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...
For AY 2019-20, the option for deemed application of charitable trust income had to be exercised before expiry of the time allowed for filing the return. Form No. 9A filed before the extended return-filing due date met that requirement. The later requirement to furnish Form No. 9A at least two months before the return-filing due date applies prospectively from AY 2023-24. Statutory accumulation or setting apart of income within the permissible fifteen per cent limit is separate from deemed application and does not depend on Form No. 9A, unless the accumulation exceeds that limit.
For AY 2019-20, the option for deemed application of charitable trust income had to be exercised before expiry of the time allowed for filing the return. Form No. 9A filed before the extended return-filing due date met that requirement. The later requirement to furnish Form No. 9A at least two months before the return-filing due date applies prospectively from AY 2023-24. Statutory accumulation or setting apart of income within the permissible fifteen per cent limit is separate from deemed application and does not depend on Form No. 9A, unless the accumulation exceeds that limit.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4916 
