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...
The government has exempted a specified urban development authority from certain income tax provisions under section 10(46A) of the Income-tax Act, 1961, effective from the assessment year 2024-2025. This exemption applies provided the authority continues to be constituted under the relevant state urban planning legislation and fulfills the purposes outlined in the Act. The notification confirms no adverse impact on any person due to its retrospective effect.
The government has exempted a specified urban development authority from certain income tax provisions under section 10(46A) of the Income-tax Act, 1961, effective from the assessment year 2024-2025. This exemption applies provided the authority continues to be constituted under the relevant state urban planning legislation and fulfills the purposes outlined in the Act. The notification confirms no adverse impact on any person due to its retrospective effect.
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