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The tax is imposed based on the Entry 52 of the State List from the Schedule VII of the Constitution of India which reads; "Taxes on the entry of goods into a local area for consumption, use or sale therein." [24] The tax is to be paid by the trader to the civic bodies and the rules and regulations of these vary amongst different States in ...
The Tamil Nadu Sales Tax Entertainments Tax and Luxury Tax (Settlement of Disputes) Act, 1999 The Tamil Nadu Scrap Merchants and Dealers in Second-Hand Property and Owners of Automobile Workshops and Tinker Shops (Regulation, Control and Licensing) Act, 1985
Selling Property Tax: When selling property in Spain, sellers face obligations related to Plusvalia and Capital Gains Tax. Plusvalia: A council tax which is a tax levied by the local Town Hall, calculated based on the increase in the land's value (known as valor catastral) over the ownership period. Each beneficiary is responsible for paying ...
The Tamil Nadu Industrial Investment Corporation Limited (TIIC), a government company incorporated under the Indian Companies Act 1913 and continues to be a government company under the Companies Act, 1956. The authorised share capital of the company is ₹300 crores and the paid up capital of the company is ₹283.4956 crores [2]
Indian Accounting Standard (abbreviated as Ind_AS) is the accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977.
Equity sharing became desirable in the United States when in 1981 Section 280A of the Internal Revenue Code allowed mixed tax use of a single property for the first time permitting the occupier to claim principal residence tax deductions and the investor to claim investment property tax deductions. Since shared ownership is conferred by the ...
An equity investment will never have a negative market value (i.e. become a liability) even if the firm has a shareholder deficit, because the deficit is not the owners' responsibility. An alternate approach, exemplified by the " Merton model ", [ 5 ] values stock-equity as a call option on the value of the whole company (including the ...
Guidance Tamil Nadu (formerly Tamil Nadu Industrial Guidance and Export Promotion Bureau [1]) is the investment promotion agency of the Government of Tamil Nadu. It is constituted to reach out to prospective investors and make them invest in the state of Tamil Nadu .