Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Notification amends Notification No. 2/2017-Central Tax (Rate) dated 28th June, 2017 by inserting proviso to Explanation clause (ii) exempting supply of agricultural farm produce in packages containing quantity exceeding 25 kilograms or 25 litres from being considered as pre-packaged and labelled under Legal Metrology Act, 2009 and rules thereunder. Amendment comes into force from 15th July, 2024.
Notification amends Notification No. 2/2017-Central Tax (Rate) dated 28th June, 2017 by inserting proviso to Explanation clause (ii) exempting supply of agricultural farm produce in packages containing quantity exceeding 25 kilograms or 25 litres from being considered as pre-packaged and labelled under Legal Metrology Act, 2009 and rules thereunder. Amendment comes into force from 15th July, 2024.
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