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...
CBDT notifies that, no tax shall be deducted for certain payments made by payers to units in International Financial Services Centres (IFSC), as detailed in the provided list. It outlines conditions, definitions, and applicable provisions under the Income-tax Act, 1961, aiming to regulate financial transactions within these centres effectively. - The notification will come into force on April 1, 2024.
CBDT notifies that, no tax shall be deducted for certain payments made by payers to units in International Financial Services Centres (IFSC), as detailed in the provided list. It outlines conditions, definitions, and applicable provisions under the Income-tax Act, 1961, aiming to regulate financial transactions within these centres effectively. - The notification will come into force on April 1, 2024.
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