Effective service requirement: officers must explore alternative service modes beyond the GST portal and afford personal hearing; non-compliance voids...
Permanent Establishment and Business Connection: foreign consultancy receipts not attributable where no fixed base or corporate veil piercing establis...
Notification notifies a specified development authority as an authority for the purposes of clause 46A of section 10 of the Income-tax Act, thereby exempting its specified income; the exemption is made effective from assessment year 2025-26 subject to the condition that the authority continues to be constituted under the State urban planning and development statute and retains one or more of the purposes specified in the clause, and the notification is issued by the Central Board of Direct Taxes. The explanatory memorandum certifies that retrospective effect to the year of application does not adversely affect any person.
Notification notifies a specified development authority as an authority for the purposes of clause 46A of section 10 of the Income-tax Act, thereby exempting its specified income; the exemption is made effective from assessment year 2025-26 subject to the condition that the authority continues to be constituted under the State urban planning and development statute and retains one or more of the purposes specified in the clause, and the notification is issued by the Central Board of Direct Taxes. The explanatory memorandum certifies that retrospective effect to the year of application does not adversely affect any person.
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