Friday, June 19, 2020

Interest on PPF, Savings, Personal Loans etc., to be used for calculating GST Registration for Individuals: AAR [Read Order]

The Authority for Advance Ruling (AAR) while considering an application by an individual ruled that the value of exempted income, like interest on PPF, savings bank account and loans given to family/friends, will be included along with taxable supplies while calculating the threshold limit for obtaining GST registration. The individual, in his application, had disclosed […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3dgS338

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