Registration Under GST FAQs

Q 1.      What   is   advantage   of   taking registration  in GST? Ans. Registration under Goods and Service  Tax  (GST) regime will confer following advantages to the business: Legally recognized as supplier of goods or Proper accounting of taxes paid on the input goods or services which … [Read more...]

Transfer Pricing Methods

Due to increasing cross border transactions, Transfer pricing has become an important international tax issue affecting the MNCs. One of the most essential and contentious facets of transfer pricing provisions is to derive an accurate ALP. Section 92 of Income Tax Act lays down that any income … [Read more...]