Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Addition regarding claim of capital loss - redemption of the preference shares - in order to get the return on old investment, it has redeemed the shares by subscribing fresh shares with better return and term - it is decision for the benefit of the company and simply because it is reducing taxable income does not mean that it will become bogus - allowable capital loss
Addition regarding claim of capital loss - redemption of the preference shares - in order to get the return on old investment, it has redeemed the shares by subscribing fresh shares with better return and term - it is decision for the benefit of the company and simply because it is reducing taxable income does not mean that it will become bogus - allowable capital loss
Note: It is a system-generated summary and is for quick reference only.