Section 16(5) overrides Section 16(4) time-limits for FY 2017-18 to 2020-21 if returns were filed by 30.11.2021. The Dispute: The 16(4) Deadlock The Conflict: For FY 2018-19, the petitioner filed their March 2019 return on 28.10.2019. The Revenue’s Stance: Under the original Section 16(4), the deadline to claim ITC for FY 2018-19 was the due… Read More »
Education Cess, SHEC, and KKC cannot be transitioned into GST as they are not cross-utilizable. The Dispute: “Dead” Cess vs. GST Credit The Conflict: The petitioner (a gold loan financing company) had accumulated credit balances of Education Cess (EC), Secondary and Higher Education Cess (SHEC), and Krishi Kalyan Cess (KKC) in their final Service Tax… Read More »
Appellate Authorities cannot dismiss appeals for non-appearance; they must pass a reasoned order on merits. The Dispute: Summary Dismissal vs. Speaking Order The Conflict: The assessee filed an appeal against a GST demand, raising specific technical grounds: Procedural Lapses: That they had replied to the show-cause notice (RFT-08) on time, but it was ignored. Natural… Read More »
Uploading Form DRC-07 on the GST Portal is a mandatory statutory requirement before starting recovery proceedings. The Dispute: Manual Order vs. Digital Summary The Conflict: For FY 2018-19, an Order-in-Original was passed confirming a tax demand because the petitioner failed to respond to the initial notice (SCN). The Petitioner’s Stance: They challenged the order on… Read More »
TDS Return Filing and Payment Due date for Tax Year 2026-27 TDS Payment Due for tax year 2026-27 Month of Tax Deduction (Tax Year 2026-27) Standard TDS Payment Due Date April 2026 7th May 2026 May 2026 7th June 2026 June 2026 7th July 2026 July 2026 7th August 2026 August 2026 7th September… Read More »
Form 92 Income Tax Rules 2026 pdf download and Key points Form 92 Income Tax Rules 2026 pdf download and Key points FORM NO. 92 [See rule 157] Quarterly statement to be furnished by specified fund or stock broker in respect of a non-resident referred to in rule 157 for the quarter of ________________ of… Read More »
Form 91 Income Tax Rules 2026 pdf download and Key points Form 91 Income Tax Rules 2026 pdf download and Key points FORM NO. 91 [See rule 155] Refusal to supply information under section 258(2)(a) of the Act. Under the Income-tax Rules, 2026, Form No. 91 (also referred to as FN 091) replaces the erstwhile… Read More »
Form 90 Income Tax Rules 2026 pdf download and Key points Form 90 Income Tax Rules 2026 pdf download and Key points FORM NO. 90 [See rule 155] Form for intimating non-availability of information under section 258(2)(a) of the Act. Under the Income-tax Rules, 2026, Form No. 90 (also referred to as FN090) is an… Read More »
Form 89 Income Tax Rules 2026 pdf download and Key points Form 89 Income Tax Rules 2026 pdf download and Key points FORM NO. 89 [See rule 155] Form for furnishing information under section 258(2) of the Act Under the Income-tax Rules, 2026, Form No. 89 (or Form 089) replaces the erstwhile Form 47. It… Read More »
Form 88 Income Tax Rules 2026 pdf download and Key points Form 88 Income Tax Rules 2026 pdf download and Key points FORM NO. 88 [See rule 155] Application for information under section 258(2)(a) of the Act Under the Income-tax Rules, 2026, Form No. 88 (or Form 088) replaces the erstwhile Form 46. It is… Read More »