Budget 2014- Analysis of Service Tax provisions by BC (21st July’ 2014)
Advertisement through specific media now taxable. Services of “Radio Taxis or Radio Cabs” will be taxable. Some provisions of Central Excise Act inserted in Service Tax. Some existing Mega Exemptions withdrawn and some new Mega Exemptions introduced. Slab of interest... Read More →
Budget 2014- Analysis of Income Tax provisions by BC (21st July’ 2014)
Disallowance restricted to 30% due to non-deduction of TDS. New chapter inserted for Business Trust. Exemption from Capital gain by reinvestment in one residential house in India. Forfeiture of advance receipt shall be taxable. Increase in the limit of deduction... Read More →