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GST refunds for cancelled air tickets remain available when passenger reimbursements defeat unjust enrichment and credit-note adjustment is unavailabl...
The High Court address the rejection of revision petition u/s 264 due to an inadvertent error in filing Form ITR-VII, resulting in denial of exemption to a trust approved u/s 10(23C) of the Income-tax Act. The court found that the Trust was entitled to exemption as there was no indication otherwise. The respondent's rejection based on filing errors without considering the exemption claim requires reconsideration. The court set aside the order and remanded the matter for reconsideration, directing the respondent to issue a fresh order within three months considering the court's observations.
The High Court address the rejection of revision petition u/s 264 due to an inadvertent error in filing Form ITR-VII, resulting in denial of exemption to a trust approved u/s 10(23C) of the Income-tax Act. The court found that the Trust was entitled to exemption as there was no indication otherwise. The respondent's rejection based on filing errors without considering the exemption claim requires reconsideration. The court set aside the order and remanded the matter for reconsideration, directing the respondent to issue a fresh order within three months considering the court's observations.
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TaxTMI 
TaxTMI 
of 4916 
