Business expenditure deduction requires proof of genuine commission payments and commercial allowability; turnover growth alone cannot validate the cl...
Article 8 treaty coverage excluded third-party airline support services, while documented demonetisation cash receipts remained accepted business inco...
Functional comparability under TNMM requires highway contract benchmarks to reflect operation, maintenance and transfer activities, requiring fresh be...
Classification of service - The distinction between the activity of "renting" and "hiring" - service of providing passenger buses on rent/lease by the applicant to Kerala State Road Transport Corporation (KSRTC) - The AAR concluded that the expression "giving on hire" includes renting of vehicles, rendering the transaction exempt from GST under Notification No. 12/2017-CT(R).
Classification of service - The distinction between the activity of "renting" and "hiring" - service of providing passenger buses on rent/lease by the applicant to Kerala State Road Transport Corporation (KSRTC) - The AAR concluded that the expression "giving on hire" includes renting of vehicles, rendering the transaction exempt from GST under Notification No. 12/2017-CT(R).
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