Join our webinar on Faceless Tax Assessments under the Income Tax Act, 1961. Learn concepts, challenges, and solutions from expert CA Hari Agarwal, FCA.
Incorporation of 2D (GS 1 Data Matrix) barcodes on medicines at strip/vials/bottle level encoding unique product identification code (GTIN), Batch Number, Expiry Date and Serial Number of the Primary pack. Mono cartons containing stripes/vials/bottle shall be treated as part of primary level packaging.
A construction in inhabitable position cannot be equated with a residential house. If a person cannot live in a premises, then such premises cannot be considered as a residential house. In our opinion, investment in the construction would be complete as a house only when such house becomes habitable.
We recently had meeting with Member, CBEC during Interaction with various Trade Associations on 23.09.2013. The presentation was made by Department officials on Service Tax Voluntary Compliance Encouragement Scheme, 2013. For the benefit of all the professional colleagues, I am giving link to download Notification and forms. The copy of presentation is available on following […]
Applying the three tests laid down by various decisions of this Court, namely, whether the income accrued to the assessee is real or hypothetical; whether there is a corresponding liability of the other party to pass on the benefits of duty free import to the assessee even without any imports having been made
conditions for grant of exemption up to Rs.15,000 per employee towards medical reimbursement paid by the Assessee satisfies conditions contemplated by the proviso (v) to Sec.1 7(2) of the Act, can the AO deny the relief under the proviso (v) to Sec.17(2) of the Act?
Notification No.105/2013-Customs (N.T.) , Dated the 17th October, 2013 Rate of exchange of conversion of each of the foreign currency with effect from October 18, 2013
SEBI released the Development Research Group (DRG) Study titled, Impact of Increased Derivatives-Trading in India on the Price-Discovery Process. The study is co-authored by Prof. Banikanta Mishra, Dr. Sarat Malik, and Laltu Pore.
Merger and amalgamation (‘M&A’) deals are increasing in India. Increase in competition has made organizations merger themselves to reap the benefits of a large-sized company. To understand this article, first one need to know the terms – merger, amalgamation, transferor company and transferee company.
