Tuesday, 13 February 2018

Nagaland Govt. notifies e- way Bill Rules for intra-state goods movement from June 1

Nagaland Govt. notifies e-way Bill Rules for intra- state movement of all taxable goods of any value w.e.f. June 1, 2018 : Nagaland Govt. Notification 

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Section 56(2)(ix): Forfeiture of Advance Money Received – A Critical Analysis

The Dual Conditions for Taxability Section 56(2)(ix) of the Income Tax Act imposes tax liability on sums received as advance or otherwise du...