Free samples and gifts offered with purchases as well as popular ‘buy-one-get-one-free’ deals may attract the proposed Goods and Services Tax (GST) levy which government plans to roll out from April 2017.
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CBDT waives interest on demand raised due to disallowance of Sec. 87A rebate on income taxable at special rate
The Central Board of Direct Taxes (CBDT) has issued a circular to waive off the demand raised upon the taxpayers due to the disallowance of ...
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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 ...