Retrospective taxation between clubs and members I Striking down the jurisprudence

by | Apr 9, 2021 | Articles

NITYA Tax Associates is proud to present their recent write-up in the ‘Article’ series on trending indirect tax issues. A gist of the next article in the series is as under:

Article 60 – “Retrospective taxation between clubs and members I Striking down the jurisprudence” 

Taxation of clubs and associations has always been a contentious issue both under erstwhile as well as GST regime. The Supreme Court judgement provided relief to taxpayers upholding the ‘Principle of Mutuality’ between clubs and its members. In light of such judgement and to put an end to this dispute in favour of revenue, the Government proposed an amendment in Central Goods and Services Tax Act, 2017 through Finance Bill 2021 to expand the scope of ‘supply’ so as to include transactions between clubs and members with retrospective effect.

Through this article, Our Partner, Mr. Deepak Suneja, Managing Associate, Ms. Aasmee Mangla and Executive Ms. Ayushi Jindal have analyzed the validity of proposed retrospective amendment and discussed the way forward for taxpayers.

Please click on the below link to read our latest article titled Retrospective taxation between clubs and members I Striking down the jurisprudence on the issue.

NITYA I Article 60 I Retrospective taxation between clubs and members I Striking down the jurisprudence

 

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