https://www.taxtmi.com/caselaws?id=757124 A legal fiction under the substituted MSME reclassification clause preserves the earlier category for three years for all non-tax benefits, including scheme eligibility. Because the Office Memorandum required registration as a Medium, Small or Micro Enterprise under the prevalent MSME scheme on the date of claim, the petitioner could rely on its deemed Medium Enterprise status notwithstanding upward reclassification to "not an MSME". The scheme benefit under the Vivad Se Vishwas I-Relief for MSMEs Scheme was treated as a non-tax benefit, so the claim could not be rejected solely on the basis of later reclassification. The rejection emails were therefore unsustainable and liable to be quashed. en-us Tue, 13 Aug 2024 00:00:00 +0530 Mon, 09 Jun 2025 17:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757124 A legal fiction under the substituted MSME reclassification clause preserves the earlier category for three years for all non-tax benefits, including scheme eligibility. Because the Office Memorandum required registration as a Medium, Small or Micro Enterprise under the prevalent MSME scheme on the date of claim, the petitioner could rely on its deemed Medium Enterprise status notwithstanding upward reclassification to "not an MSME". The scheme benefit under the Vivad Se Vishwas I-Relief for MSMEs Scheme was treated as a non-tax benefit, so the claim could not be rejected solely on the basis of later reclassification. The rejection emails were therefore unsustainable and liable to be quashed. Case-Laws Income Tax Tue, 13 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757124