ITAT held that goodwill arising from acquisition of a business as a going concern represents a bundle of commercial and business rights. Following Supreme Court precedent, depreciation under Section ...
Sourcing Journal on MSN
Senate lawmakers introduce bipartisan bill to end 'First Sale' customs rule
New legislation aims to address the widespread use of a 37-year-old customs provision currently being leveraged by importers looking for relief from the weight of President Donald Trump's tariffs.
Explore over-selling, its meaning, disadvantages, and examples. Discover how pushing customers for sales too hard can hurt ...
The Authority held that even where actual land value is available through a sale deed, GST valuation must follow the deemed one-third deduction rule. The key takeaway is that actual land value cannot ...
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