CA.(Dr.) Arun Ahuja

Discard Return FAQs Question 1: I filed my Original ITR u/s 139(1) on 30th July 2023 but not yet verified. Can I Discard it? Response: Yes, user can avail the option of “Discard” for the ITRs being filed u/s 139(1) /139(4) / 139(5) if they do not want to verify it. User is provided a facility to file an ITR afresh after discarding the previous unverified ITR. However, if the “ITR filed u/s 139(1)” is Discarded and the subsequent return is filed after the due date u/s 139(1), it would attract implications of belated return like 234F etc., Thus, it is advised to check whether the due date for filing the return u/s 139(1) is available or not before discarding any previously filed return. Question 2: I Discard my ITR by-mistake. Is it possible to reverse it? Response: No, if ITR is Discarded once, it can’t be reversed. Please be vigilant while availing Discarding option. If an ITR is Discarded, it means that, such ITR is not filed at all. Question 3: Where can I find “Discard option” ? Res...

Latest High Courts Rulings: Online games of rummy and poker, being distinct from offline games, are considered as games of skill and not games of chance: HC 14 Nov 2023 | [2023] 156 taxmann.com 305 (Madras)[09-11-2023]   GST : Madras HC: Online rummy and poker are also games of skill, not games of chance • The impugned Act, in its entirety, need not be held to be ultra vires. • It is held that the State is competent to legislate to the extent of prohibiting online gambling, i.e., games of chance, at the same time, it has got the authority to regulate online games of skill. • The definition of "online gambling" under Section 2(i) of the impugned Act shall be read as restricted to "games of chance" and not games involving skill. Section 2(1)(iv) of the impugned Act would not be entirely valid. • The games of rummy and poker are games of card, but are games of skill. Section 2(1)(iv) is being read down, to mean, it excludes games of skill viz., rummy and poker. • Havin...