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Goods and Services Tax (GST) – Challenges for implementation by April 2010 To start with I am highlighting a quotation of Kautilya quoted by the Hon’ble Finance Minister in his Budget 2009 speech t...
Read More..T. C. A. Ramanujam A chronic problem concerning taxation of gains in real-estate transactions relates to the understatement with regard to the valuation of properties. The Government has tried s...
Read More..SERVICE TAXS Madhavan / New Delhi October 13, 2008, 0:35 ISTA recurring challenge in indirect taxation in India today is with regard to double taxation. The challenge exists within the tri...
Read More..SERVICE TAXS Madhavan / New Delhi September 29, 2008, 0:26 IST A works contract is a contract for work which involves both a transfer of property in, and hence a sale of, goods and als...
Read More..SERVICE TAX (SYNOPSIS) As per the Eighty-Eighth Amendment of the Constitution, vide the Constitution (88th amendment) Act, 2003, a scheme of taxing the services was introduced. The...
Read More..Mumbai June 17Inclusion of a new services category--Information Technology Software Services-- within the ambit of Service Tax legislation has created confusion among the software firms in...
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