Salary can be defined as the compensation a person receives for providing services that are implied or explicit. Let us discuss the taxability of salary received by a person.
The Madras HC in the case of Greenwood Owners Association has quashed a Finance Ministry circular prescribing GST on the entire monthly contribution to RWA if it is more than Rs. 7,500.
In respect to Land & Building, GST Laws have 'deeming provisions' in Schedule-II of the CGST Act. Thus, excluding those 'deemed supply' provisions, GST cannot be imposed on other transactions relating to Land & Building.
Transportation has contributed the most towards the economic, social, cultural and political development of India. Let us discuss the GST in the Transportation Sector.
INTRODUCTIONReal Estate Industry is one of the most important pillars of the Indian economy. Real Estate Industry contributes between approx. 8% to India�
Issues in current GST Advance Rulings As you all are aware that GST was implemented on 1st July�2017. As this was new law and major shift from earlier Man