tax is a tax annually imposed on the net
value of all assets less liabilities. Such a deduction
distinguishes the tax from property taxes such ... character of the tax. [80F,-G; 81D]
(b) Prof. Nicholas Kaldar, on whose recommendations in his
Report on Indian Tax Reforms, 1956, the wealth tax
Value Added Tax (VAT), it is submitted by him that
VAT was based on the additional services and the related VAT liability
of the service ... calculated by deducting input tax credit
from the tax collected on the services making it a multi point tax on
value addition which is collected
distinction between such a tax and a tax on the taxable event. In the first case, the subject-matter of tax is the goods ... which attracts service tax. In the present case, tax falls on the activity which is the subject-matter of service tax. In other words
M/S Thackers Hotels And Facilities ... vs The Assistant Commissioner St And 4 ... on 5
M/S.Rahul Trading Company vs The Deputy Commissioner Ct And 2 Others on 5
M/S.Binjrajka Steel Tubes Limited vs The Deputy Commercial Tax Officerii And ... on 5
M/S. V Dream Technology And ... vs The Deputy Commissioner Ststu1 And 2 ... on 5
That the Bill to make a provision for levy and collection of tax on intra-State supply of goods or services or both ... retrograde.
Entry tax is not clear with respect to the merger of different taxes with the GST. As far as the tax rates are concerned
argument but a well-tested Act was brought about. The Income-Tax Act itself is a colonial Act. It is not a progressive legislation ... have gone into all these things, as Chairman of the Second Administrative Reforms Commission as to how this country has been cursed by bureaucracy. Many
Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill ... Kashmir.
It is a matter of pride that a landmark tax reform in the form of Goods and Service Tax (GST) has been successfully rolled