Income Tax Reassessment after Expiry of 4 years due to Non-Filing of GST by Supplier is Invalid: ITAT

The Income Tax Appellate Tribunal (ITAT) ruled that reassessment after the expiry of 4 years due to non-filing of GST by the supplier is invalid. The case highlights the importance of timely compliance with GST requirements to avoid invalid reassessments under income tax laws. Such rulings underscore the interplay between GST and income tax regulations in India, emphasizing compliance for effective tax management. This decision provides clarity on procedural aspects impacting assessments, guiding taxpayers and professionals on compliance strategies.