Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Intermediary-service classification turns on whether a supplier arranges or facilitates a distinct main supply between two other persons and acts as an agent, broker or similar person. Services supplied on the provider's own account are excluded. Marketing, sales support, technical, manufacturing, administrative and customer-support services provided to overseas group entities under cost-plus arrangements are described as principal-to-principal supplies where the provider cannot conclude sales contracts, does not negotiate sales, and remuneration is not linked to goods sales. On that analysis, such services are treated as export of services rather than intermediary services, with demands and penalties set aside.
Intermediary-service classification turns on whether a supplier arranges or facilitates a distinct main supply between two other persons and acts as an agent, broker or similar person. Services supplied on the provider's own account are excluded. Marketing, sales support, technical, manufacturing, administrative and customer-support services provided to overseas group entities under cost-plus arrangements are described as principal-to-principal supplies where the provider cannot conclude sales contracts, does not negotiate sales, and remuneration is not linked to goods sales. On that analysis, such services are treated as export of services rather than intermediary services, with demands and penalties set aside.
Note: It is a system-generated summary and is for quick reference only.
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