the view in favour of assessee with the following observation:-

1) Prima facie the activity undertaken by the assessee does not come within the purview of 'Business Support Service';

2) The assessee was rendering assistance to its clients in getting the motor vehicle registration done. The said activity, by no stretch of imagination, could be considered as supporting the business of its customers. - MY CAR (PUNE) (P.) LTD. V. COMMISSIONER OF CENTRAL EXCISE & SERVICE TAX [2013] 33 

taxmann.com 321 (Mumbai -CESTAT)

This Article has been written by Vinanti Zatakiya. You can reach her at vinanti2504@gmail.com

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Agency PE exist only if agents fit into meaning of ‘dependent agent’ provided in Article 5 of India-USA DTAA

In order to treat any agent as PE within meaning of Article 5 of relevant DTAA it is very vital that such agent should fit into description of 'Dependent Agent' and has to perform either of activities as mentioned in that article

The facts of the instant case were as under:

1) Assessee was Indian branch (VIB) of an American company VIPL which in turn was a 100 per cent subsidiary of Varian USA. Varian group of companies (VGCs) had five overseas entities in USA, Australia, Italy, Switzerland and Netherlands;

2) VIPL entered into distribution and representation agreement with all five VGCs for supply and sale of analytical lab instruments manufactured by them to Indian customers directly;

3) As per agreements, VGCs sold analytical lab instruments to Indian customers directly and assessee carried out pre-sale activities like liasoning and other incidental post-sale support activities for which it was entitled to commission;

The moot issue that arose for consideration of Tribunal was as under:

Whether the assessee-company, i.e., VIPL through its Indian branch (VIB) constituted a PE for Varian USA, Varian Australia and Varian Italy?

The Tribunal held as under:

1) Under article 5(4) of Indo-US DTAA, an agent is deemed to be PE if conditions mentioned therein are fulfilled;

2) In the instant case, the first condition as to whether the assessee is habitually exercising the authority to conclude contracts on behalf of the VGCs was not fulfilled, as it could be gathered from the facts that the assessee has no authority and also cannot negotiate or conclude contracts on behalf of the VGCs. It only provides marketing support and liaisoning activity for pre-sale and incidental and ancillary post-sale activities;

3) The second condition that the agent has no such authorities but habitually maintains Stock of Goods and merchandise from which he regularly delivers goods on behalf of foreign enterprises which contributes to the sale of the goods and merchandise also does not fulfilled, as the assessee has no authority on behalf of the VGCs and does not maintain any cost of analytical instruments supplied by the VGCs to the customers in India. The assessee mainly facilitates the process of sale;

4) The third condition is whether the person habitually secures orders wholly or almost wholly for the enterprise. In assessee's case, the orders relating to indent sale are only introduced and liaised by the assessee and not secured by it. Thus, none of the three conditions as enumerated in article 5(4) stands fulfilled so as to hold that the assessee is a dependent agent of various VGCs in India;

5) Under Article 5(5) of the Indo-US DTAA, an agent is a PE when the following two conditions are satisfied simultaneously Firstly, when the activities of such an agent are devoted wholly or almost wholly on behalf of the enterprise; and Secondly, the transactions between the agent and enterprise are not made under the arm's length conditions. Both these conditions were not complied with in the instant case. Thus, under Article 5(5) also, the assessee cannot be held to be agent for constituting a PE in India for the various VGCs;

6) Even under the India-Australia DTAA and India-Italy DTAA, similar provisions are there in Article 5(4) with regard to the dependent agents. Under these DTAAs also, except for clause (d) all other clauses are by and large similar to Article 5(4) of Indo-US DTAA. The additional clause (d) provides that if a dependent agent manufactures or processes enterprise's goods or merchandise belonging to enterprise in that State, then such an agent is deemed as PE. In the instant case, admittedly, the assessee does not manufacture or process any other products developed or manufactured by VGCs. Thus, this clause of Article 5(4) in the above DTAAs is also not applicable.

7) In order to treat any agent as PE it is very vital that such agent should fit into the description of 'Dependent Agent' and has to perform either of the activities as mentioned in Articles 5 of relevant treaty, otherwise it couldn’t be held that agent constitutes a PE of the foreign enterprise - VARIAN INDIA (P.) LTD V. ADIT (INTERNATIONAL TAXATION) [2013] 33 taxmann.com 249 (Mumbai -Tribunal)

This Article has been written by Vinanti Zatakiya. You can reach her at vinanti2504@gmail.com

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Seven Ways Income Tax Department Is Getting Information About You

The Income Tax Department is watching you silently.
As far as IT Provision is concern, where some specified persons are held responsible for filing Annual Information Return (AIR ) with the Income Tax Department.These data are then taken up on a sample basis for Scrutiny Selection.


Here are the 7 reasons why information about your transaction will be stored in central database of income tax department . This is as per law and the same person with whom you have made transaction is compelled under I .T. Act to submit the information to department annually.


1) You have deposited Rs 10 lakhs in aggregate in a savings account with a bank.
2) Payments of Rs 2 lakhs in aggregate in a year made through your credit cards.
3) Bought Mutual Fund units for Rs 2 lakhs from a mutual fund company.
4) Invested Rs 5 lakhs in bonds or debentures issued by the company or institution.
5) Applied for shares in IPOs for Rs 1 lakhs or more.
6) Purchased or sold immovable property valued at 30 lakh rupees or more.
7) Applied for RBI bonds for 5 lakh rupees or more in a year .

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CA IPCC May 2013 Solutions

Please note these answers are not provided by ICAI.

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CA Final May 2013 Solutions

Please note these answers are not provided by ICAI.

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ICAI has loosened the norms for Direct Entry Scheme.

Important Announcement

BoS/ Announcement/ 227/2013                                               June 7, 2013

Sub: Treatment to be given to papers with different nomenclatures and marks spread over the entire duration of graduation/ post graduation course for the purpose of admission to the CA Course under Direct Entry Scheme.

-------------

The Council in order to mitigate the hardship being faced by certain category of students in registration to Intermediate (IPC) Course under Direct Entry Scheme, decided to pass the following Resolution under Regulation 205 of the Chartered Accountants Regulations, 1988.

“Resolved that –

By virtue of powers vested under Regulation 205 of the Chartered Accountants

Regulations, 1988, the Council of the Institute of Chartered Accountants of India hereby orders that the set of candidates who are fulfilling the following eligibility requirements but were facing hardship in seeking admission to the Intermediate (IPC) Course under Direct Entry Scheme under Regulation 25D (1A)(i) of the above-stated Regulations be  now enabled to seek admission/registration as under:-

Graduate or post graduate in commerce having secured in aggregate a minimum of fifty-five per cent of the total marks or its equivalent grade in the examination conducted by any recognized University (including Open University) by studying any three papers carrying a minimum of 50 marks in a semester/ year and cumulatively 100 marks or more marks over the entire duration of the concerned course out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management (including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax Laws), Costing, Business Administration or Management Accounting or similar to the title of these papers with different nomenclatures. The Board of Studies was authorized to approve the subjects, University-wise, as and when the issue of nomenclature arises.

The Council also decided that in terms of the above resolution passed, students who have commenced their practical training but their registrations to the Intermediate (IPC) Course could not be processed/regularised due to the restrictions in Clause (i) of Regulation 25D (1A) of Chartered Accountants Regulations, 1988 be processed for registration/admission to the Intermediate (IPC) Course under the Direct Entry Scheme with retrospective effect i.e.

from the date of their commencement of practical training, provided the registration and other related papers together with prescribed fee had been received in the office on or after 1stAugust, 2012 and such students are also continuing their articles.”

Director

Board of Studies

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Chennai ITAT applies SB ruling in LG’s case to decide the TP adjustment in respect of AMP expenses

TP Adjustments in respect of AMP expenses as per SB ruling in LG electronics justified; 50% of product development expenses should be allowed as deduction.

The facts of the instant case were as under:

1) Assessee, a wholly owned subsidiary of Ford Motor Company, USA (FMC), entered into international transactions with its Associate Enterprise;

2) Business activity of the assessee consisted of manufacturing and distribution of vehicles. The assessee entered into a technical collaboration agreement with FMC, by which, FMC licensed the assessee to manufacture motor vehicles using the technical knowhow supplied by it;

3) Assessee was to pay royalty in consideration of such grant of license, and for the technical information and assistance provided by FMC. Licensed products were motor vehicles, which had to carry the logo of ‘Ford’ along with the model name. The AO referred such transactions to TPO for determining the arm's length price;

4) TPO considered 1% of the total sales affected by the assessee during the relevant previous year, as the arm's length price for development of brand name and logo of FMC in India. Thus, consequently such addition was proposed. TPO had also made addition in respect of the expenditure incurred by assessee for promoting the ‘Ford’ brand in India.

Issue under consideration:

Whether there is any international transaction coming within purview of Chapter X of the Act by way of brand development done in India for FMC?

The Tribunal held as under:

1) It is true that Mr. Henry Ford had manufactured the first car and "Ford" as a brand was developed over hundred years and had a substantial value even prior to their entry in India. But this cannot be so interpreted to mean that every Indian knew "Ford" before assessee sold the cars in India;

2) Ford might have been known among middle class and upper middle class strata, but, without doubt, there would be a substantial number of persons in India, who would have become aware about the brand ‘Ford’ through the advertisements placed by the assessee and its marketing efforts in India;

3) When FMC fixed the royalty payable by the assessee on sale of cars at 5%, they would have definitely considered the advantage they would eventually derive from their brand promotion done by the assessee in India;

4) There was a remote possibility of FMC giving the knowhow to any other company or person in India and they could also market products carrying ‘Ford’ logo through any other person in India;

5) Had it done so, still it could not be said that there was no intangible benefit derived by it, by virtue of the earlier AMP expenses incurred by the assessee, which promoted the ‘Ford’ logo. Thus, there was an international transaction for creating and improving the marketing intangible comprised in the logo ‘Ford’ by the assessee for and on behalf of FMC. FMC as a non-resident and such transaction was of the nature of ‘provision of service’ as held by Special Bench in the case of L.G. Electronic's case - 
FORD INDIA (P.) LTD. V. DY. CIT [2013] 34 taxmann.com 50 (Chennai - Trib.)

This Article has been written by Vinanti Zatakiya. You can reach her at vinanti2504@gmail.com

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Amendments to Income Tax Rules 1962

Here is the list of amendments to income tax rules 1962 in a summarized way. You can find here all the amendments to income tax rules. We will update summarized the amendment in income tax act.

Income-tax (Sixth Amdt) Rules, 2012 inserted rule 10AB prescribing other method for determining arm’s length price.

Income-tax (Seventh Amdt) - Rules, 2012 provided new return forms ITR-5 and ITR-6 for A.Y. 2012-13.

Income-tax (Eight Amdt) - Rules, 2012 provided new return forms ITR-7 for A.Y. 2012-13.

Income-tax (Ninth Amdt)- Rules, 2012 substituted rule 40BA and Form 29C relating to alternate minimum tax by persons other than company.

Income-tax (Tenth Amdt) -Rules, 2012 inserted rules 10F to 10T and 44GA, introducing advance pricing agreement scheme in relation to arm’s length price.

Income-tax (Eleventh Amdt) - Rules, 2012 inserted rules 31ACB and 37Jand Forms 26A and 27BA, relating to CA’s certificate u/s 201(1) First proviso and u/s 206C (6A) first proviso.

Income-tax (Twelfth Amdt) - Rules, 2012 inserted rule 21AB (particulars to be contained in a certificate to be obtained by a non-resident) and Forms 10FA and 10FB (for obtaining certificate of residence) in relation to sections 90 and 90A.

Income-tax (Thirteenth Amdt)- Rules, 2012 amended rule 17C prescribing debt instruments issued by any infrastructure finance company as eligible mode of investment by charitable or religious institutions.

Income-tax (Fourteenth Amdt) - Rules, 2012 inserted rule 112F specifying cases in which notice for assessment/reassessment shall not

 27C, 27D and 27Q are issued for proceeding six assessment years, as a result of a search u/s 132 or a requisition u/s 132A.

Income-tax (Fifteenth Amdt) - Rules, 2012 amended rules 11U and 11UA, relating to valuation of unquoted equity shares.

Income-tax (First Amdt) - Rules, 2013 inserted rule 17CA and form 10BC relating to electoral trusts.

Income-tax (Second Amdt)- Rules, 2013 amended rules 31A, 31AA, 31ACD and 37J and forms 15G, 15H, 16, 16A, 24Q, 26B, 26Q, relating to TDS/TCS.

This Article has been written by CMA Samir Biswal. He Can be reached at biswalsamir@rocketmail.com

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GDP GROWTH IN INDIA

Economic growth may improve to 6.1 per cent in the next financial year, from the decade low  of 5 per cent in 2012-13, on the back of reform measures announced after mid-September 2012, India Ratings said today.

The rating agency also expects aggregate State governments’ fiscal deficit to go up to 2.4 per cent against the budget estimate of 2.1 per cent.

“India Ratings has a stable outlook on State government guaranteed debt programme as it expects credit quality of State governments to remain stable. This is despite the growth slowdown continuing in financial year 2012-2013, touching a decade low of 5 per cent. The agency estimates growth to revive to 6.1 per cent in the FY14,” it said. India Ratings expects slippage in aggregate fiscal deficit of states to be 0.3 per cent of the gross domestic product, from the budgeted fiscal deficit of 2.1 per cent in 2012-13. Unlike, the earlier episode of fiscal slippage in 2008-09, the slippage in the current year is expected to be low due to absence of adverse shock of salary revision.

Economic reforms to have Effect:

The agency noted that both global and domestic headwinds pulled down India’s economy growth to 6.2 per cent in 2011-12. However, economic reform measures announced by the government since mid-September 2012 have changed the sentiments.

“The impact of these reform measures on macro parameters will be felt in 2013-14. In 2012-13, these measures will have some impact on controlling fiscal slippage,” it said in a report.

Industrial growth performance in the next fiscal is expected to improve to 4.4 per cent from 3.1 per cent in the current fiscal.

The Central government tax collection in the next financial year would rise due to higher projected growth in 2013-14 leading to increased growth in current transfer to states, it said.

Barring a few states, it does not see significant slippage from state’s budgeted deficits, even though the growth in 2012-13 is the lowest since 2002-03. Aggregate debt of states in the next fiscal is likely to decline to 21.7 per cent due to improved economic condition. However, the fiscal slippage would not be significant enough to lead to debt insolvency issue, it said.

Regarding the money market liquidity conditions, it said, the liquidity of state governments has remained comfortable. But tighter money market conditions have led to the spread on state

government market borrowing increasing to 0.53 per cent (up to January 21, 2013) from 0.27 percent in 2011-12.

This Article has been written by CMA Samir Biswal. He Can be reached at cmasamirbiswal@gmail.com

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Income Tax Calendar for 2013-14, Income Tax Due Dates, Deadlines

Income Tax Calendar 2013-14, Income Tax Due Dates, Deadlines: All the income tax due dates, last dates, and deadlines for the period from 1-4-2013 to 31-3-2014 (A.Y.2013-14). The due dates includes all TDS Returns, TDS Statements, Income Tax Returns, Income Tax Payments & TDS certificates along with form name and period. The assessed can find their obligation toward income tax department through this income tax calendar for the year 2013-14 easily.

Due Date	Obligations	Form Name	For the Period
Due Date	Obligations	Form Name	For the Period
15th May, 2013 (Wednesday)	TDS on salaries/perquisites in Form 24Q, TDS on other payments in Form 26Q, TDS on interest, dividends, etc. paid to non-residents in Form 27Q, TCS in Form 27EQ,	24Q, 26Q, 27Q, 27EQ	For the quarter ending 31.3.2013.
30th May, 2013 (Thursday)	TDS certificates in respect of TDS on Payment (except salaries)	Form 16A	Deduction during QTR ending 31st March, 2013
31st May, (Friday)	TDS Certificates in respect of TDS on salaries	Form 16	Deduction During the year 2012-13
31st May, (Friday)	Application for allotment of PAN in Form 49A.	Form 49A	N/A
15th June, 2013 (Saturday)	Payment of advance tax up to 15% (for companies only).	Form No./Challan No.280	1st Installment for the year 2013-14
30th July, 2013 (Tuesday)	TDS Certificate for the payment except salaries	Form 16A	For the Quarter Ending 30-6-2013/ From 1-4-2013 to 30-6-2013/1st Qtr of 2013-14
31st July, 2013 (Wednesday)	Income Tax Return for A.Y. 2013-14 for - Salaried Employees - Non-Company Assesses	ITR-1, ITR-2, ITR-3, 4 or 5	For F.Y. 2012-13 or A.Y. 2013-14
31st August, 2013 (Saturday)	Annual Information Return	Form 61A	for the year 2012-13
15th September, 2013 (Sunday)	Payment of Advance Tax - 1st Installment up to 30% by non-company - 2nd Installment for company assesses	Form No.280 through online mode (if mandatory) or offline mode	for A.Y. 2013-14
30th September, 2013 (Monday)	Assesses required to get their accounts audited u/s 44AB, to obtain Tax-Audit Report.	Tax Audit Report	For the Period from 1-4-2012 to 31-3-2013
30th September, 2013 (Monday)	Income Tax Return for A.Y. 2013-14 by non-company assesses having business income and required to get their accounts audited, and working partners of such firms whose accounts are required to be audited.	Form No. ITR -3, 4 or 5	For the Period from 1-4-2012 to 31-3-2013 or A.Y. 2013-14
30th September, 2013 (Monday)	Income Tax Return for A.Y. 2013-14 by assesses including companies claiming exemption u/s 11.	ITR -7	For the Period from 1-4-2012 to 31-3-2013 or A.Y. 2013-14
30th September, 2013 (Monday)	Income Tax Return for A.Y. 2013-14 by Companies (except those required to furnish audit report u/s 92E).	ITR-6	For the Period from 1-4-2012 to 31-3-2013 or A.Y. 2013-14
15th October, 2013 (Tuesday)	Quarterly TDS Statements/Returns - TDS on Salaries - TDS on Other Payment - TDS on Interest, Dividends - TCS Statement	24Q, 26Q, 27Q, 27EQ	For the period 1-7-2013 to 30-9-2013 (2nd Qtr of 2013-14)/Qtr ending 30-9-2013
30th October, 2013 (Wednesday)	TDS certificates in respect of TDS on payments (except salaries)	Form 16A	For the period 1-7-2013 to 30-9-2013 (2nd Qtr of 2013-14)/Qtr ending 30-9-2013)
30th November, 2013 (Saturday)	Income Tax Return for A.Y. 2013-14 by Companies and other assesses required furnishing audit report u/s 92E.	Audit Report	For the Period from 1-4-2012 to 31-3-2013 or A.Y. 2013-14
15th December, 2013 (Sunday)	Advance Tax Payment - 2nd installment for non-company assesses - 3rd Installment for Company	Challan No.280 through online or offline mode	A.Y. 2013-14
15th January, 2014 (Wednesday)	Quarterly TDS Statements/Returns - TDS on Salaries - TDS on Other Payment - TDS on Interest, Dividends - TCS Statement	Form 16A	For the period 1-10-2013 to 31-12-2013 (3rd Qtr of 2013-14)/Qtr ending 30-6-2013
30th January, 2014 (Thursday)	TDS Certificates in Form 16A in respect of TDS on payments (except salaries)	Form 16A	for 3rd Qtr 2013-14
15th March, 2014 (Saturday)	Payment of final installment of advance tax upto 100%	Challan No.280	A.Y.2013-14

This Article has been Posted by CMA Samir Biswal. He can be reached at cmasamirbiswal@gmail.com

                                                                                                                                                 

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TDS ON IMMOVABLE PROPERTY :NEW RULES US 194-IA

The Finance Act 2013 had provided that purchaser of an immovable property (other than agricultural land) worth over Rs 50 lakh is required to pay withholding tax at the rate of 1% from the consideration payable to a resident transferor.  The rate at which tax is to be cut is 1%, but it would go up to as high as 20% if the seller does not disclose his permanent account Number.  

TDS on transfer of immovable property for more than 50 lakh is applicable from 01.06.2013 under new section 194IA. New rules regarding tds deduction/deposit on transfer of immovable property has been notified by the CBDT ,vide notification number 39/2012 dated 31/05/2013. 

TDS deducted under section 194IA shall be paid to the credit of the Central government with in the period of Seven days from the end of the month in which deduction is made vide notification no. 39/2012 dated 31/05/2013.

The Summary of new rule is given below:

1. Any sum deducted under section 194-IA shall be paid to the credit of the Central Government within a period of seven days from the end of the month in which the deduction is made.

2. TDS payment U/s. 194-IA  shall be accompanied by a challan-cum-statement in Form No.26QB.

3. Where tax deducted is to be deposited accompanied by a challan-cum-statement in Form No.26QB, the amount of tax so deducted shall be deposited to the credit of the Central Government by remitting it electronically within the time specified in sub-rule (2A) into the RBI or SBI or any authorised bank.

4. Every person responsible for deduction of tax under section 194-IA shall furnish the certificate of deduction of tax at source in Form No.16B to the payee within fifteen days from the due date for furnishing the challan-cum-statement in Form No.26QB.

5. Form 16B is to be generated online.

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Service Tax not applicable on Electricity charge recovered from tenant

Electricity charge recovered from tenant not includible in renting of immovable property:

An important judgement of the Ld. Commissioner of Central Excise (Appeals), Chennai in the case of In Ticel Bio Park Ltd. (2013) 33 taxmann.com 102 (CCE‐Chennai) on following issue:

Issue:

Whether electricity charges towards electricity consumed by tenant, recovered on actual basis by landlord are includible in value of renting of immovable property services?

Facts & Background:

M/s Ticel Bio Park Ltd. (“the Appellant”) was rendering “Renting of Immovable Property Services” (“the renting services”). However, the Appellant didn't include the electricity and air conditioning charges in the taxable value while paying service tax on the charges collected towards 'Renting of Immovable Property Services'. The Department contended that the electricity charges were liable to service tax by inclusion in the value of the renting services.

The Appellant contended that no service tax is payable on the electricity charges which was the actual amount paid to the Electricity Board as the same is deductible in terms of Rule 5(2) of the Service Tax (Determination of Value) Rules, 2006 (“the Valuation Rules”) under “Pure agent”.

Further, the Appellant also argued that no service tax is payable on supply of electricity which is ‘goods’ and not‘service’.

Decision:

It was held by the Ld. Commissioner of Central Excise (Appeals) (“the Commissioner Appeals”) that no Service tax is demandable on electricity charges recovered on actual basis, which was paid to the Electricity Board.
The Commissioner Appeals observed that the Appellant had provided individual electricity meters for each module in the tenancy area for every tenant and maintained complete record of the electricity consumption for every month. The Appellant collected charges for electricity consumed by tenants and remitted to the Electricity Department. The Appellant did not collect any excess money over the electricity charges. Therefore, the activity of the Appellant was covered by the definition of Pure Agent as per Rule 5(2) of the Valuation

Rules and such reimbursable expense need not be included in the taxable value of the Renting services.

It is pertinent to note that the exclusion from the taxable value is given in sub‐rule (2) of Rule 5 of the Valuation Rules, as to the expenditure or costs incurred by the service provider as a pure agent of the recipient of service, on fulfilment of certain conditions enumerated there in. It is construed that the expenditure incurred for procuring the goods and services for the service recipient by the service provider and which was recovered on actual basis will not be included in the taxable value.

Further, it was held that the activity of providing electricity consumed by tenants and remitted to the Electricity Board tantamount to sale of goods and no service is rendered by the Appellant.
Hence,the case was decided in favour of the Appellant.

Relevant legal provisions post Negative List Regime w.e.f 1‐7‐2012:

Service tax is not applicable w.e.f.July 1, 2012 under Section 66D(k) of the Finance Act, 1994 (“the Finance Act”) on transmission or distribution of electricity by an electricity transmission or distribution utility. An ‘electricity transmission or distribution utility’ has been defined in Section 65B(23) of the Finance Act. It includes the following –
• the Central Electricity Authority

• a State Electricity Board 

• the Central Transmission Utility (CTU) 

• a State Transmission Utility (STU) notified under the Electricity Act, 2003 (36 of 2003) 

• a distribution ortransmission licensee licensed underthe said Act

• any other entity entrusted with such function by the Central or State Government.

This Article has been written by Vinanti Zatakiya. You can reach her at vinanti2504@gmail.com

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Income Tax Rates For A.Y 2014-15

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