https://www.taxtmi.com/article/detailed?id=825 Calculation of corporate minimum tax shifts to computation on book profit; employee retirement receipts and certain savings schemes receive EEE treatment and specified exemptions; valuation rules for perquisites and non market treatment for rent free accommodation are proposed. House property rules remove presumptive gross rent, treat unlet property as nil, and allow interest deduction limits for self occupied property. Capital gains are reclassified as ordinary income with adjusted or indexed bases; passive income of resident controlled foreign companies is taxable. Non profit organisations retain registration, receive a basic exemption and carryforward rules, and a General Anti Avoidance Rule is introduced with a Dispute Resolution Panel. en-us Wed, 16 Jun 2010 00:00:00 +0530 Sun, 20 Jun 2010 22:55:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=825 Calculation of corporate minimum tax shifts to computation on book profit; employee retirement receipts and certain savings schemes receive EEE treatment and specified exemptions; valuation rules for perquisites and non market treatment for rent free accommodation are proposed. House property rules remove presumptive gross rent, treat unlet property as nil, and allow interest deduction limits for self occupied property. Capital gains are reclassified as ordinary income with adjusted or indexed bases; passive income of resident controlled foreign companies is taxable. Non profit organisations retain registration, receive a basic exemption and carryforward rules, and a General Anti Avoidance Rule is introduced with a Dispute Resolution Panel. Articles Income Tax Wed, 16 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=825