GST exemptions for government-facing incubation services depend on recipient status, while enterprise-support funds and incubator recognition affect t...
Transfer pricing comparability excludes functionally different providers and companies whose abnormal profits from extraordinary circumstances distort...
Tax-inclusive valuation of purchases and inventory remains mandatory despite separate accounting, while revision requires an erroneous and prejudicial...
Arm's length agent remuneration prevents further permanent establishment profit attribution when it covers risk-taking functions in internet advertisi...
For presumptive taxation under section 44AE, goods carriages other than tractors or road-rollers are classified as heavy goods vehicles by reference to gross vehicle weight, not unladen weight. Vehicles with gross vehicle weight exceeding 12,000 kilograms fall within the heavy goods vehicle category and are subject to computation under section 44AE(2)(i), rather than the fixed rate for other goods carriages under section 44AE(2)(ii). Unladen weight is relevant to the classification of tractors and road-rollers; a lower unladen weight in a registration certificate does not alter the classification of other goods carriages.
For presumptive taxation under section 44AE, goods carriages other than tractors or road-rollers are classified as heavy goods vehicles by reference to gross vehicle weight, not unladen weight. Vehicles with gross vehicle weight exceeding 12,000 kilograms fall within the heavy goods vehicle category and are subject to computation under section 44AE(2)(i), rather than the fixed rate for other goods carriages under section 44AE(2)(ii). Unladen weight is relevant to the classification of tractors and road-rollers; a lower unladen weight in a registration certificate does not alter the classification of other goods carriages.
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