The implementation of Rule 86B within India's Goods and Services Tax (GST) framework, which aims to curtail fraudulent input tax credit (ITC) claims by necessitating certain taxpayers to remit 1% of their output tax liability in cash
In this period of reforming India, government has imposing major compliance and taxation on different industries and also on automobile Industry and the major i..
Section 80GG of Income tax Act 1961 as amendend by Finance Act 2016The Simple reading of this section gives the following understanding that Assessee, not falli..