- Friday, December 18, 2009, 16:19
- GST
- 23 views
Q.1 What does GST seeks to achieve? Ans. GST is a major indirect tax reform in India which takes VAT to its logical conclusion. GST would avoid burden of multiple taxation (tax on tax) with a cascading effect. GST seeks to rule out cascading tax effect. Once it introduced, CST will also be removed.
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- Sunday, May 10, 2009, 15:36
- Income Tax Case Laws
- 31 views
CASE LAW DETAILS Decided by:. ITAT, MUMBAI BENCH `A’, MUMBAI In The case of: ACIT v. VIP Industries Ltd. Appeal No. : ITA No. 4524/Mum/2006 Decided on: March 20, 2009 SUMMARY OF CASE LAW Where an assessee genuinely makes claim for a particular deduction by disclosing all the necessary facts relating to the same, that [...]
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