Monthly Archive: February 2020

सुप्रीम कोर्ट ऑफ इंडिया ने धारा 12AA पर फैसला देते हुए कहा कि कमिश्नर या चीफ कमिश्नर धारा 12AA में रजिस्ट्रेशन करने का ट्रस्ट या इंस्टिट्यूशन को इस आधार पर मना नहीं कर सकते कि अभी कोई चैरिटेबल एक्टिविटीज नहीं हुई है क्योंकि यह धारा रजिस्ट्रेशन के समय यह देखने के लिए है कि उद्देश्य चैरिटेबल है या नहीं।

सुप्रीम कोर्ट ऑफ इंडिया ने धारा 12AA पर फैसला देते हुए कहा कि कमिश्नर या चीफ कमिश्नर धारा 12AA में रजिस्ट्रेशन करने का ट्रस्ट या इंस्टिट्यूशन को इस आधार पर मना नहीं कर सकते कि अभी कोई चैरिटेबल एक्टिविटीज नहीं…
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12AA, 12AA, Registration 12AA, Supreme Court

February 29, 2020

benefit of exemption under entry No 77 of Notification No 12/2017 CT(R) dated 28.06.2017 (as amended by Notification No 02/2018 dt 25.01.2018), was available to assessee only if maintenance charges (contributions) did not exceed Rs 7500 per month per member and in case charges exceed Rs 7500 per month per member, entire amount was Taxable

M/S. VAISHNAVI SPLENDOUR HOMEOWNERS WELFARE ASSOCIATION APPELLATE AUTHORITY FOR ADVANCE RULING D.P. NAGENDRA KUMAR, MEMBER , M.S. SRIKAR, MEMBER Order No. KAR/AAAR-10/2019-20 Jan 21, 2020 2(17), 2(31), 2(84), 2(102), 7, 8, 9, 17(2), 98, 100 & 101 of Central Goods…
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February 26, 2020

An association collecting annual contributions from its members ensuring maintenance and upkeep of residential complex, in name of corpus funds for future contingencies is liable to pay CGST and SGST as their activities amount to taxable supply of service

M/S. VAISHNAVI SPLENDOUR HOMEOWNERS WELFARE ASSOCIATION APPELLATE AUTHORITY FOR ADVANCE RULING D.P. NAGENDRA KUMAR, MEMBER , M.S. SRIKAR, MEMBER Order No. KAR/AAAR-10/2019-20 Jan 21, 2020 2(17), 2(31), 2(84), 2(102), 7, 8, 9, 17(2), 98, 100 & 101 of Central Goods…
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7, Central Goods & Service Tax Act 2017, GST, Principal of mutuality

February 26, 2020

Formalities to be completed for 80G approval

Process of Obtaining 80G Registration Registration under this section will be processed by the Commissioner of Income Tax after receiving an application from the applicant in Form 10G. The application should be accompanied by the following documents: Form 10G Original…
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Articles, formalities to be completed, HOW TO, Income Tax-How to, Office system, Papers required for filing

February 7, 2020