https://www.taxtmi.com/forum/issue?id=119592 Rule 86B conditions exemption on payment of income tax above the prescribed threshold in each of two financial years for which the time to file income-tax returns has expired; payments must be made in respect of those financial years themselves, not merely recorded later via an updated return, so a tax payment made later for an earlier year does not satisfy the two-year payment requirement. en-us Wed, 12 Feb 2025 11:46:50 +0530 Thu, 20 Feb 2025 16:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119592 Rule 86B conditions exemption on payment of income tax above the prescribed threshold in each of two financial years for which the time to file income-tax returns has expired; payments must be made in respect of those financial years themselves, not merely recorded later via an updated return, so a tax payment made later for an earlier year does not satisfy the two-year payment requirement. Discussion-Forum GST Wed, 12 Feb 2025 11:46:50 +0530 https://www.taxtmi.com/forum/issue?id=119592