Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
Notifies New Okhla Industrial Development Authority for purposes of section 10(46) of the Income-tax Act, 1961, specifying eligible income as: State Government grants; receipts from disposal of land, buildings, and other movable/immovable property; rental receipts from such property; interest and dividend; and fees, tolls, and charges received under the Uttar Pradesh Industrial Area Development Act, 1976. The exemption is conditional on the authority not engaging in any commercial activity, maintaining unchanged activities and the nature of specified income throughout the relevant financial years, and filing its return of income under section 139(4C)(g). The notification is deemed applicable for assessment years 2012-13 to 2015-16 (financial years 2011-12 to 2014-15).
Notifies New Okhla Industrial Development Authority for purposes of section 10(46) of the Income-tax Act, 1961, specifying eligible income as: State Government grants; receipts from disposal of land, buildings, and other movable/immovable property; rental receipts from such property; interest and dividend; and fees, tolls, and charges received under the Uttar Pradesh Industrial Area Development Act, 1976. The exemption is conditional on the authority not engaging in any commercial activity, maintaining unchanged activities and the nature of specified income throughout the relevant financial years, and filing its return of income under section 139(4C)(g). The notification is deemed applicable for assessment years 2012-13 to 2015-16 (financial years 2011-12 to 2014-15).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
