Section 109 Archives

GST Liability in case of Amalgamation or merger of companies

By CA Satbir Singh | October 23, 2016

GST Liability in case of Amalgamation or merger of companies Section 109 of Model GST law of india cover liability in case of amalgamation / merger of companies With effect from the date of order of merger or amalgamation of two or more companies, the liability to pay tax, interest and penalty for the period… Read More »

What is Money Bills and Procedure of Money Bills

By CA Satbir Singh | August 6, 2016

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Money Bills Definition of Money Bills as per Section – 110 of Constitution of India 1950 110. (1) For the purposes of this Chapter, a Bill shall be deemed to be a Money Bill if it contains only provisions dealing with all or any of the following matters, namely— (a) the imposition, abolition, remission, alteration… Read More »