Friday, March 20, 2020

Provision including Trade Discounts / Incentives in Sale and Determination of Taxable Turnover is Ultra Vires: Jharkhand HC [Read Judgment]

The Jharkhand High Court has ruled that the provision including the Trade Discounts or Incentives in Sale and Determination of Taxable Turnover is Ultra vires. The Tata Motors Ltd has challenged the vires of Section 9 (5) of the Jharkhand Value Added Tax Act, 2005, which was subsequently brought, by way of amendment, made in […]

The post Provision including Trade Discounts / Incentives in Sale and Determination of Taxable Turnover is Ultra Vires: Jharkhand HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



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