Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
Disallowance u/s 14A - when assessee has huge interest-free funds available which can take care of investment made by the assessee - assessee had shown interest expenses of ₹ 10. 99 crores as against interest income of ₹ 20. 99 crores - in such situation, as per sub-clause(2) to Section 14A he could not make disallowance out of interest expenditure
Disallowance u/s 14A - when assessee has huge interest-free funds available which can take care of investment made by the assessee - assessee had shown interest expenses of ₹ 10. 99 crores as against interest income of ₹ 20. 99 crores - in such situation, as per sub-clause(2) to Section 14A he could not make disallowance out of interest expenditure
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