Auto majors take GST load off dealers, to absorb losses

Auto majors take GST load off dealers, to absorb losses Leading brand of automobile companies including Maruti Suzuki, Bajaj Auto and Hyundai Motor India have agreed to absorb losses to GST load off dealers on inventories at their stockyards as the country transitions to goods and services tax.

Types of Cash transaction required to be reported in Form 61A

Types of Cash transaction required to be reported in Form 61A Specified financial transaction General query for Cash transaction which is required to be reported in Form 61A Under Rule 114E of the Income Tax Rules, the statement of financial transaction in Form 61A is required to be furnished in compliance with section 285BA of […]