Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
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...
Exemption with respect to Services provided by Government or a local authority to a business entity with a turnover up to rupees ten lakh in the preceding financial year is restricted and shall not available in case of renting of immovable property, speed post, express parcel post, life insurance and agency services, transport of goods or passengers and services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport.
Exemption with respect to Services provided by Government or a local authority to a business entity with a turnover up to rupees ten lakh in the preceding financial year is restricted and shall not available in case of renting of immovable property, speed post, express parcel post, life insurance and agency services, transport of goods or passengers and services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport.
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