Karnataka High Court held that liquidated damages on account of breach of the contract is not taxable under the provisions of Central Goods and Services Tax Act [CGST Act] in terms of circular no. 178 ...
Andhra Pradesh held that neither the State Legislature nor the Central Legislature would have power, to levy tax on the sale ...
With that in mind, Accounting Today conducted its annual Year Ahead survey in the late fall to find out firms' expectations ...
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