Attachment and proclamation of sale of immovable property: limitation treated from financial year end; proclamation held within period, petition dismi...
Second Schedule attachment and validity of a post-notice mortgage: TRO cannot declare mortgage void ab initio; sale and appropriation allowed thereaft...
Limitation for final assessment under sections 144C and 153 treated jointly, resulting in quashing of timebarred assessment order and liberty to reviv...
Entry No.77 exemption for housing associations applies month-wise and cannot be aggregated across invoicing periods, making eligibility assessable each month. Water procured and distributed as part of upkeep is an incidental component of a composite supply whose principal supply is maintenance services, and thus the water component is taxable within that composite service. Collections labelled as corpus or sinking funds are advances for future services and trigger GST at receipt under the time-of-supply rules. Accounting treatments such as capitalization or depreciation do not affect levy or timing of tax. Sinking/corpus funds must not be clubbed with recurring maintenance for exemption eligibility. Voluntary festival donations without quid pro quo are not taxable supplies.
Entry No.77 exemption for housing associations applies month-wise and cannot be aggregated across invoicing periods, making eligibility assessable each month. Water procured and distributed as part of upkeep is an incidental component of a composite supply whose principal supply is maintenance services, and thus the water component is taxable within that composite service. Collections labelled as corpus or sinking funds are advances for future services and trigger GST at receipt under the time-of-supply rules. Accounting treatments such as capitalization or depreciation do not affect levy or timing of tax. Sinking/corpus funds must not be clubbed with recurring maintenance for exemption eligibility. Voluntary festival donations without quid pro quo are not taxable supplies.
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