GST: Classification & Rate of Tax on Fabrication of bus body on chassis to be supplied by Original Equipment Manufacturer
Very Practical Issue : Validity of addition on non-CASS issues without obtaining due permission from superior authorities
GST: Classification & Rate of Tax on Hydraulic Kits supplied to dealers/distributors or body builders
Expenses on ball pens, medical gifts given to doctors with logo of Pharma co. not to be treated as freebies
Expenses on ball pens, medical gifts given to doctors with logo of Pharma co. not to be treated as freebies
ITC not available on cranes given on hire from H.O. to branch where payments are netted off against receivables
Income tax return cannot be treated as defective for belated reciept of ITR- V for carry for of losses
Principle of valuing inventory at lower of cost or market price is applicable only if the business is continuing.