Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
ITAT adjudicated a tax dispute concerning return filing delay of 02 seconds. The tribunal held that a minimal technical delay of 02 seconds does not invalidate the return filing. Referencing precedent cases involving similar technical glitches, the tribunal determined that the return filed prior to midnight should be considered timely. The CPC's denial of carry forward loss claim was deemed incorrect. The AO was directed to treat the original return as filed within statutory time limits and consider the revised return for income computation. The Revenue's appeal was consequently dismissed, affirming the assessee's right to file returns without punitive consequences for negligible technical delays.
ITAT adjudicated a tax dispute concerning return filing delay of 02 seconds. The tribunal held that a minimal technical delay of 02 seconds does not invalidate the return filing. Referencing precedent cases involving similar technical glitches, the tribunal determined that the return filed prior to midnight should be considered timely. The CPC's denial of carry forward loss claim was deemed incorrect. The AO was directed to treat the original return as filed within statutory time limits and consider the revised return for income computation. The Revenue's appeal was consequently dismissed, affirming the assessee's right to file returns without punitive consequences for negligible technical delays.
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