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 Central Government has notified an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 as covered by clause (46A)(b) of section 10 of the Income-tax Act, 1961, making specified income of that authority exempt from tax effective for assessment year 2024-25, subject to the authority continuing to have one or more of the purposes listed in sub-clause (a) of clause (46A). The notification includes an explanatory memorandum stating that no person is adversely affected by its retrospective effect.
The Central Government has notified an authority constituted under the Uttar Pradesh Urban Planning and Development Act, 1973 as covered by clause (46A)(b) of section 10 of the Income-tax Act, 1961, making specified income of that authority exempt from tax effective for assessment year 2024-25, subject to the authority continuing to have one or more of the purposes listed in sub-clause (a) of clause (46A). The notification includes an explanatory memorandum stating that no person is adversely affected by its retrospective effect.
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