Retrospective cancellation of charitable registration under section 12AB(4) was unsustainable; related-party benefit allegations did not prove nongenu...
Merger control notice and disclosure rules: Supreme Court limits penalties, rejects reopening of approved combination, and sets aside adverse findings...
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Bona fide GST return errors involving invoices reported under a GST TDS GSTIN rather than the regular GSTIN may be rectified where the correction causes no revenue loss and is necessary to enable input tax credit consideration. The text states that portal limitations on altering filed entries do not, by themselves, justify refusal of rectification. It also notes that retrospective relaxation of the input tax credit time limit for the relevant financial year supported the request. Amendment or rectification of GSTR-1 and GSTR-3B was directed through online or manual means within four weeks.
Bona fide GST return errors involving invoices reported under a GST TDS GSTIN rather than the regular GSTIN may be rectified where the correction causes no revenue loss and is necessary to enable input tax credit consideration. The text states that portal limitations on altering filed entries do not, by themselves, justify refusal of rectification. It also notes that retrospective relaxation of the input tax credit time limit for the relevant financial year supported the request. Amendment or rectification of GSTR-1 and GSTR-3B was directed through online or manual means within four weeks.
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