Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
A professional body has submitted comprehensive recommendations to improve GST administration, urging fixed reply periods for pre-notice intimations, mandatory virtual hearing compliance, dual electronic/physical service of notices, reliance on portal records (with limited physical submissions), a unified case-tracking ID and draft/save features, separate adjudication and portal access for personal penalties, and strict adherence to conveyance detention procedures. It also seeks operational fixes for ITC distribution, enhanced GSTR-2B functionality, automatic restoration of ITC after withdrawn cancellation, clearer registration jurisdiction and amendment workflows, legacy-proceedings migration on reorganization, streamlined integrated company-GST onboarding, online TDS cancellation, faceless/time-bound refunds, and e-way bill fields for ultimate recipients.
A professional body has submitted comprehensive recommendations to improve GST administration, urging fixed reply periods for pre-notice intimations, mandatory virtual hearing compliance, dual electronic/physical service of notices, reliance on portal records (with limited physical submissions), a unified case-tracking ID and draft/save features, separate adjudication and portal access for personal penalties, and strict adherence to conveyance detention procedures. It also seeks operational fixes for ITC distribution, enhanced GSTR-2B functionality, automatic restoration of ITC after withdrawn cancellation, clearer registration jurisdiction and amendment workflows, legacy-proceedings migration on reorganization, streamlined integrated company-GST onboarding, online TDS cancellation, faceless/time-bound refunds, and e-way bill fields for ultimate recipients.
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