https://www.taxtmi.com/acts?id=11363 The Bill revises income-tax rates and surcharge mechanics, prescribes TDS and advance tax rates, clarifies that specified non-resident incomes are deemed to accrue in India regardless of place of rendering or business connection, expands and enhances investment linked and R&D weighted deductions, permits limited commercial receipts for charitable status subject to a receipts threshold, raises audit and presumptive taxation thresholds to ease compliance, tightens anti-abuse provisions for transfers without adequate consideration, and provides conditional tax-neutral conversion rules for companies into LLPs. en-us Sat, 27 Feb 2010 11:20:12 +0530 Sat, 27 Feb 2010 15:16:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11363 The Bill revises income-tax rates and surcharge mechanics, prescribes TDS and advance tax rates, clarifies that specified non-resident incomes are deemed to accrue in India regardless of place of rendering or business connection, expands and enhances investment linked and R&D weighted deductions, permits limited commercial receipts for charitable status subject to a receipts threshold, raises audit and presumptive taxation thresholds to ease compliance, tightens anti-abuse provisions for transfers without adequate consideration, and provides conditional tax-neutral conversion rules for companies into LLPs. Act-Rules Bills Sat, 27 Feb 2010 11:20:12 +0530 https://www.taxtmi.com/acts?id=11363