Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
GST rate on public funded institution read with Notification No. 47/2017 - since applicant is public funded institution on which Notification is applicable in respect of supplies made to them on goods specified in the column no.(3) of the table at concessional rate @ 5% not the other goods - the certificate issued by Ministry of Defence has not certified that “Aluminum Alloy” is used in the research of recipient, hence not covered under the Notification - GST @ 18 %
GST rate on public funded institution read with Notification No. 47/2017 - since applicant is public funded institution on which Notification is applicable in respect of supplies made to them on goods specified in the column no.(3) of the table at concessional rate @ 5% not the other goods - the certificate issued by Ministry of Defence has not certified that “Aluminum Alloy” is used in the research of recipient, hence not covered under the Notification - GST @ 18 %
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
