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...
The Central Government, u/s 10(46) of IT Act 1961, has notified 'Mathura Vrindavan Development Authority' as an assessee for tax purposes. The Authority is constituted u/r the Uttar Pradesh Urban Planning Development Act, 1973. Effective from assessment year 2024-25, subject to the condition that it continues to operate u/r the said Act with specified purposes. This notification, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, is signed by Under Secy. (TPL).
The Central Government, u/s 10(46) of IT Act 1961, has notified 'Mathura Vrindavan Development Authority' as an assessee for tax purposes. The Authority is constituted u/r the Uttar Pradesh Urban Planning Development Act, 1973. Effective from assessment year 2024-25, subject to the condition that it continues to operate u/r the said Act with specified purposes. This notification, issued by the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, is signed by Under Secy. (TPL).
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