https://www.taxtmi.com/forum/issue?id=121014 Interpretation of the first proviso to Rule 86B of the CGST Rules, 2017 was discussed in relation to the income-tax return filing condition requiring payment of income tax exceeding the prescribed threshold in each of the last two financial years for which the time limit under section 139(1) has expired. The issue was whether this exception should be applied dynamically for each GST tax period, with the relevant two financial years changing when a later due date expires during the year, or whether the two financial years should remain fixed throughout the GST financial year. en-us Sat, 11 Jul 2026 12:33:36 +0530 Sun, 12 Jul 2026 15:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121014 Interpretation of the first proviso to Rule 86B of the CGST Rules, 2017 was discussed in relation to the income-tax return filing condition requiring payment of income tax exceeding the prescribed threshold in each of the last two financial years for which the time limit under section 139(1) has expired. The issue was whether this exception should be applied dynamically for each GST tax period, with the relevant two financial years changing when a later due date expires during the year, or whether the two financial years should remain fixed throughout the GST financial year. Discussion-Forum GST Sat, 11 Jul 2026 12:33:36 +0530 https://www.taxtmi.com/forum/issue?id=121014