Insolvency Professionals – A New Professional Horizon The Insolvency and Bankruptcy Code 2016 has been introduced with an objective to regularize the process of insolvency and bankruptcy of all persons including corporates, LLP’s, partnerships & individuals.
Place of supply of goods or services Continuing with the discussion, today we shall discuss the changes made in the section 10. It is newly added clause in the draft GST law for determining place of supply of services where location of service provider or the location of service receiver is outside India.
Home loan tax reliefs often missed by taxpayers The Union budget of 2017 brought mixed bundle of joy for the taxpayers. While the section 80EE was re-introduced, holding period was lowered which brought cheers for the taxpayers, on the other hand, the individuals claiming a loss on the let out property or deemed to be […]
How to calculate ‘income from house property’ for income tax purposes If you have a house/flat that is either rented out or kept vacant you need to know about income from house property for tax calculation purposes. This is also important for tax saving if you want to set off the interest you are paying […]
IMPACT OF GST ON AUTOMOBILE DEALERS GST ON AUTOMOBILE DEALERS basically comprises of Manufacturers, Automobile Dealers & Retailers. Presently, all of them are paying various indirect taxes such as: