Saturday, May 16, 2020

Statutory Benefits to Assessee can’t be denied on Technicalities: Karnataka HC on rejection of C-Forms due to Late Submission

The High Court of Karnataka held that merely for the reason that C-Forms are filed belatedly, it cannot be rejected since the aim of the legislature is to provide a concessional tax benefit to the assessee and the same cannot be rejected on the ground of technical errors. The Court accordingly asked the Appellate Tribunal […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2AzT4Wn

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