Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Levy of GST of advances received - time of supply - supply of goods and supply of services of works contract - the supply/ service under second contract commences commences only on completion of all the milestone activities of first contract (supply of goods). Therefore, it is evident that each Contract is independent and every milestone supply made from the individual contract is, an independent transaction. - benefit of Notification No. 66/2017 available to the assessee - No GST to paid at the time of advance received in respect to supply of goods - AAR
Levy of GST of advances received - time of supply - supply of goods and supply of services of works contract - the supply/ service under second contract commences commences only on completion of all the milestone activities of first contract (supply of goods). Therefore, it is evident that each Contract is independent and every milestone supply made from the individual contract is, an independent transaction. - benefit of Notification No. 66/2017 available to the assessee - No GST to paid at the time of advance received in respect to supply of goods - AAR
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4780
Join Channel
TaxTMI 
