In case of a domestic company which has exercised option under sub-section (4) of section 115BA, the allowance under clause (ii) of sub-section (1) of section 32 in respect of depreciation of any block of assets entitled to more than forty per cent.
Draft GST Invoice Rules- 1. Format: Tax invoice format is prescribed which contains routine details with signature or digital signatures of supplier.
The policy makers are determined to attract foreign investment through Foreign Direct Investment (FDI) and continue to revisit sectoral caps and mode of investment in various sectors of the economy.
Wherever hedging has been mandated by the RBI, the ECB borrower will be required to cover principal as well as coupon through financial hedges.
There are two likely scenarios that have been dealt with by section 14 of Model GST Law–1. Where Taxable Service is provided before the change in effective rate of tax 2. Where Taxable Service is provided after the change in effective rate of tax
There is a likely scenario that the ITO / ITO TDS can have all the details furnished by a Taxable Person under GST Laws & can cross check the same with the information furnished by an Assessee with the returns furnished under Income Tax Laws.
#PaiseKoJagaao Nothing makes you feel more secure than having a lumpsum amount in your Savings Account, eh? Think again! If you are keeping your money in Saving Accounts, you can practically consider it dead.
Taking up the home loan is easy but finding the best deal is not. With more and more options available in front of you, confusion is normal. So, what are those aspects that you must compare among the banks while taking up the home loan?
Insolvency and Bankruptcy Code, 2016 is to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner.
Second day of meeting of GST Council remained inconclusive and state FM s to meet on November 20, 2016 to further discuss and sort out the differences-
