TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>India exempts National Iranian Oil Company from certain taxes under Section 10(48) of Income-tax Act, 1961.</h1> The Government of India, under Section 10(48) of the Income-tax Act, 1961, has issued Notification No. 22/2012, dated June 14, 2012, exempting a notified foreign oil company from certain tax obligations. The National Iranian Oil Company is recognized as the foreign company under this notification, based on a Memorandum of Understanding with the Government of India and the Central Bank of Iran dated January 18, 2012. This exemption is conditional upon the company not engaging in activities in India beyond receiving income under the agreement. The notification is effective from April 1, 2012, applicable to the assessment year 2012-13 and onwards.
TaxTMI 
TaxTMI 
