Whether Tribunal was correct in holding that loss on sale of actionable claim by assessee was a business loss allowable as a deduction?
Article covers Place of Supply provisions under section 7, 8 9 & 10 of IGST Act and Time of Supply provisions U/s. 12, 13 & 14 of CGST Act.
Procedure for closure of defunct company under Fast Track Exit is to be replaced by new rules which has been notified by MCA on 27/12/2016.
Articles covers, Sec. 171 of Revised Model GST on Credit of Eligible Duties and Taxes In Respect of Inputs or Input Services During Transit
Section 179 of Act pertains to a Director of a Private Limited Company and permits revenue to recover unpaid taxes from Director of such a company, subject to fulfillment of certain conditions.
The new Unified Portals has been launched by EPFO for PF members, employers and field offices, and can be accessed through epfindia.gov.in.
Consequent upon withdrawal of legal tender status of Specified Bank Notes (SBN) of Rs. 500 and Rs. 1000 denominations and based on feedback that some MSEs are facing temporary difficulties in carrying out their normal business due to cash flow mismatches, it has been decided to review the above instructions.
The Reserve Bank of India today released the statutory Report on Trend and Progress of Banking in India 2015-16 (RTP) as also the fourteenth issue of the Financial Stability Report (FSR).
As announced in the fourth bi-monthly Monetary Policy Statement 2016-17, it has been decided to introduce Interest Rate Options in India.
Whats your 2017-New-year Resolution? I asked my friend, Kushal, as I sipped a cup of tea. I had posed the question to many and got the usual, cliche and even funny answers like: Weight loss, Fitness goals, to be happier, to get a good job, to marry and what not!
