SC: Subsidy Taxability Depends on its Purpose under The Income Tax Law  ||  MP HC:Revenue Authority’s Decision Can’t Operate as Res Judicata in Absence of Express Statutory Bar  ||  SC: Breakup Followed by Suicide does not Automatically Amount to Abetment to Suicide  ||  SC: Election Petition under Representation of the People Act Must be Filed Personally by Petitioner  ||  Patna HC: Template Arrest Memo cannot Satisfy Mandate under Article 22 of Constitution  ||  MP HC: Delayed Cruelty FIR not Counterblast When Wife “Remains Silent” to Save her Married Life  ||  MP HC:Revenue Authority’s Decision Can’t Operate as Res Judicata in Absence of Express Statutory Bar  ||  Patna HC: Signature Mismatch alone cannot Prove OMR Tampering  ||  J&K&L HC: Bail can be Set Aside if Contrary to Statutory Mandate  ||  Kerala HC: Headmistress’s Churidar cannot Bar Entry, Clothing Choice is A Fundamental Right    

AAR, Karnataka: Homeowner Association Liable to Pay GST on Contributions Made by Members - (12 Feb 2020)

GOODS AND SERVICES TAX

Authority of Advance Ruling (AAR), Karnataka has held that the homeowner association is liable to pay Central Goods and Service Tax and State Goods and Service Tax on contributions made by its members. Further, the Authority has held that the applicant can avail of the exemption on the condition that the contribution made by the members is not more than Rs. 7,500, and the corpus funds are not taxable.

Tags : AUTHORITY FOR ADVANCE RULING   HOMEOWNER ASSOCIATION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved