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 37(1) - contribution/donation to educational institutions, trust etc. - the disallowance under Explanation 2 to Section 37(1) comes into play only when expenses incurred for discharge of CSR as statutory obligation not on voluntary basis - the correct test should be of commercial expediency and not whether the payment was compulsory for the assessee to make or not - duly allowable
Disallowance u/s 37(1) - contribution/donation to educational institutions, trust etc. - the disallowance under Explanation 2 to Section 37(1) comes into play only when expenses incurred for discharge of CSR as statutory obligation not on voluntary basis - the correct test should be of commercial expediency and not whether the payment was compulsory for the assessee to make or not - duly allowable
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