Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 9 is being amended to exclude Extra Neutral Alcohol used in alcoholic liquor manufacture from central tax. Section 10(5) is amended to refer to new section 74A. Section 11A empowers government to regularize non-levy or short levy of central tax. Section 13(3) provides time of supply for reverse charge services. Section 16 allows input tax credit for certain periods with conditions. Section 17(5) restricts non-availability of credit for demands up to 2023-24. Sections 21, 30, 31, 35, 39, 49, 50, 51, 54, 61-66, 70, 73-74 are amended. New section 74A provides for tax determination from 2024-25 with limitation period and penalties. Section 75 is amended for re-determination of penalty. Sections 104, 107, 109, 112, 122, 127, 128A, 140, 171 and Schedule III are amended. Transitional provisions and restrictions on refunds are also included.
Section 9 is being amended to exclude Extra Neutral Alcohol used in alcoholic liquor manufacture from central tax. Section 10(5) is amended to refer to new section 74A. Section 11A empowers government to regularize non-levy or short levy of central tax. Section 13(3) provides time of supply for reverse charge services. Section 16 allows input tax credit for certain periods with conditions. Section 17(5) restricts non-availability of credit for demands up to 2023-24. Sections 21, 30, 31, 35, 39, 49, 50, 51, 54, 61-66, 70, 73-74 are amended. New section 74A provides for tax determination from 2024-25 with limitation period and penalties. Section 75 is amended for re-determination of penalty. Sections 104, 107, 109, 112, 122, 127, 128A, 140, 171 and Schedule III are amended. Transitional provisions and restrictions on refunds are also included.
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