The President, The Prime Minister, Ministers, MPs, MLAs, Peoples Representatives, Directors, Head of various Departments, Secretaries of various Ministries, and all such people who are regarded as V.I.P.s and V.V.I.P.s does not only mean that they require emptying the roads and attract respect, rather they are public interest figures upon whom the…[Read more]
Who cross-verifies the Income Return of the Tax Officers?
Has there been an assessment by Tax Officer against any nation servers?
How often do Tax Offices and The Department of Revenue Investigation review and check that the tax laws have been fully complied by the tax officers, excise officers, customs officers, nation servers?
Raising this…[Read more]
Government of Nepal, Provincial Government and Local Levels are persons recognized by V.A.T. Act, 2052 and Income Tax Act, 2058 and other legislations. Government is the withholding agent while paying remuneration to the nation servers. In this case if the Government fails to submit a return (like the TDS Return) within the stipulated time in the…[Read more]
<p style=”text-align: center;”>ॐ तत् सत्</p>
राष्ट्र निर्माण एवं समग्र रुपमा देशको भाग्य भविष्य कोरिने बजेट राखिने आयातित ब्रीफकेसको साटो नेपाली माटोमा उत्पादन हुने ढाका वा अन्य प्रकारका कपडाबाट उत्पादित स्वदेशी उत्पादन प्रयोग गरेर आत्मनिर्भर हुने त्यो यात्रामा एउटा सुनौलो सूत्रपात गर्दा कसो होला?
Mrs A lives in the house of Mrs B without any rent. Does Mrs. A have to include an amount equivalent to the market value of the rent in her assessable income and pay tax on it? She is saving such amount which would have been expensed otherwise.
In the case where A Traders, a private firm is located in the house of Mrs B and Mrs. B does not…[Read more]
Nepali culturema Jwai chela, bhanja bhanji, aafanta haru lai normally bhetda pani dakxina dine chalan xa plus dherai chadbadma dakxina dine garinxa yesma k income taxation ko kunai implication hudaina? [2020.05.11]