‘Startup India Seed Fund Scheme’ launched by Govt. to provide seed funding to start-ups

The Prime Minister Shri Narendra Modi announced the launch of Rs 1,000-crore 'Startup India Seed Fund' to support startups and help entrepreneurs. The Prime Minister while speaking at, Prarambh, the…

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Provisions of Sec. 234D are applicable from prospective effect in absence of any express wording: Madras HC

INCOME TAX : Levy of interest under section 234D is only prospective i.e. from day it came into force i.e., 1-6-2003; thus, interest under section 234B is leviable only after…

Continue Reading Provisions of Sec. 234D are applicable from prospective effect in absence of any express wording: Madras HC

Employees seconded by group co. can’t be considered as Manpower Recruitment Services, thus no ST to be paid

EXCISE/ST/VAT : Where assessee were engaged in providing software development and IT enabled services and Commissioner by impugned order had confirmed demand along with interest and penalties on ground that…

Continue Reading Employees seconded by group co. can’t be considered as Manpower Recruitment Services, thus no ST to be paid