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 that a state housing board constituted under the relevant Housing Board Act is recognized for purposes of clause (46A)(b) of section 10 of the Income-tax Act, granting tax exemption effective from assessment year 2024-25, conditional on the board continuing to exist under the Act and carrying one or more purposes specified in clause (46A)(a) of section 10. The explanatory memorandum certifies that retrospective effect of the notification does not adversely affect any person.
The Central Government has notified that a state housing board constituted under the relevant Housing Board Act is recognized for purposes of clause (46A)(b) of section 10 of the Income-tax Act, granting tax exemption effective from assessment year 2024-25, conditional on the board continuing to exist under the Act and carrying one or more purposes specified in clause (46A)(a) of section 10. The explanatory memorandum certifies that retrospective effect of the notification does not adversely affect any person.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
