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...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
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Levy of penalty - Business Auxiliary Service - Receipt of commission from the financial institutions/banks - The board circular specifically states that there were certain doubts in the mind of the field formation and hence, reference was made - penalty waived invoking section 80 - AT
Levy of penalty - Business Auxiliary Service - Receipt of commission from the financial institutions/banks - The board circular specifically states that there were certain doubts in the mind of the field formation and hence, reference was made - penalty waived invoking section 80 - AT
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