Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
The key aspects covered are the applicable GST rates for services provided by the applicant to Maharashtra Jeevan Pradhikaran (MJP) as part of the Jal Jeevan Mission, based on the time of supply. Services provided before 01.01.2022 are exempt under Entry 3 of Notification 12/2017-Central Tax (Rate), while those after 01.01.2022 are taxable at 18% GST. The authority examined whether MJP qualifies as a 'Government Authority' under the exemption entry and concluded that for services after 01.01.2022, MJP does not meet the criteria due to the omission of 'Government Authority' from the entry. The role of MJP as an agency implementing water supply schemes under constitutional provisions was analyzed, with the authority determining that MJP's actions exceed the scope of an agency. The summary covers the key legal aspects, GST rates, and the rationale behind the rulings based on the relevant notifications and constitutional provisions.
The key aspects covered are the applicable GST rates for services provided by the applicant to Maharashtra Jeevan Pradhikaran (MJP) as part of the Jal Jeevan Mission, based on the time of supply. Services provided before 01.01.2022 are exempt under Entry 3 of Notification 12/2017-Central Tax (Rate), while those after 01.01.2022 are taxable at 18% GST. The authority examined whether MJP qualifies as a 'Government Authority' under the exemption entry and concluded that for services after 01.01.2022, MJP does not meet the criteria due to the omission of 'Government Authority' from the entry. The role of MJP as an agency implementing water supply schemes under constitutional provisions was analyzed, with the authority determining that MJP's actions exceed the scope of an agency. The summary covers the key legal aspects, GST rates, and the rationale behind the rulings based on the relevant notifications and constitutional provisions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
