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Snehil

Latest Posts by Snehil

TDS on repairs & maintenance of aircraft under Section 194C or 194J?

August 6, 2022 2214 Views 0 comment Print

Air India Ltd. Vs CIT (ITAT Mumbai) Introduction Appeals were filed before the Hon’ble ITAT against the order of the AIR INDIA LIMITED Vs Ld. Commissioner of Income Tax (Appeals), NFAC, Delhi which was pertaining to the assessment years 2016-17, 2017-18,2018-19 and 2019-20. Grounds of appeal The decision of the Joint Commissioner of Income Tax […]

GST Exemption on Annuity – Conundrum in Karnataka

July 24, 2022 1545 Views 0 comment Print

Navigate the complexities of GST exemption on annuity in Karnataka. Explore the legal conundrum surrounding the 43rd GST Council decision and the subsequent clarification on annuity payments for road construction. Understand the arguments, reasons, and findings of the Karnataka High Court, emphasizing the importance of adhering to legal provisions. Stay informed on GST implications for concessionaires.

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