Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
CBIC has constituted a Working Group to examine centralised administration for taxpayers sharing a PAN and holding multiple GSTINs under Central Tax jurisdictions. The Group will assess difficulties caused by multiple administrations, compare earlier centralised registration and Large Taxpayer Unit models with international practices, and evaluate whether administration by a single Central Tax authority is needed. It will recommend whether the model should be optional or mandatory, define eligible GSTIN coverage, propose jurisdiction-allocation criteria, and identify necessary legal, administrative, system, organisational and manpower changes. The Group must submit an implementation roadmap and draft proposals to the Board within 30 days.
CBIC has constituted a Working Group to examine centralised administration for taxpayers sharing a PAN and holding multiple GSTINs under Central Tax jurisdictions. The Group will assess difficulties caused by multiple administrations, compare earlier centralised registration and Large Taxpayer Unit models with international practices, and evaluate whether administration by a single Central Tax authority is needed. It will recommend whether the model should be optional or mandatory, define eligible GSTIN coverage, propose jurisdiction-allocation criteria, and identify necessary legal, administrative, system, organisational and manpower changes. The Group must submit an implementation roadmap and draft proposals to the Board within 30 days.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4782
Join Channel
TaxTMI 
