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...
Payment made to retiring partner and legal heirs of the deceased - as per terms of the agreement the payment were to be set-aside at the threshold from the receipts of the firm and will not reach the hands of the other partners of the firm and, therefore, cannot be treated as income of the firm who has merely acted as a pass through entity for this payment.
Payment made to retiring partner and legal heirs of the deceased - as per terms of the agreement the payment were to be set-aside at the threshold from the receipts of the firm and will not reach the hands of the other partners of the firm and, therefore, cannot be treated as income of the firm who has merely acted as a pass through entity for this payment.
Note: It is a system-generated summary and is for quick reference only.