Invalidation of Rectification Order Withdrawing Section 11 Exemption (Section 154) Facts The Assessee: A charitable trust registered under the Income-tax Act. The Filing: For AY 2021-22, the trust filed its return claiming exemption under Section 11. Due to technical issues on the income tax portal, its Form 10B (Audit Report) was refiled on 19-2-2022 after… Read More »
IMPORTANT GST CASE LAWS 24.03.2026 Relevant Act Section Case Law Title / Authority Brief Summary Citation CGST Act, 2017 Section 29 Trillion Lead Factory v. Superintendent An SCN for cancellation is not “vague” if it includes annexed communications (like DGGI reports) that allow the taxpayer to understand and reply to the charges. Click Here CGST… Read More »
IMPORTANT INCOME TAX CASE LAWS 24.03.2026 Relevant Act Section Case Law Title / Authority Brief Summary Citation Income Tax Act Sec 11 & 154 Tehmina K. Katrak Trust v. ITO Exemption under Section 11 accepted in a 143(1) intimation cannot be withdrawn via Section 154 (rectification) as it amounts to an impermissible review of a… Read More »