The benefit of section 44AE is available to all categories of taxpayers who are engaged in the business of plying, hiring or leasing of goods carriages and who do not own more than 10 goods vehicles.
Each organization that is willing to adopt artificial intelligence will have to go through a few obstacles and difficulties which are needed to be overcome to ensure a fruitful journey to implement artificial intelligence.
Indian leaders are most effective as they are internally focused with a long-term view and put motivating and developing employees higher on the priority list than short-term shareholder interests.
Trademark is a design, symbol, phrase, logo, word, colour, or sound used to trade products or provide services while Copyright is a technique for protecting intellectual property, such as literature, paintings etc.
The Excel Utility for filing the Related Party Transactions Report in the prescribed Format in the XBRL mode has been made available in the XBRL section of the Listing Centre.
It is clear that any income from renting a property (which is a building and/or land attached to it) by the owner not utilized for its own business and profession will be considered as Income from House Property.
GST on payment made through toll charges or annuity payment by NHAI to the concessioner are exempt from GST and the Input Tax paid by the private operators will be available to them as Input Tax Credit.
Government should expand the definition of MSME to include traders, accept self-declaration and make registration mandatory over a 24-36 month period to make transitions smooth and seamless.
The objective of Section 37 is to claim business expenditure incurred by the assessee which is not covered under sections 30 to 36 as deductions. Thus, this section is as a general section for claiming deductions.
We are just wasting our time and energy on forming opinions and fighting uselessly on issues that just don't matter to us. It clearly impacts our mental peace too.
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