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...
Statutory accumulation of 15 per cent of charitable income under section 11(1)(a) is distinct from further accumulation under section 11(2). Where charitable eligibility and application of income to charitable objects are satisfied, the statutory retention remains available. Accumulation beyond that limit may be claimed where Form No. 10 is furnished by the extended due date for filing the return, rather than only by the original due date. Charitable exemption should not be denied solely because Form No. 10BB was electronically furnished late if the audit report was available before return processing and substantive exemption conditions were met.
Statutory accumulation of 15 per cent of charitable income under section 11(1)(a) is distinct from further accumulation under section 11(2). Where charitable eligibility and application of income to charitable objects are satisfied, the statutory retention remains available. Accumulation beyond that limit may be claimed where Form No. 10 is furnished by the extended due date for filing the return, rather than only by the original due date. Charitable exemption should not be denied solely because Form No. 10BB was electronically furnished late if the audit report was available before return processing and substantive exemption conditions were met.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
