The Karnataka Authority of Advanced Ruling (AAR) ruled that damages from tenant towards termination of sub-lease before end of lock-in period amounts to consideration for supply and that 18% Goods and Service Tax (GST) is applicable. The issue to be decided was whether damages received by the applicant amounting to Rs.1,85,00,000/- from the tenant towards…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now
