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Page 2 - சேவை வரி மேல்முறையீடு தீர்ப்பாயம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CESTAT: Service recipient cannot be fastened with any liability to pay tax

CESTAT: Service recipient cannot be fastened with any liability to pay tax
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Tax sword hangs over PE, VC funds after tribunal ruling

Tax sword hangs over PE, VC funds after tribunal ruling SECTIONS Share Synopsis A week ago, the Customs, Excise & Service Tax Appellate Tribunal, Bengaluru, has ruled that the ‘carried interest’ or ‘carry’ in trade parlance, which is a fund’s share of profits from managing investors’ money is a ‘performance fee’ that would attract service tax. Agencies The ruling by the quasi-judicial authority is being closely tracked by the VCF world and fund advisors as fund managers are driven by the money earned from ‘carry’. A tax sword hangs precariously over all private equity (PE) houses and venture capital funds (VCFs) in India.

Equipment used by Olympic athletes can be imported temporarily under Carnets in Japan: General Manager, Japan Commercial Arbitration Association

Equipment used by Olympic athletes can be imported temporarily under Carnets in Japan: General Manager, Japan Commercial Arbitration Association
indiaeducationdiary.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiaeducationdiary.in Daily Mail and Mail on Sunday newspapers.

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