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 principal tax authority under section 35(1)(iia) of the Income-tax Act, 1961, read with Rule 5F, has approved a company's activities as qualifying "scientific research" for tax purposes. The approval applies from 1 April 2025 to 31 March 2030 (assessment years 2026-27 through 2030-31). The notification is issued by the Principal Chief Commissioner of Income Tax (Exemptions) and includes an explanatory memorandum certifying that no person is adversely affected by giving the notification retrospective effect.
The principal tax authority under section 35(1)(iia) of the Income-tax Act, 1961, read with Rule 5F, has approved a company's activities as qualifying "scientific research" for tax purposes. The approval applies from 1 April 2025 to 31 March 2030 (assessment years 2026-27 through 2030-31). The notification is issued by the Principal Chief Commissioner of Income Tax (Exemptions) and includes an explanatory memorandum certifying that no person is adversely affected by giving the notification retrospective effect.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
