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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Interest on Foreign Currency Loan & Corresponding Forex Loss for Strategic Share Acquisition Held Deductible as Revenue Expenditure

  The tax treatment of interest on funds borrowed to acquire shares hinges on a single, crucial distinction: the   purpose   behind the acqu...