Advance-ruling mechanism governs pending GST classification, exemption and taxability disputes, limiting writ review once the specialised forum functi...
Charitable trust income application permits verified capital expenditure but rejects deferred pre-operative claims and requires reconsideration of con...
Reinsurance premium deductions require established regulatory breaches, while independently acquired software qualifies within the computer depreciati...
Exempts specified income of the District Legal Service Authority, Jind, for tax year 2026-27 under Schedule III read with section 11 of the Income-tax Act, 2025. Eligible income includes grants and donations from specified legal-services and government bodies, court-ordered receipts, recruitment application fees, and interest on bank deposits. The exemption requires the Authority not to undertake commercial activities, to file its income-tax return as prescribed, and to maintain unchanged activities and income nature throughout the tax years. Non-compliance withdraws the exemption and may trigger proceedings under the Act.
Exempts specified income of the District Legal Service Authority, Jind, for tax year 2026-27 under Schedule III read with section 11 of the Income-tax Act, 2025. Eligible income includes grants and donations from specified legal-services and government bodies, court-ordered receipts, recruitment application fees, and interest on bank deposits. The exemption requires the Authority not to undertake commercial activities, to file its income-tax return as prescribed, and to maintain unchanged activities and income nature throughout the tax years. Non-compliance withdraws the exemption and may trigger proceedings under the Act.
Note: It is a system-generated summary and is for quick reference only.