August is an important month for SBS. We have completed 11 years on August 3rd, this year. On this occasion, I thank everyone who helped us to be in the current stage. I wish everyone would support in the unconditional way as supported till date.
In this edition, the final part on the GST side which deals with the vires of Rule 117 which prescribes the time limit for availment of transitional credit. Apart from the above, we have covered another important aspect dealing with taxation of partner/firm at the time of retirement, dissolution and contribution of asset to the firm. This is a two part series and I recommend everyone to read both the parts to drive home the point.
I am also glad to share that we have released our first concept book ‘Decoding MLI’. The copy of the book can be accessed on our mobile application ‘SBS Connect’ and also available at https://www.sbsandco.com/concept-book/document/decoding-mli
I hope that you will have good time reading this edition and please do share your feedback. I will also urge clients to mail us topics or issues on which you want us to deliberate in our future editions, so that we can contribute to the same.
