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Govt. notifies Special Taxation for Offshore Fund Managers [READ NOTIFICATION]
Section 9A of the Income-tax Act, 1961 (the Act) provides for a regime special taxation with effect from 01.04.2016 to facilitate the location of...
CBDT issues clarification about changes made in the Tax Treatment for Recognised Provident Fund & NPS in the Budget 2016
There seems to be some amount of lack of understanding about the changes made in the Budget on 2016 the subject mentioned above. The following clarifications are given in this matter by the Central...
Purchaser of Assets of Liquidating Company is not Liable to pay Sales Tax dues; Gujarat High Court
In a recent judgment of the Gujarat High Court, it was held that the purchaser of the Assets of a Liquidating Company cannot be charged for its Sales Tax Dues prior to the purchase. The highlights of...
