Amendments announced by Hon. Finance Minister in Finance Bill.

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....mendments announced by Hon. Finance Minister in Finance Bill.<br>By: - CSSwati Rawat<br>Income Tax<br>Dated:- 12-5-2012<br><br>Amendments announced by Hon. Finance Minister in Finance Bill. * Propos....

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....ed retro amendments do not override DTAAs * ST on sale of unlisted tax securities at 0.2% * Remove onus of proof from tax payer * Amending GAAR provision in Finance Bill * GAAR deferred by one....

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.... year, to be applicable from FY14 * Not to use retro amendments on cases where assessment final * Hikes threshold for tax on gold jewellery to Rs 5 lakh * Withdraws levy on all branded and non-b....

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....randed jewellery * Tax neutrality if foreign bks convert branches to subs * Clarificatory proposals will not override tax treaties * To introduce independent member to GAAR panel * Withdrawal ....

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....of TDS on sale of immovable property<br> Scholarly articles for knowledge sharing by authors, experts, professionals ....