Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
Eligibility for tax exemption under GST Act - mixed supply - ticket charges collected in relation to an Agricultural exhibition - The Advance ruling authority concluded that the applicant is eligible to claim exemption from GST on ticket charges collected for the agricultural exhibition. - However, this exemption is subject to the condition that the services provided during the exhibition are related to functions entrusted to a Panchayat under Article 243G of the Constitution. - Activities unrelated to these functions are taxable at the standard GST rate of 18%.
Eligibility for tax exemption under GST Act - mixed supply - ticket charges collected in relation to an Agricultural exhibition - The Advance ruling authority concluded that the applicant is eligible to claim exemption from GST on ticket charges collected for the agricultural exhibition. - However, this exemption is subject to the condition that the services provided during the exhibition are related to functions entrusted to a Panchayat under Article 243G of the Constitution. - Activities unrelated to these functions are taxable at the standard GST rate of 18%.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
