This article clarifies the non-taxability of lorry hire income under GST, backed by relevant legal provisions, notifications, and case law.
A unique identification number is issued by the Central Government to a person who intends to be a Director in a new company or an existing company. That UIN is called Director Identification Number.
Discussing the 19 amendments introduced by Union Budget 2021, in the Customs Act and its implications on professionals and taxpayers.
VAT in UAE is a general consumption tax which will be levied on the majority of transactions of goods and services unless specifi...
The article highlights the rationale behind the tax policy adopted by Government of India in Budget 2017, It further provides key highlights of Budget 2017 !
RCM is applicable to legal services provided to Business Entity. In case services are provided outside India, then RCM is not applicable as the Business Entity is located outside the taxable territory.
Understand the concept of Place of Supply under GST and its crucial role in determining whether a transaction is intra-state or inter-state, impacting the applicability of CGST, SGST, or IGST. Learn about key provisions under Sections 7 to 13 of the IGST Act, 2017.
The Orissa High Court in the case of - Safari retreats (P.) Ltd. vs Chief Commissioner of CGSTallowed ITC of construction material and services used for construction of a mall in which shops were leased post construction instead of being sold.
RBI has made a comprehensive review of the framework for governance in commercial banks. Instructions regarding the chair of the board, composition of its committee, age, tenure and remuneration of directors/whole time directors have been issued.
Background Inspection, Search, Seizure and Arrest for prevention and investigation of offence was
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English