Penalty for estimation of income and disallowances for tax non-deduction clarified: estimation-based penalties not sustainable; additions without conc...
Managerial remuneration disallowance under s.40A(2)(b) challenged over alleged tax-avoidance; appellate decision restored deletion of addition for dir...
Classification of imported goods as electronic cigarette versus tobacco product reversed for lack of proof; order set aside for jurisdictional overrea...
Recoveries by a resident welfare association for water and electricity, even if billed separately and on actual-cost basis, are treated as part of its maintenance service to members and constitute consideration for supply; they are taxable subject to the membership-organisation exemption ceiling. Costs procured and billed in the association's name do not meet the pure agent conditions and are includible in the composite supply. Contributions to a corpus fund are advances for future supply and trigger GST at receipt under time-of-supply rules. Community centre subscriptions qualify as membership maintenance services and benefit from the exemption subject to the prescribed ceiling and conditions.
Recoveries by a resident welfare association for water and electricity, even if billed separately and on actual-cost basis, are treated as part of its maintenance service to members and constitute consideration for supply; they are taxable subject to the membership-organisation exemption ceiling. Costs procured and billed in the association's name do not meet the pure agent conditions and are includible in the composite supply. Contributions to a corpus fund are advances for future supply and trigger GST at receipt under time-of-supply rules. Community centre subscriptions qualify as membership maintenance services and benefit from the exemption subject to the prescribed ceiling and conditions.
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