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Monday, September 27, 2010

Point of Taxation Draft Rules– Gennie of the Magic Lamp

CA. Pradeep Jain
CA. Preeti PariharCA. Ridhi Anchalia
Introduction-



“Alladin & his magic lamp” - hearing the stories since ages. Gennie fulfilling the desires sound too good, but what if it comes out and becomes uncontrollable… too difficult to put him in again… Now let’s take a look into its latest version – “The Government and drafts rules for determining the point of taxation”. The government has come out proposing new rules namely - Point of Taxation (for Services Provided or Received in India) Rules, 2010 (hereinafter referred as the draft rules).Read More

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