Capital gain on conversion of capital asset into stock-in trade-Section45(2) Notwithstanding anything contained in section 45(1), the profits or gains arising from the transfer by way of conversion by...
Section 2(30) of the CGST Act defines Composite Supply: Composite supply means a supply made by a taxable person to a recipient consisting of two or more taxable supplies...
Inspection, Search and Seizure under GST Law Authorisation for Inspection Where the proper officer, not below the rank of Joint Commissioner, has reasons to believe that— (a) ...
Type of Capital Asset Long Term Capital Asset Short Term Capital Asset Long-term capital asset means a capital asset which is not a short-term capital asset. [Sec.2(29A)] Short-term capital...