The recent worldwide crisis on account of outbreak of Novel Corona virus (COVID-19) and resultant 21 days lock down declared by Govt. of India has put everything standstill in our Country. Prior to complete lock down announced by the Central Govt., many State Govts. has also declared complete lock down in their respective States. As …
Theories of ‘Peak Credit’ and ‘Telescoping’ are not alien to the Income Tax assessment proceedings. Both the theories are logical and are acceptable to the tax department also. Such tactics are often adopted by the counsel to defend their client against the huge addition made by the A.O. during the course of assessment of search …
Discounts and incentives are the common feature of the any business house. Since the beginning of trade and commerce in this world, the discount and incentives were the powerful tools to attract the buyers and to boost one’s sales. In any trading or service sector the seller offer discount to the buyer either on bulk …
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