The Delhi High Court dismissed a writ petition filed by an IT company seeking condonation of delay in filing income tax returns for FY20. The Central Board of Direct Taxes (CBDT) had refused to exercise the powers granted to it under section 119 of the IT Act to condone the delay. This order is being widely discussed in tax circles including income tax officials.

A major consequence of not filing returns on time is that carry forward of losses, which is usually available in the subsequent eight-year period, is denied, along with many tax benefits. A government official said, this order will reduce cases of lax attitude by taxpayers in complying with statutory provisions.

Sunil Agarwal, senior standing counsel for the income tax department and one of the lawyers representing the case, said, arguments of the taxpayers such as that the delay due to Covid was a one-time lapse or was even due to financial crisis were proved factually incorrect and found unsustainable by the high court. Many taxpayers affected due to the pandemic had found it difficult to file their I-T returns and pay their dues.

For FY20, the CBDT had extended the dehttps://www.youtube.com/watch?v=zpa6l9Cu2pUadline for filing IT returns to February 15, 2021 (for large taxpayers who are liable to tax audit) and to January 10, 2021 for others. Nevertheless, some taxpayers continued to seek condonation for delay in filing I-T returns beyond the extended due date.

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The high court found that the authorities had taken into account various facts while considering Lava International’s plea for condonation. The company had time till February 15, 2021 to file its income tax returns, yet its financial statements were signed on July 31, 2020, but it filed the income tax return only on March 30, 2021. This shows negligence.

It was noted that the company had filed income tax returns late in several cases, and the delay for the financial year 2019-20 was not unusual. In its response to the show cause notice, the company attributed the delay to financial and cash constraints. However, the financial statements for the relevant period showed a profit of Rs 24.8 crore and cash flow of Rs 12.3 crore, which does not indicate any financial difficulty.

The high court said that “the power of pardon under Section 119(2) can be exercised only to deal with exceptional circumstances which may delay statutory compliance. It cannot be used routinely.”

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Aadhaar card has become a very important document in recent times. Whether you want to get a new SIM card, open your bank account, use PAN card or take advantage of any government scheme, Aadhaar is needed. It has made work easier for the people as well as for the government. Recently the deadline to link PAN with Aadhaar has ended. Now there may be a need to link another document with Aadhaar.

Hearing in Delhi High Court

In fact, there is a demand that property documents across the country should be linked to Aadhaar. This will stop corruption, black money and benami property transactions. A petition has been filed in the Delhi High Court in this regard. The High Court, while hearing the petition, has sought an answer from the government in the matter.

The petitioner gave these arguments

Advocate Ashwini Upadhyay has filed this petition in the Delhi High Court. Advocate Ashwini Upadhyay says that strict steps are necessary against corruption, black money and benami property. Some people across the country have created properties illegally. Black money has been stashed on a large scale by buying properties. If the property documents are linked to Aadhaar, then such cases can be easily caught.

Government has 4 weeks

The Delhi High Court asked the government to respond while hearing a petition seeking to link citizens’ property documents with their Aadhaar numbers. The High Court granted 4 weeks time to the Central Government to file its reply on the petition related to curbing corruption, black money and benami transactions.

Answers sought from these ministries

A bench of Chief Justice Satish Chandra Sharma and Justice Sanjiv Narula gave the ministries of finance, law, housing and urban affairs and rural development four weeks to file their response to the plea. Now the next hearing in the court on this matter will be on September 5. The court has also demanded an answer from the Ministry of Home Affairs on this matter.

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Chief Justice Satish Chandra Sharma and Justice Subramaniam Prasad dismissed the petition. Earlier, the verdict on the petition was reserved on May 30. Petitioner Rajneesh Bhaskar Gupta had argued that the RBI has no power to withdraw Rs 2,000 notes from circulation and only the central government can decide in this regard.

2000 rupee note

He had said in his petition that the RBI has no independent power to direct demonetisation of bank notes of any value. This power is vested only with the Central Government under Section 24(2) of the RBI Act of the year 1934. The petition was opposed by the RBI saying that the withdrawal of the Rs 2,000 note from circulation is part of the ‘currency management campaign’ and is a matter related to economic planning.

Announcement to withdraw from circulation

RBI had announced withdrawal of two thousand rupee notes from circulation on May 19 and said that the existing notes can be deposited or exchanged in bank accounts till September 30. Earlier, the High Court had rejected the petition of advocate Ashwini Kumar Upadhyay.

The Rs 2,000 bank note

petition claimed that the RBI and SBI notifications allowing exchange of Rs 2,000 bank notes without any evidence were arbitrary and against a law designed to prevent corruption. In this regard, the High Court had said that this has been done to save the citizens from inconvenience. The court also said that it cannot act as an appellate authority on any policy decision.

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Earlier, on May 26, the Delhi High Court had stayed the notice issued by the Delhi Transport Department to stop bike taxi services. A division bench of Justice Suresh Kumar Kait and Justice Nina Bansal Krishna also directed the Transport Department not to take any coercive steps against Rapido and Uber until the policy is formulated.

Aggregators like Uber, Rapido were given notice

In February this year, the transport department had issued a public notice to aggregators like Uber, Rapido and Ola to stop their bike taxi services with immediate effect. The transport department said in the notice “It has been brought to the notice that two-wheelers with non-transport (private) registration mark/number are being used for carrying passengers on hire which is a commercial operation and as per the Motor Vehicles Act, 1988 is a violation.

” Rapido and Uber filed a petition in the High Court against the Delhi government’s decision, on which the High Court issued a show cause notice on 21 February. The Delhi government said that the aggregators were running two-wheelers without license and permit.

Delhi government challenged the order

The Delhi government had challenged in the Supreme Court the May 26 order of the Delhi High Court, which had asked not to take any coercive action against bike-taxi operators until the final policy was notified. The Supreme Court on Monday heard two petitions filed by the Delhi government

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For some special people doing government jobs, the government has decided to restore the old pension system (OPS). Delhi High Court has given a big decision regarding this. The High Court has told that all the people across the country want to take advantage of the Old Pension Scheme, but at this time it is being restored for some special people.

Delhi High Court has issued the order giving information that the Central Paramilitary Forces (CAPF) will get the benefit of the old pension scheme. The court has told that it is an armed force, due to which these people will get the benefit of OPS. They are eligible for this scheme. Thousands of ex-servicemen are expected to get great relief from this decision of the court.

Will always get the benefit of old pension

Justice Suresh Kait and Nina Bansal’s bench has ruled on 82 petitions and has said in its decision that whether someone is recruited in these armed forces today or whether someone has been recruited before or will come If there is any recruitment in time, then all those people will come under the ambit of old pension only.

Central forces got a lot of relief

Let us tell you that the detailed copy of this decision has not been uploaded on the website yet, but this decision of the government and the court has given a lot of relief to the central forces.

What are the advantages of old pension scheme?

Talking about the benefits of the old pension scheme, its biggest advantage is that it is made on the basis of the last drawn salary. Apart from this, as the inflation rate increases, DA also increases. Even when the government implements the new pay commission, it increases the pension.

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Delhi High Court quashes the notification The Delhi High Court quashed a 2003 notification of the Ministry of Finance and an Office Letter (OM) of the year 2020 of the Department of Pension and Pensioners Welfare, in which the Central The personnel appointed in the paramilitary forces have been deprived of the benefits of the old pension scheme.

In this case, the personnel of the Central Reserve Police Force (CRPF), Sashastra Seema Bal (SSB), Border Security Force (BSF), Central Industrial Security Force (CISF) and Indo Tibetan Border Police (ITBP) have filed petitions.

Know what the bench of two judges said
Justice Suresh Kumar Kait and Justice Nina Bansal Krishna’s bench said, ‘It is clarified that the notification dated December 22, 2003 as well as the old pension scheme (OPS) 17 The office memorandum of February, 2020 will be applicable in Rem (directed against anything).

This means that the OPS will be applicable not only to the petitioners in this case, but to all CAPF personnel at large, the bench said. Accordingly, necessary orders may be issued within eight weeks.

The judgment was pronounced on Wednesday and uploaded on the High Court website on Thursday.

Let us tell you that demand is being raised not only from the paramilitary forces, but also from the employees regarding the old pension scheme. A decision has been taken on this in states like Rajasthan, Chhattisgarh, whereas in Himachal Pradesh also the government is preparing to take a decision on this.

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