Income Tax Rules definition

Income Tax Rules means the provisions of the Income Tax Act of Canada and the Regulations thereunder.
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Income Tax Rules means the provisions of the Income Tax Act of Canada and the Regulations thereunder and any rules adopted by the Canada Revenue Agency in respect of registered pension plans.
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Income Tax Rules means the provisions of the Income Tax Act (Canada) R.S.C. 1985, c.1 (5th Supp.) and the Regulations thereunder with respect to registered pension plans, as amended from time to time.
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Examples of Income Tax Rules in a sentence

  • Bidders are required to include the same in the pricing of their product.• TDS as per Income Tax Rules will be deducted and a certificate to that effect will be issued by the Buyer.

  • The investor is required to submit PAN as defined in the Income Tax Rules, 1962.

  • Exemption code for U.S. person (Refer 114F(9) of Income Tax Rules, 1962 for details.

  • Non Profit Organization under Rule 213 (i) of the Income Tax Rules, 2002.

  • Non-Profit Organization under Rule 213 (i) of the Income Tax Rules, 2002.

  • The Central Board of Direct Taxes (CBDT) has notified Rules 114F to 114H, as part of the Income Tax Rules, 1962, which require Indian financial institutions to seek additional personal, tax and beneficial owner information and certain certifications and documentation from all account holders and/or applicants.

  • Develop a system of audit for the IT framework and compliance with Rules 114F, 114G and 114H of Income Tax Rules.

  • The payment will be subject to TDS as per Income Tax Rules and other statutory deductions as per applicable laws.

  • Accordingly, Income Tax Rules, 1962 were amended to provide legal basis for the reporting financial institution for maintaining and reporting information about the reportable accounts.

  • Interest payable subsequent to the Deemed Date of Allotment of Bonds will be treated as “Interest on Securities” as per Income Tax Rules.


More Definitions of Income Tax Rules

Income Tax Rules means the provisions of the Income Tax Act of Canada and the Regulations thereunder, as amended from time to time.
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Income Tax Rules means the Income Tax Act 2010 and the Income Tax (Allowances, Deductions and Exemptions) Rules 1992 as amended, varied, supplemented or substituted from time to time and any rules or regulations made under the income tax rules and includes the income tax guidance notes;
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Income Tax Rules means the Income Tax Act (Canada), as amended from time to time, the regulations made thereunder and the information circulars, interpretation bulletins and published administrative guidelines of the Canada Revenue Agency.
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Income Tax Rules means the Income Tax (Venture Capital Company) Rules 1997;
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Income Tax Rules means the rules promulgated under the (Indian) Income Tax Act by the Central Board of Direct Taxes.
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Related to Income Tax Rules

  • Income Tax Act means the Income Tax Act, 1962 (Act No. 58 of 1962);

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Income Tax means any federal, state, local or foreign Tax (a) based upon, measured by or calculated with respect to net income, profits or receipts (including, without limitation, capital gains Taxes and minimum Taxes) or (b) based upon, measured by or calculated with respect to multiple bases (including, without limitation, corporate franchise taxes) if one or more of the bases on which such Tax may be based, measured by or calculated with respect to, is described in clause (a), in each case together with any interest, penalties, or additions to such Tax.

  • Income Tax Returns mean all Tax Returns that relate to Income Taxes.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Tax Ruling as used in this Agreement, shall mean a written ruling of a taxing authority relating to Taxes. "Closing Agreement", as used in this Agreement, shall mean a written and legally binding agreement with a taxing authority relating to Taxes.

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Tax Ordinance means the Israeli Income Tax Ordinance [New Version], 1961, as amended.

  • Federal Income Tax means any Tax imposed by Subtitle A or F of the Code.

  • Tax Regulations means the regulations passed under the Tax Act, as amended from time to time. “Transfer Agent” means TSX Trust Company, the transfer agent and registrar for the Units.

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended; and

  • Non-Income Tax means any Tax other than an Income Tax.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Partnership Tax Audit Rules means Sections 6221 through 6241 of the Code, together with any final or temporary Treasury Regulations, Revenue Rulings and case law interpreting Sections 6221 through 6241 of the Code (and any analogous provision of state or local tax Law).

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal franchise or income taxes paid or due to be paid during such period.

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

  • State Income Tax means any Tax imposed by any State of the United States (or by any political subdivision of any such State) or the District of Columbia, or any city or municipality located therein, which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Book-Tax Disparities means, with respect to any item of Contributed Property or Adjusted Property, as of the date of any determination, the difference between the Carrying Value of such Contributed Property or Adjusted Property and the adjusted basis thereof for federal income tax purposes as of such date. A Partner's share of the Partnership's Book-Tax Disparities in all of its Contributed Property and Adjusted Property will be reflected by the difference between such Partner's Capital Account balance as maintained pursuant to Exhibit B and the hypothetical balance of such Partner's Capital Account computed as if it had been maintained strictly in accordance with federal income tax accounting principles.

  • Income Taxes means any taxes measured, in whole or in part, by net or gross income or profits together with any interest, penalties or additions to tax.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Tax Relief means any loss, relief, allowance or credit in respect of any Tax other than Generation Tax;