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        <title>Tax Updates - Daily Update</title>
        <link>https://www.taxtmi.com</link>
        <description>One stop solution for Direct Taxes and Indirect Taxes and Corporate Laws in India</description>
        <category>Business/Tax/Law/GST/India/Taxation/Policies/Legal/Corporate Tax/Personal Tax/Vat Law/Legal Information/Tax Information/Legal Services/Tax Services</category>
        <copyright>TaxTMI.Com / MS Knowledge Processing Pvt. Ltd. All rights reserved.</copyright>
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        <ttl>60</ttl>
        <item>
<title>Unexplained CESS in GSTR1 Equal to Invoice Amount</title>
<link>/forum/issue?id=121028</link>
<guid isPermaLink="true">/forum/issue?id=121028</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Erroneous Compensation Cess auto-population may occur when GSTR-1 B2B invoices show total invoice value as cess despite no cess being reported, causing incorrect cess liability in GSTR-3B. Correction may be attempted through GSTR-1A, where available, by amending affected invoices to reduce cess to zero. If the facility is unavailable or closed, amendment in a subsequent return may be required, with assistance from the jurisdictional GST office where portal editing is disabled.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Whether commission retained by an overseas freelance marketplace is consideration for OIDAR service or intermediary service under the IGST Act?</title>
<link>/forum/issue?id=121031</link>
<guid isPermaLink="true">/forum/issue?id=121031</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Commission-based online freelance marketplace services require classification by reference to the distinct digital platform service supplied to freelancers. The service may be characterised as OIDAR where it is delivered through an electronic network and cannot be ensured without information technology, notwithstanding its role in facilitating freelance contracts. A competing characterisation is intermediary service, making the exact nature of the facilitation decisive for place-of-supply treatment. The discussion records differing views on OIDAR treatment, registration, reverse charge and tax collection, without identified clarification specifically concerning such platforms under the amended OIDAR definition.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GSTR 3B not filled by Supplier</title>
<link>/forum/issue?id=121032</link>
<guid isPermaLink="true">/forum/issue?id=121032</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Input tax credit auto-populated from a supplier's GSTR-1 may be disputed if the supplier has not filed GSTR-3B or deposited tax. A recipient replying to ASMT-10 should seek supplier compliance and provide GSTR-3B proof, invoices, e-way bills, payment evidence and transportation records. Rule 37A may govern reversal implications, subject to its applicability for the relevant period. Monitoring supplier filing status and vendor due diligence are important compliance measures.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST obligation on reward points received.</title>
<link>/forum/issue?id=121009</link>
<guid isPermaLink="true">/forum/issue?id=121009</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Reward points received on meeting a fuel-card usage threshold are treated as an incentive or discount rather than consideration for a taxable supply. A tax deduction at source entry or Form 26AS entry does not by itself create GST liability. Unless the recipient is independently obliged to provide goods or services to the oil company in exchange for the points, no GST is payable and the points need not be reported as an outward supply in the GST return.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Invoice correction in GSTR - 1</title>
<link>/forum/issue?id=121021</link>
<guid isPermaLink="true">/forum/issue?id=121021</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GSTR-1 invoice-number correction may be made by amending an erroneously reported duplicate invoice number, including by using an alphabetic suffix, to address a serial-number mismatch in later reporting. An alternative is to revise the invoice number and report a corresponding credit note through GSTR-1A before filing GSTR-3B. Where the recipient is registered, acceptance of the revised invoice and related credit note should be coordinated; amendment in the subsequent month's GSTR-1 with an addendum credit note is also mentioned.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Invoice issued at wrong GSTIN which is now cancelled</title>
<link>/forum/issue?id=121022</link>
<guid isPermaLink="true">/forum/issue?id=121022</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST portal validations may prevent amendment or credit-note reporting for a B2B invoice issued to a GSTIN cancelled before invoice issuance, although cancellation of the recipient GSTIN does not expressly bar issuance of a credit note. The suggested approach is to issue a manual credit note, raise a fresh invoice to the correct GSTIN, and seek written intervention from the jurisdictional GST officer or GSTN for the tax adjustment. A refund route may be considered if return-level adjustment is unavailable.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>E way bill requirement for movement of goods from Old premises to New Premises</title>
<link>/forum/issue?id=121019</link>
<guid isPermaLink="true">/forum/issue?id=121019</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Movement of goods from an old to a new business premises, otherwise than by way of supply, should be covered by a delivery challan. An e-way bill is stated to be mandatory where the consignment value exceeds the applicable threshold, regardless of the short distance involved. The e-way bill accompanies rather than replaces the underlying movement document and should identify movement between locations under the same GST registration. Pending registration of the new premises, supporting records should be retained.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST in case of Affordable Residential Apartments</title>
<link>/forum/issue?id=121017</link>
<guid isPermaLink="true">/forum/issue?id=121017</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST implications in a joint development residential project are discussed for apartments allocated to a landowner and developer but unsold when the occupancy certificate is issued. The views differ on whether the developer pays GST on construction services supplied through apartments transferred to the landowner and on unsold retained apartments. The discussion also addresses the absence of input tax credit and the developer's possible reverse-charge liability on the value of transfer of development rights.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Request clarification on export.</title>
<link>/forum/issue?id=121020</link>
<guid isPermaLink="true">/forum/issue?id=121020</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Advance payment received for machinery exports remains subject to FEMA export-completion and monitoring requirements where shipment is delayed by geopolitical disruption. Export is required within three years of receiving advance payment; after that period, refund of unutilised advance or payment of interest requires prior Reserve Bank approval. Receipt without a shipping bill leaves the transaction outstanding in EDPMS until completion, regularisation or closure. The exporter should notify the AD Bank, retain supporting evidence, amend the contract if delivery continues, and process any cancellation refund through the AD Bank.]]></description>
<category>FEMA</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Eligibility of Input Tax Credit (ITC) on Lease of a Sugar Factory under a Rehabilitate-Operate-Transfer (ROT) Agreement Covering Land, Building, Plant  Machinery, and Corporeal Rights</title>
<link>/forum/issue?id=121024</link>
<guid isPermaLink="true">/forum/issue?id=121024</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Input tax credit on GST charged for leasing a functioning sugar factory under a Rehabilitate-Operate-Transfer arrangement may extend to the entire taxable leasing service where the lease is documented as a single business lease and invoiced as one taxable leasing service. Credit need not be limited to plant and machinery, subject to fulfilment of input tax credit conditions and documentation requirements. Use of leased assets for both taxable and exempt outward supplies requires proportionate credit reversal or apportionment under applicable rules.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Query Regarding GST, ITR Reporting, and Books of Account for Export of Services</title>
<link>/forum/issue?id=121025</link>
<guid isPermaLink="true">/forum/issue?id=121025</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Income-tax books may be maintained on either cash or accrual basis, but the chosen method should be applied consistently. Where an export invoice has been reported for GST on an accrual basis, the same basis for income-tax reporting is advised to facilitate reconciliation with GST turnover. Records should include invoices, inward-remittance evidence, contracts or work orders, and proof of service delivery. Foreign-exchange receipt timelines, applicable SOFTEX or export declaration reporting, and FEMA-related compliance should be observed. A change in accounting method requires reasonable justification and may attract scrutiny.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Applicability of Rule 86b i.e, 1% payment of tax in cash applicable to cess also?</title>
<link>/forum/issue?id=121026</link>
<guid isPermaLink="true">/forum/issue?id=121026</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Rule 86B restricts use of electronic credit ledger balances for discharging output tax liability beyond the prescribed limit. The discussion predominantly treats compensation cess as outside this restriction because it is an independent levy, is not imposed under the CGST Act, and operates through a separate credit pool. A contrary view suggests that compensation cess credit in the electronic credit ledger may be subject to the same restriction.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST rate for land owner after completion of residential apartments</title>
<link>/forum/issue?id=121027</link>
<guid isPermaLink="true">/forum/issue?id=121027</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST on residential apartments allotted to a landowner under a joint development agreement is discussed by reference to valuation based on similar apartments sold to independent buyers. Where the adopted value includes land or an undivided share of land, tax may be charged at 3.75% CGST and 3.75% SGST after a one-third land deduction. The land component is treated as outside GST under Schedule III, while the developer's tax responsibility for the respective shares depends on the agreement terms.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Whether GST Registration is Mandatory for a Person Exclusively Engaged in Export of Services Exceeding the Threshold Limit – Applicability of Section 23 of the CGST Act</title>
<link>/forum/issue?id=121033</link>
<guid isPermaLink="true">/forum/issue?id=121033</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Export of services is discussed as a zero-rated taxable supply, not an exempt or non-taxable supply. Accordingly, the registration exclusion for persons exclusively supplying exempt or non-taxable goods or services is stated not to cover exporters solely because they have no domestic supplies, do not claim input tax credit or refund, and do not furnish a letter of undertaking. The replies characterise exports as inter-State supplies and state that registration is required where the applicable turnover conditions are met.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Whether GST Cross-Charge is Required on Recovery of Common Development Cost from Group Entities?</title>
<link>/forum/issue?id=121008</link>
<guid isPermaLink="true">/forum/issue?id=121008</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Common digital portal development costs allocated by a head office to other GST registrations may be treated as a supply between distinct persons, requiring a cross-charge tax invoice and valuation under the applicable rule rather than treatment as mere reimbursement or cost sharing. Input tax credit on common costs may be distributed through an Input Service Distributor registration among relevant GST registrations; the discussion states that this mechanism is mandatory from 1 April 2025.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Interest on ITC correctly availed but reversed as supplier failed to remit tax to the Govt.</title>
<link>/forum/issue?id=121007</link>
<guid isPermaLink="true">/forum/issue?id=121007</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Input tax credit may be treated as irregular where the supplier has not remitted the corresponding tax to the Government, since supplier tax payment is identified as a condition of entitlement to credit. Interest is considered payable where the resulting ineligible credit has been utilised. The discussion distinguishes unutilised credit from utilised credit, indicating that interest may not arise where sufficient credit remained continuously unutilised to cover the reversal. Continued availability and utilisation of credit made ineligible by supplier non-payment may constitute wrongly availed and utilised credit.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Quality control order Process-reg</title>
<link>/forum/issue?id=120990</link>
<guid isPermaLink="true">/forum/issue?id=120990</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Quality Control Order compliance for imported steel pipes requires applicable BIS certification and mandatory registration before Customs clearance. If a product covered by mandatory BIS standards is imported without the required certification, Customs may refuse clearance. The discussion identifies re-export after adjudication as a possible option where clearance cannot be obtained and advises importers to verify product coverage under the applicable standards and follow the prescribed certification process.]]></description>
<category>Customs</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST Evasion Matters cannot be investigated by other enforcement agencies like ED Or CBI</title>
<link>/forum/issue?id=121011</link>
<guid isPermaLink="true">/forum/issue?id=121011</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST evasion is primarily addressed through the specialised enforcement machinery under the GST law, but other enforcement agencies may enquire into exceptional serious matters involving offences within their respective domains, such as fake-tax-invoice activity and bribery. Where conduct constitutes offences under more than one enactment, prosecution may proceed under the applicable laws, subject to the bar against double punishment for the same offence. Double jeopardy does not prevent separate proceedings where the alleged offences contain distinct legal ingredients.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Additional demand in the order, not raised in the SCN but discussed in Personal Hearing.</title>
<link>/forum/issue?id=121029</link>
<guid isPermaLink="true">/forum/issue?id=121029</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST adjudication demands must remain within the scope and quantum proposed in the show-cause notice under section 75(7). Discrepancies identified from documents submitted after the notice cannot support an additional demand unless they formed part of the notice proposal. Discussion at personal hearing does not enlarge the notice, as hearing is part of adjudication. An appropriate corrigendum or addendum should be issued before adjudication where additional grounds or liability are proposed, ensuring the taxpayer has notice of the case to be answered.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST on sale of goods lying in customs warehouse, before payment of customs duty</title>
<link>/forum/issue?id=121006</link>
<guid isPermaLink="true">/forum/issue?id=121006</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A sale of imported goods from X to Y while the goods remain in a customs warehouse and before clearance for home consumption is considered under paragraph 8(a) of Schedule III of the CGST Act. The stated view is that such a pre-clearance supply of warehoused goods is neither a supply of goods nor services and is outside GST. Clearance follows payment of customs duty and grant of an Out of Charge order; a sale after that stage is a domestic taxable supply. The discussion distinguishes the transaction from a high-sea sale.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST on sale of goods lying in customs warehouse, before payment of customs duty</title>
<link>/forum/issue?id=121005</link>
<guid isPermaLink="true">/forum/issue?id=121005</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Supply of warehoused imported goods before clearance for home consumption is neither a supply of goods nor a supply of services and is not liable to GST. Clearance for home consumption requires payment of assessed import duty and applicable charges, satisfaction that goods are not prohibited, and an order permitting clearance by the proper officer.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST on Doctor consultancy services provided by a private limited company.</title>
<link>/forum/issue?id=121004</link>
<guid isPermaLink="true">/forum/issue?id=121004</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST exemption for healthcare services may apply where a company operates a clinic, employs qualified doctors, contracts with patients and invoices medical consultation, diagnosis or treatment in its own name. The exemption is not confined to individual doctors, but depends on the company qualifying as a clinical establishment by its activities. Infrastructure, agency, management-support and separately supplied non-healthcare services require separate GST treatment. Although clinical registration is not expressly required by the exemption notification, failure to obtain registration mandatory under State law may weaken the claim and create regulatory exposure.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST compliance towards Goods lost in transit</title>
<link>/forum/issue?id=121030</link>
<guid isPermaLink="true">/forum/issue?id=121030</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Where goods invoiced for sale are destroyed in transit, the supplier may issue a credit note to the recipient to nullify the tax liability relating to those goods and raise a debit note on the insurer for recovery of the loss. No GST applies to the insurance settlement. Input tax credit availed in respect of the destroyed goods is required to be reversed.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Expert Views Required - MOOWR for Trading Model  Customs Duty on Used Capital Goods at Ex-Bond Clearance</title>
<link>/forum/issue?id=121003</link>
<guid isPermaLink="true">/forum/issue?id=121003</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[MOOWR may be available to an importing trading entity undertaking inspection, testing, repacking, relabelling, barcode affixation and kitting, as the cited definition of manufacture includes repacking, labelling and testing. Customs duty is deferred until domestic tariff area clearance. MOOWR is a duty-deferment, not a duty-exemption, scheme; consequently, the discussion states that capital goods used in manufacturing and later cleared into the domestic tariff area do not receive depreciation benefit under current provisions.]]></description>
<category>Customs</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Amendment of Existing Trust Deeds</title>
<link>/forum/issue?id=120982</link>
<guid isPermaLink="true">/forum/issue?id=120982</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Amendment of existing NGO trust deeds is not considered necessary while the Income-tax Act, 2025 has not been enacted; trusts should continue to comply with the Income-tax Act, 1961. If the new Act is enacted and materially affects the deed, including investment patterns or charitable objects, amendment and intimation or re-registration with the Commissioner or Principal Commissioner of Income Tax may be required.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Capital Gain Computation - u/s. 50AA can apply in Foreign Bonds - Listed or Unlisted in US</title>
<link>/forum/issue?id=121018</link>
<guid isPermaLink="true">/forum/issue?id=121018</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[BSV and BND are described as U.S.-listed ETF units rather than direct bond holdings, debentures, structured notes, or market-linked debt instruments. The relevant asset is the security transferred, not the nature of the ETF's underlying investments. Therefore, the bond-heavy composition of these ETFs does not by itself bring their sale within Section 50AA. Direct sales of U.S. corporate or government bonds, or structured notes, would require separate examination, subject to verifying that the securities sold were ETF units.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Capital Gain Tax Computation - u/s 50AA can apply in Foreign Securities (US)</title>
<link>/forum/issue?id=121016</link>
<guid isPermaLink="true">/forum/issue?id=121016</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Direct holdings in U.S.-listed ETFs, including BSV and BND, are described as outside the specified mutual fund framework under Section 50AA. Although these ETFs invest in bonds, the transferred asset is the ETF unit, not the underlying bonds, and the units are not thereby treated as market-linked debentures. Section 50AA therefore cannot be applied solely because the portfolio contains debt securities. If individual U.S. Treasury or corporate bonds were transferred instead, applicability would require separate examination based on the legal nature of the instrument actually sold.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Interpretation of Rule 86B - Whether</title>
<link>/forum/issue?id=121014</link>
<guid isPermaLink="true">/forum/issue?id=121014</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Interpretation of the first proviso to Rule 86B of the CGST Rules, 2017 was discussed in relation to the income-tax return filing condition requiring payment of income tax exceeding the prescribed threshold in each of the last two financial years for which the time limit under section 139(1) has expired. The issue was whether this exception should be applied dynamically for each GST tax period, with the relevant two financial years changing when a later due date expires during the year, or whether the two financial years should remain fixed throughout the GST financial year.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Allowability of Exemption under Section 10(14)(i) under the New Tax Regime</title>
<link>/forum/issue?id=121015</link>
<guid isPermaLink="true">/forum/issue?id=121015</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Exemption under Section 10(14)(i) is generally not available under the new tax regime under Section 115BAC, except for specified allowances notified by the Central Government. Duty-related allowances such as travelling allowance for tour or transfer, daily allowance on official tour, conveyance allowance for official duties, ordinary daily charges away from the normal place of duty, and transport allowance for a divyang employee continue to be exempt, while HRA and most other allowances do not.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>CSR funding for a society</title>
<link>/forum/issue?id=121013</link>
<guid isPermaLink="true">/forum/issue?id=121013</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[CSR activities may be carried on through a registered society established by a company, either alone or jointly with other companies, and the three-year track record requirement does not apply where the implementing agency is so established. Once the society is registered as an eligible implementing agency under the CSR framework, it may receive CSR funding from other companies as well, and those contributing companies may generally treat the expenditure as CSR spend if the activity falls within Schedule VII and the remaining statutory and disclosure conditions are met.]]></description>
<category>Corporate Laws</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Capital Gain Tax Applicability</title>
<link>/forum/issue?id=120957</link>
<guid isPermaLink="true">/forum/issue?id=120957</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Capital gains consequences depend on the legal nature of the settlement and the documents executed. If the original owner receives apartments in lieu of his land claim and relinquishes rights in the land, the arrangement may amount to a transfer and capital gains may arise, with consideration generally taken as the fair market value of the apartments. Section 78 is not automatic and applies only if the statutory conditions for transfer of land or building for inadequate consideration are satisfied.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Is Form 10E applicable for Notice Pay received in Full  Final Settlement?</title>
<link>/forum/issue?id=121012</link>
<guid isPermaLink="true">/forum/issue?id=121012</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Notice pay received in a full and final settlement may be examined for relief under Section 89 where a portion of the amount relates to a later financial year but is received and taxed earlier. Relief is available only if the payment qualifies as salary received in advance and the computation under Rule 21A shows that earlier taxation created an additional tax burden. Form 10E should be filed before filing the return, but the actual relief may still be nil if the comparison does not produce any difference in tax liability.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Society established for CSR, can company avoid 3 year track record requirement if added as member</title>
<link>/forum/issue?id=121010</link>
<guid isPermaLink="true">/forum/issue?id=121010</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[The CSR implementing agency track record exemption applies only where the society is genuinely established by the company or jointly with other companies, and an independent society ordinarily needs a three-year track record of similar activities. Later amendment of objects or admission of the company as a member will not usually convert a society originally formed by individuals into one established by the company; incorporation documents, founding members, Board resolutions, funding, and governance will be examined. PAN and the relevant income-tax registrations are also required before the society can function as an eligible CSR implementing agency.]]></description>
<category>Corporate Laws</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Opinion required on GST ITC eligibility on CETP / drainage contribution and ROU charges paid to GIDC</title>
<link>/forum/issue?id=120998</link>
<guid isPermaLink="true">/forum/issue?id=120998</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Input tax credit on GST charged by GIDC for CETP contribution, drainage connection contribution, 90 MLD drainage line contribution, ROU permission charges, interest or penal interest, refundable deposits, and pipeline-related payments depends on the nature of each component and the character of the underlying facility. Where the drainage and CETP system is a common industrial infrastructure owned, operated, and maintained by GIDC for effluent treatment in the course of manufacturing business, the payments are discussed as potential input services rather than construction of immovable property on the company's own account.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>is tax audit mandatory while opting out of 44AD.</title>
<link>/forum/issue?id=120986</link>
<guid isPermaLink="true">/forum/issue?id=120986</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A partnership firm that has used section 44AD for the first three years and then opts out from the fourth year becomes subject to the withdrawal consequences in section 44AD(4). The firm must maintain books of account under section 44AA and, where section 44AD(5) applies, get its accounts audited under section 44AB. For a partnership firm, any taxable income triggers this compliance requirement, so audit can be mandatory even where turnover is below the ordinary audit threshold.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Foreign Exchange rate Conversion for getting credit of Federal Tax paid in Foreign currency- Foreign Tax Credit u/s.90</title>
<link>/forum/issue?id=120987</link>
<guid isPermaLink="true">/forum/issue?id=120987</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Foreign salary income is converted under Rule 115 at the telegraphic transfer buying rate on the last day of the month immediately preceding the month in which salary is paid. Foreign tax credit is converted separately under Rule 128(9) at the telegraphic transfer buying rate on the last day of the month immediately preceding the month in which the foreign tax was deducted or paid, so the two conversions need not use the same exchange rate.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Notice issued u/s 148 of Income Tax</title>
<link>/forum/issue?id=120997</link>
<guid isPermaLink="true">/forum/issue?id=120997</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A reassessment notice under section 148 based on property purchase information may be challenged where the pre-notice procedure under section 148A was not followed. The assessee should verify the assessment records, notice history, DIN-based communications, and service details before relying on the jurisdictional objection. In parallel, the source of investment in the property should be substantiated with supporting evidence, and both jurisdictional and factual grounds should be raised together in appeal.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>I loan my wife at 4%, she puts it in fd at 7%</title>
<link>/forum/issue?id=121001</link>
<guid isPermaLink="true">/forum/issue?id=121001</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A spouse may be advanced funds through a genuine loan, even at a concessional interest rate, if supported by a written agreement, actual payment of interest, bank trail, and repayment terms. The main tax concern is clubbing of income where funds are transferred to a spouse without adequate consideration and the resulting income is attributed back to the transferor. A below-market loan used for earning deposit income creates a more debatable position than a market-rate loan.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GSTR-1 Reporting of Sales made by SEZ to DTA unit</title>
<link>/forum/issue?id=120945</link>
<guid isPermaLink="true">/forum/issue?id=120945</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[SEZ supplies of scrap to a DTA buyer, where the buyer files a Bill of Entry and pays customs duty and IGST, raise the reporting position in GSTR-1. The discussion records competing views: one view treats the transaction as not requiring disclosure in GSTR-1 or GSTR-3B because tax is discharged through customs and the taxable value is nil; another view says the SEZ supplier should report it as a regular inter-state B2B taxable supply; and a further view suggests disclosure under Table 8 as a nil-rated, exempt, or non-GST supply.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Asking for GST Rate of HSN Code 28530010</title>
<link>/forum/issue?id=120970</link>
<guid isPermaLink="true">/forum/issue?id=120970</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST rate for distilled or demineralised water under HSN 28530010 depends on the exact wording of the applicable rate notification entry. The discussion notes that classification under Heading 2853 may be clear, but a concessional rate cannot be automatically extended if the notification specifically refers only to compressed air or otherwise restricts the description. Where no specific entry covers distilled water, the residual entry may apply, so the notification text must be checked carefully.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>SAC Code and GST Rate on Commission/Fee in respect of Integrated Courses</title>
<link>/forum/issue?id=121000</link>
<guid isPermaLink="true">/forum/issue?id=121000</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Services supplied by an NSDC-affiliated training partner to universities for integrated undergraduate and postgraduate programmes were described as faculty-led educational instruction delivered at the partner's own premises with its own infrastructure, study materials and support services. The universities retained academic control, regulatory approvals, examinations, convocation, degree award and direct collection of tuition fees, while the partner received a commission or fee based on a percentage of net tuition fees. The view expressed was that the principal supply was educational instruction under Heading 9992, with SAC 999249 as the most appropriate classification.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST Registration Query........</title>
<link>/forum/issue?id=120999</link>
<guid isPermaLink="true">/forum/issue?id=120999</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST registration threshold for rental income and fixed deposit interest turns on whether fixed deposit interest is included in aggregate turnover. One view treats interest on deposits as an exempt supply and counts it for registration purposes. Another view says the depositor makes no supply, so the interest cannot be added to aggregate turnover. The discussion contrasts statutory definitions, exemption treatment, FAQs, advance rulings, and the distinction between consideration and supply.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Sec.12(3)(a) - Place of supply</title>
<link>/forum/issue?id=120996</link>
<guid isPermaLink="true">/forum/issue?id=120996</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Manpower supply used in construction of immovable property is not a service directly in relation to immovable property under section 12(3)(a) of the IGST Act. The service is a supply of workforce to the recipient, and the connection with the immovable property is only indirect. Therefore, the general place of supply rule under section 12(2) applies for services supplied to a registered person, making the place of supply the location of the recipient.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST Taxability....................</title>
<link>/forum/issue?id=120994</link>
<guid isPermaLink="true">/forum/issue?id=120994</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[GST exemption for sanitation services is recipient-specific and service-specific, so it applies only when the service is supplied directly to the notified recipient such as a municipal corporation or local authority. If the work is assigned or subcontracted and a third party invoices for the sanitation services, the exemption is not available to that third party because the supply is not made directly to the exempt recipient. The discussion also notes the concern that this approach may create embedded GST cost in public welfare functions where input tax credit is unavailable.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST Liability on Pure Services provided in connection with Development of Roads</title>
<link>/forum/issue?id=120974</link>
<guid isPermaLink="true">/forum/issue?id=120974</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Pure services by a statutory body for road and bridge projects were considered under Entry 3 of Notification No. 12/2017-Central Tax (Rate), which exempts pure services supplied to Government when rendered in relation to functions entrusted to a Panchayat or Municipality under Articles 243G and 243W. The discussion focused on whether planning, DPR preparation, tendering, supervision, and project management for State Highways have a sufficient nexus with the constitutional functions concerning roads and bridges, and whether the exemption is limited to Panchayat or municipal roads. Where exemption is unavailable, the services were discussed as engineering or project management services under SAC 9983, taxable at the standard GST rate.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Condition for qualifying as</title>
<link>/forum/issue?id=121002</link>
<guid isPermaLink="true">/forum/issue?id=121002</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[A registered limited liability partnership providing multidisciplinary rehabilitation and mental healthcare services through recognised professionals, and registered with the municipality as a psychiatric clinic, is treated as a clinical establishment for exemption purposes under Notification No. 12/2017-Central Tax (Rate). The decisive factor is the functional character of the institution as a healthcare provider, not its corporate form or registration label. Registration under the Clinical Establishments Act, 2010, is not a mandatory precondition, and the exemption is confined to healthcare services, not consultancy, training, wellness, or cosmetics.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>GST on supply of Printed Textbooks by Coaching Institute</title>
<link>/forum/issue?id=120991</link>
<guid isPermaLink="true">/forum/issue?id=120991</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Printed textbooks supplied by a coaching institute must be tested to see whether they form part of a composite supply with coaching services or constitute a separate supply. If the books are integral to the coaching package, they are taxed with the principal service. If supplied independently, including as an optional item or at a concessional price, they may be treated as exempt printed books under Heading 4901, subject to classification conditions. E-materials and online study materials are generally taxable as digital or online services.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Can I Use My Brand Before Trademark Registration?</title>
<link>/forum/issue?id=120995</link>
<guid isPermaLink="true">/forum/issue?id=120995</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Using a brand name or logo before trademark registration carries legal risk because the application may still be under examination and full protection is not yet available. The guidance advises that a business should not hurry to use the trademark before registration, since another person may later claim ownership during this period.]]></description>
<category>TaxLaws</category>
<category>Discussion-Forum</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Do Housewives Need to File ITR? (FY 2025-26 / AY 2026-27)</title>
<link>/forum/issue?id=120992</link>
<guid isPermaLink="true">/forum/issue?id=120992</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Housewives are not always required to file an income tax return, but filing becomes compulsory where income from fixed deposit interest, rent, freelancing, home business, YouTube or blogging, or capital gains exceeds the basic exemption limit. It is also stated to be mandatory for high-value transactions, foreign assets or foreign income, and to claim TDS refunds. Even with nil taxable income, voluntary filing may help with loan eligibility, visa processing, financial documentation, and business growth.]]></description>
<category>Income Tax</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
        <item>
<title>Suppliers GSTR-3B Not Filed Status</title>
<link>/forum/issue?id=120993</link>
<guid isPermaLink="true">/forum/issue?id=120993</guid>
<pubDate>Sun, 19 Jul 2026 21:36:39 +0530</pubDate>
<description><![CDATA[Input tax credit disputes may arise where invoices are marked as "GSTR-3B not filed cases" even though the supplier's returns for the relevant months have been filed. The suggested response is to rely on Rule 37A and supporting return evidence to show corresponding GSTR-3B compliance, so that reversal of credit is not required merely on the basis of the notice status. Self-attested copies of GSTR-3B and GSTR-1, with acknowledgment from the jurisdictional officer, may be submitted as documentary support.]]></description>
<category>GST</category>
<category>Discussion-Forum</category>
<category>TaxLaws</category>
<category>TaxTMI</category>
        </item>
<item>
<title>TMI Updates - Newsletter dated: July 19, 2026</title>
<link>https://www.taxtmi.com/newsletter?id=07/19/2026</link>
<guid isPermaLink="true">https://www.taxtmi.com/newsletter?id=07/19/2026</guid>
<description><![CDATA[Newsletter for tax updates and legal information]]></description>
<category>Daily Updates</category>
<category>Tax</category>
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