If the company can sell products that were purchased for a more expensiveprice today compared to in the past, the taxable income on the sale is reduced. The tax difference is where the company benefits. https://study.com/academy/lesson/last-in-first-out-method-in-acc...
GST Income Tax Funding Accounting & Compliances 03 May 2019Posted By: Mudit Handa Facebook Twitter LinkedIn WhatsApp How does GST apply on Works Contract in Real Estate? With the aim to give a boost to the housing sector, the GST council had reduced the GST rates for real estate se...
GST Income Tax Funding Accounting & Compliances 26 Aug 2019Posted By: Mudit Handa Facebook Twitter LinkedIn WhatsApp How does GST apply to Educational Institutions? We all know that education is the basis of the economic development of a nation. It is the very essence of efficient Human...