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...
Assessee utilized long-term capital gain from sale of immovable property for purchase of new residential property within permissible time period. Purchase consideration for new house exceeded sale consideration received on transfer of immovable property. Appellate Tribunal directed Assessing Officer to recompute taxable total income by allowing deduction u/s 54 for investment in new residential house property against capital gains from sale of immovable property, despite assessee's failure to file return of income initially.
Assessee utilized long-term capital gain from sale of immovable property for purchase of new residential property within permissible time period. Purchase consideration for new house exceeded sale consideration received on transfer of immovable property. Appellate Tribunal directed Assessing Officer to recompute taxable total income by allowing deduction u/s 54 for investment in new residential house property against capital gains from sale of immovable property, despite assessee's failure to file return of income initially.
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