Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4823
Press 'Enter' after typing page number.
61 to 80 of 96456 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Construction services supplied to the identified statutory...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on remand.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Construction services supplied to the identified statutory bodies qualified for exemption as services provided to governmental authorities because each recipient was created under statute. Denial of exemption to some recipients without reasons, despite acceptance for others with the same status, was set aside. For works-contract exemption applicable from 1 March 2016, the contract had to be entered into before 1 March 2015 and applicable stamp duty paid before that date. Documents subsequently produced to establish compliance required verification, so the affected contracts were remitted for de novo adjudication after allowing reasonable opportunity.
Construction services supplied to the identified statutory bodies qualified for exemption as services provided to governmental authorities because each recipient was created under statute. Denial of exemption to some recipients without reasons, despite acceptance for others with the same status, was set aside. For works-contract exemption applicable from 1 March 2016, the contract had to be entered into before 1 March 2015 and applicable stamp duty paid before that date. Documents subsequently produced to establish compliance required verification, so the affected contracts were remitted for de novo adjudication after allowing reasonable opportunity.
Note: It is a system-generated summary and is for quick reference only.