This category covers information technology, IT enabled service and telecommunication industry. Today businesses are done in various complex manner through different jurisdictions in different countries.
They could be : Software and hardware supply, turnkey contracts, Build Operate Transfer, Build Own Operate and Transfer, software as a service, professional supply service are different modes of doing business. The dominant motive of the transaction, applicability of aspect theory,...
Read moreChartered Accountants prudent businessman should plan the sales transactions with the option of stock transfers considering the VAT and CST provisions prevailing in the state. Planning such transactions is not a cakewalk as it involves many risks. A few of the points which should be considered in case of stock transfers along with the details of risk involved are discussed below.
INTRASTATE STOCK TRANSFERS
Intrastate stock transfers usually do not involve much risk or hassles as...
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