Interesring Issue : Services of lodging and supply of food to students is Composite supply v. mixed supply ?
Despite admission by the assessee that the purchases were mere accommodation entries, the entire expenditure cannot be disallowed.
Landmark Judgment in GST : Gujarat HC have struck down the second clause of Notification No 20/2018. Now, the textile manufacturers are not required to lapse the ITC .
Interesting Rulling in GST: Supply of food at events organized in the club premises is taxable @ 18% GST
S. 40A(9): The provision is not meant to hit genuine expenditure by an employer for the welfare and the benefit of the employees
Whether deduction u/s 80P(2)(d) can be allowed on the amount of interest and dividend earned on the investment / deposits with the other cooperative societies ?
Unabated assessment could not be disturbed again under section 153A in the absence of incriminating material unearthed during search
Reckoning period of holding in case of purchase of the property where the tenancy right is converted into ownership