Question
1. What is a perquisite? Give some examples of perquisite. What is the residency requirement for a company? State why is input tax credit mechanism
1. What is a perquisite? Give some examples of perquisite. What is the residency requirement for a company?
State why is input tax credit mechanism the core of Value Added Tax?
How does tax evasion differ from tax avoidance?
Nidhiram, an indian citizen left Bangladesh on June 30, 2019 after living in Bangladesh for 2 years. Before last 2 years, he worked in Bangladesh for 5 years. He came back to Bangladesh on February 1, 2020 and worked, then leaveleft Bngladesh again on May 30, 2020. He came back on July 1, 2020. Is he a resident for income year 2019-2020?
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