Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
Cancellation for non filing of returns may be dropped where the registered person furnishes all pending returns and pays tax, interest and late fee as required by the proviso to Rule 22(4); the proper officer is empowered to pass FORM GST REG 20 and consider restoration of GST registration upon such compliance. The petitioner was directed to apply within the prescribed period and, on compliance, the authority shall expeditiously consider restoration. Computation of limitation under Section 73(10) runs from this order, with the financial year 2024 25 governed by Section 44.
Cancellation for non filing of returns may be dropped where the registered person furnishes all pending returns and pays tax, interest and late fee as required by the proviso to Rule 22(4); the proper officer is empowered to pass FORM GST REG 20 and consider restoration of GST registration upon such compliance. The petitioner was directed to apply within the prescribed period and, on compliance, the authority shall expeditiously consider restoration. Computation of limitation under Section 73(10) runs from this order, with the financial year 2024 25 governed by Section 44.
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