https://www.taxtmi.com/forum/issue?id=120801 Rule 86B conditions ITC utilisation relief on the registered person having paid income tax above the specified threshold in each of the two financial years for which the time limit to file return of income under section 139(1) has expired. The operative compliance step is to verify, at the time of filing GSTR-1/GSTR-3B, the income-tax payments shown in the relevant ITRs for the two financial years whose 139(1) due dates have passed; the particular pair of years depends on the filing deadline applicable when the GST return is filed. The exception applies only where taxable supplies exceed the high-turnover threshold. en-us Sat, 07 Mar 2026 12:29:21 +0530 Wed, 11 Mar 2026 04:56:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120801 Rule 86B conditions ITC utilisation relief on the registered person having paid income tax above the specified threshold in each of the two financial years for which the time limit to file return of income under section 139(1) has expired. The operative compliance step is to verify, at the time of filing GSTR-1/GSTR-3B, the income-tax payments shown in the relevant ITRs for the two financial years whose 139(1) due dates have passed; the particular pair of years depends on the filing deadline applicable when the GST return is filed. The exception applies only where taxable supplies exceed the high-turnover threshold. Discussion-Forum GST Sat, 07 Mar 2026 12:29:21 +0530 https://www.taxtmi.com/forum/issue?id=120801