LEVY OF ADDITIONAL TAX (SURCHARGE) ON LUMP SUMCONTRACTS� NOT A LAWFUL LEVY Following an order passed by the Haryana Tax Tribunal in the case of M/s Mahashiv Promoters (P) Ltd., Rohtak Vs. State of Haryana, reported at (2014) ..
Have you ever noticed that when you go to a restaurant and place order; you calculate the expected bill amount in your mind: But when the bills comes it is more than you expectation. I am sure it happens with all of us. Have you ever considered why? ..
NOTE ON JUDGEMENT OF LARSEN & TOURBO LTD. VS. STATE OF KARNATAKA IN RELATION TO THE LAW LAID DOWN IN THE K. RAHEJA�S CASE ON THE ISSUE OF FLATS BY THE HON�BLE SUPREME COURT OF INDIA. As per the judgment delivered by the Hon�bl ..
Dear Professional Colleague, SC explains distinction between “Contract for sale of goods” and “Works contract” We are sharing with you an important judgement of the Hon’ble Supreme Court of India, in the case of Kon ..
Mr. Rajeev Kumar, a Chartered Accountant, working with a leading Automobile company was worried about his insurance policy. He had bought an insurance-cum-investment plan from a company (say K) 3 years back with an annual premium of R ..
YES people now a days are net savvy , though unknowingly they may be trapped under Information Technology Act ,2000 . Following are the top ten 'Cyber Crimes' while filing Indian Income Tax return Online :- 1. Sending request t ..
In prelude to General Elections, several radical ideas are being circulated. Baba Ramdev is believed to have propounded this idea, supported by Gadkari and finally, endorsed by Modi, though they have not committed to it as yet. Let us examine the me ..
Suddenly, it has become fashionable in India to talk about black money and behave as if it is the root cause of all problems and we all will become prosperous no sooner black money is put to tax net within the control of our dear government which ha ..
Last time when you had visited an air-conditioned restaurant did you notice 4.94% service tax on your food bill apart from the local VAT charges? Well with effect from 1st April 2013 Service Tax is applicable on sale or supply of food stuff in air- ..
Trust me Sir, real estate will always give you best returns. The prices cannot go down and you will be double your money in 3 years. I think you should book this flat. said Kunjan Srivastav, a seasoned real estate broker to his potenti ..