f you do not pay the amount within the period specified above, you shall be liable to

pay simple interest at one per cent for every month or part of a month from the date
commencing after the end of the period aforesaid in accordance with section 220(2)
of the Income-tax Act, 1961 read with section 178 of the Finance ...May 27, 2016
Equalisation Levy - Income Tax Department
https://www.incometaxindia.gov.in/Communications/Notification/Notification382016.pdf
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[PDF]Equalisation Levy - Income Tax Department

https://www.incometaxindia.gov.in/Communications/.../Notification382016.pdf
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May 27, 2016 - If you do not pay the amount within the period specified above, you
shall be liable to pay simple interest at one per cent for every month or part of a
month from the date commencing after the end of the period aforesaid in accordance
with section 220(2) of the Income-tax Act, 1961 read with section 178 of the Finance
...
[PDF]CBDT notifies Equalisation Levy Rules, 2016 - PwC India
https://www.pwc.in/...tax/2016/pwc_news_alert_1_june_2016_cbdt_notifies_equalisat...
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The CBDT recently issued a notification dated 27 May 2016, stating that the
provisions of Chapter VIII relating to the equalisation levy would come into effect
from 1 June 2016. In other words, any payments being made for the specified
services provided on or after 1 June 2016 shall attract theequalisation levy.
[PDF]Equalisation Levy - EY
www.ey.com/...Equalisation_Levy_Alert.../Template_Equalisation_Levy_Alert.pdf
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Equalisation Levy. Fresh self-contained code on taxation of. Digital Ecommerce
transactions ... Thelevy would be under a separate self- contained code and is not
part of the income-tax law. Services Covered: The Equalisation Levy would be
applicable at. 6% on gross ... As the other services and therules relating to ...
Equalisation Levy @ 6% on Digital Ads from 1st June 2016
https://www.charteredclub.com/equalisation-levy/
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Equalisation Levy @6% would be required to be paid by the Advertiser on the
payments made by them to Google. ... business models have created
new tax challenges. The digital business fundamentally challenges the current
manner of levy of taxes which are based on the presence-based permanent
establishment rules.
[PDF]Equalisation Levy - Khandhar Mehta and Shah
www.kmsindia.in/wp.../2016/06/KMS_Income-Tax-Updates_Equalisation-Levy.pdf
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Jun 1, 2016 - provisions of Chapter VIII relating to the equalisation levy would come
into effect from 1st June 2016. Further, CBDT has also notified the Equalisation
Levy Rules, 2016, which lay down the procedural framework for implementation,
including prescribing forms for filing of annual return and appeals.
 Equalisation Levy Rules 2016 - TaxIndiaUpdates In
taxindiaupdates.in › Income Tax
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May 31, 2016 - S.O. 1905(E) – In exercise of the powers conferred by sub-section
(1) and sub-section (2) of section 179 of the Finance Act, 2016 (28 of 2016), the
Central Government hereby makes the following rules for carrying out the provisions
of Chapter VIII of the said Act relating to Equalisation levy, namely:- 1.
[PDF]CHAPTER VIII EQUALISATION LEVY Extent, commencement and ...
www.investsaver.com/wp.../2016/03/CHAPTER-VIII-EQUALISATION-LEVY.pdf
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28 of 2016). CHAPTER VIII. EQUALISATION LEVY. Extent, commencement and
application. 163 . (1) This Chapter extends to the whole of India except the ... (h)
"prescribed" means prescribed by rulesmade under this Chapter; ... Act, or
the rules made thereunder, shall have the meanings respectively assigned to them.
Equalisation Levy in Simple Words - Rashmin Sanghvi & Associates
www.rashminsanghvi.com › Articles
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(Refer Equalisation Levy Rules, 2016 dated 27.05.16.) If the Indian resident
assessee does not pay tax to the Government of India, he will be liable to tax,
interest and penalty under Chapter VIII of the Finance Act. He will also be liable to
disallowance of expenditure from his busine