Article explains list of IT Forms notified for FY 2019-20, Applicability of ITR-1 Sahaj for FY 2019-20, Illustrative list of assessees who are not allowed to submit Form ITR-1 Sahaj for FY 2019-20, Significant changes in ITR-1 (SAHAJ) for FY 2019-20 and Summary of stringent disclosure requirements in ITR-1 (SAHAJ) for FY 2019-20. The Central […]
he claim of the contractor company for reimbursement of the amount of sales tax levied on the taxable turnover of the works contracts executed by it, i.e., with reference to the expression ‘completed item of work’ in the said Clause 45.2 and with reference to the stipulations contained in Clauses 13.3 of ITB and 45.1 of GCC, were wholly untenable and appellant and its contracting offices were under obligation to honour the claim so made by the contractor company.
Rule 86A (2) prescribes that the Officer so authorised have to reasons to believe , such reasons to be recorded in writing and not allow debit of an amount equivalent to such credit in electronic credit ledger for discharge of any output tax liability under section 49 or for claim of any refund of any unutilized amount
