Whether the amount of Creditors balance unclaimed/untraceable and written-off/Back by way of crediting P&L Account is taxable under GST
1. Background In the course of business, it is not uncommon to find outstanding balances in the names of trade creditors that remain unclai...
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Highlights of Karnataka Budget Speech - 2013-2014 and amendments proposed in various Commercial Tax & Other Laws: Karnataka...
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Facts of the case CASE -1 CASE -2 (A) Profit as P& L A/C 500000.00 500000.00 (B) Provision for Income Tax @30% 150000.00 150...
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Central Sales Tax (CST) is a tax on Sale levied by Central Government under the provisions of Central Sales Tax Act , 1957 . As per the ...