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IT Department Steps-up actions under Benami Transactions (Prohibition) Amendment Act, 2016

The Income-tax Department (ITD) has initiated actions under the new Benami Transactions (Prohibition) Amendment Act, 2016 (the Act) w.e.f. 1st November 2016. The Prohibition of Benami Property Transactions Rules, 2016 have been framed in this regard.

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Liability for a package of medical services under gst

Posted by Jatin Suneja

An eye surgeon is carrying out eye surgeries and he charges Rs 20,000 per patient as a package which includes charges for intra ocular lenses,some medicines during and after the surgery and his own service charges. Since medical services are exempt under GST but it is a composite service as he is also providing intra ocular lenses and medicines for the surgery . His annual receipts are about 40 Lakh rupees.Whether he has output liability under the GST for intraocular lenses and medicines provided?

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Quasi-Judicial Proceedings And The Duty To Act Fairly

A failure to act fairly would be ‘failure to act in accordance with law’ and failure to make a decision in accordance with law would be co

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Ease of doing business: Delhi VAT

As we know that every dealer is required to get himself registered under DVAT, if his turnover exceeds taxable quantum i.e. Rs. 20 lakh in current yea

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Highlights Of The Benami Transactions (Prohibition) Ammendment Act, 2016

The government strategy now seems clear; it aims at taking strong action against benami property as soon as the demonetisation drive gets over. 

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Updated on : 24/06/2017 01:16:03

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