tax return Archives

Know why Patna High Court allowed the rectification of form GSTR 3B on par with the contents of GSTR- 1

“In the government, there is no system of rectification of any return once it is filed. However, petitioner had submitted application to rectify GST 3B on par with the GSTR 1 relating to certain total taxable value, total integrated tax, total CGST, total SGST.”

Case Briefs High Courts

“It was unconstitutional to fasten criminal liability for non-disclosure of tax return assessment for 2007-08 or 2009-10 under Black Money Act, 2015”: Karnataka HC

In a retrospective application of Sections 50 and 52 of Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015, the Income Tax Dept. had fastened criminal liability on the petitioners for non-disclosure of tax return assessment for 2007-08 and 2009-10.

Case Briefs Supreme Court

Mere change of address in IT return is not enough; Assessing Officer must be specifically intimated

Supreme Court: The 3-judge bench of UU Lalit, Indira Banerjee and MR Shah, JJ has held that mere mentioning of the new