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Demarketing strategies may aim to reduce demand temporarily or permanently. Is it correct ?
Mar. 16, 2018
What is Continuous Audit?
Jun. 24, 2015
What is a contra inventory account?
Aug. 17, 2018
What are the purposes for which capital expenditure would incur?
Sep. 18, 2015
Depreciation should be charged @ 33.33% and not 50% on vehicles given on lease
Jun. 08, 2016
Assessee leasing company claimed 50% depreciation on motor vehicles. AO held that vehicles not run for hire, and only 33.33% depreciation allowed. Commissioner (Appeals) and Tribunal upheld AO's oredr. High Court held that Entry No 111(2)(ii) of Appendix to the Income Tax Rules not satisfied by the assessee. Appeal dismissed. -MB-10960
Sodexo Meal Vouchers held not to be taxable as they are a service and not goods
Aug. 17, 2016
Appellant company was providing 'Sodexo Meal Vouchers, and resisted the imposition of Local Body Tax on the ground that it was providing services to the establishments and, therefore, such agreements were for service and not for sale of goods. High Court held against the appellant. Allowing the appeal the Supreme Court held that Sodexo Meal Vouchers are not 'goods' u/s 2(25), and are not liable for either Octroi or LBT.-500146
My Company Works in the field of Hazardous Waste Treatement -these are the Manufacturing Activities.After this treatement some of the items is sold to cement industries for used as a fuel in nominal price- so is this exciseable?
Jul. 10, 2015
Property tax held to be properly imposed on a warehouse
Aug. 17, 2016
1 Indian Oil Corporation Limited had a plant in the Chinnachowk Grama Panchayat and property tax was demanded under the Andhra Pradesh Panchayat Raj Act, 1994. The High Court dismissed IOCs writ petitions and held that property tax is payable. The Supreme Court, dismissing the appeal, held that property tax is liable on a warehouse, and it may not be necessary that such place is capable of frequent visits by humans or fit for human occupations.-50…
y Client has paid a salary of Rs. 300000 to one of his employees but he has not deducted TDS on the same. The employee will be paying the taxes due.Suggest the consequences on the part of the employer and employee.
Aug. 24, 2016
What is the difference between routine report and special report??
Jul. 07, 2015

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