Judical Corner: GST Proceedings Against Non-Existent Amalgamated Company (31.07.2026)
GST Proceedings Against Non-Existent Amalgamated Company { IDFC Alternatives Ltd. (merged with IDFC First Bank Ltd.) v. Union of India & Others WRIT PETITION NO. 1787 OF 2026} Brief Facts IDFC Alternatives Ltd. amalgamated with IDFC First Bank Ltd. Pursuant ...
Income Tax: CBDT has issued Notification Nos. 99/2026 and 100/2026, both dated 27th July, 2026, notifying the Chhattisgarh Real Estate Regulatory Authority (PAN: AAAJC1049H) for exemption of its specified income under the Income-tax Act, 1961 and the Income-tax Act, 2025, respectively. (28.07.2026)
Income Tax CBDT has issued Notification Nos. 99/2026 and 100/2026, both dated 27th July, 2026, notifying the Chhattisgarh Real Estate Regulatory Authority (PAN: AAAJC1049H) for exemption of its specified income under the Income-tax Act, 1961 and the Income-tax Act, 2025, ...
Income Tax : The Central Board of Direct Taxes (CBDT), has issued Notification No. 98/2026 dated 27th July, 2026, notifying the Fees Regulating Authority (PAN: AAAJF0167B) under section 10(46) of the Income-tax Act, 1961. The notification exempts its income comprising processing fees, interest, penalties and other charges from private professional educational institutions, grants/reimbursements from the Government of Maharashtra, and interest on bank deposits and investments.(28.07.2026)
Income Tax The Central Board of Direct Taxes (CBDT), has issued Notification No. 98/2026 dated 27th July, 2026, notifying the Fees Regulating Authority (PAN: AAAJF0167B) under section 10(46) of the Income-tax Act, 1961. The notification exempts its income comprising processing ...
GST:The Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, has issued Circular No. 256/02/2026-GST dated 25th July, 2026, clarifying the procedure for filing departmental appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) against orders passed by the appellate authority in cases where the original adjudication was undertaken by a Common Adjudicating Authority (CAA) in matters investigated by the Directorate General of GST Intelligence (DGGI).(28.07.2026)
GST The Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, has issued Circular No. 256/02/2026-GST dated 25th July, 2026, clarifying the procedure for filing departmental appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) against orders ...
Judicial Corner: ITC Cannot Be Denied Due to Supplier’s Subsequent Default. (28.07.2026)
ITC Cannot Be Denied Due to Supplier’s Subsequent Default { Additional Commissioner Grade 2 & Anr. v. M/s Safecon Lifescience Pvt. Ltd. SLP (C) No. 023993 of 2026} Facts : GST Department initiated proceedings under Section 74 of the CGST ...
Income Tax: Central Board of Direct Taxes, has issued Notification No. 94/2026 dated 21 July 2026 [G.S.R. 646(E)], notifying the Income-tax (Second Amendment) Rules, 2026, in exercise of the powers conferred by section 533 read with section 262 of the Income-tax Act, 2025. Through this amendment, clause (c) of sub-rule (5) of rule 157 of the Income-tax Rules, 2026 has been substituted to redefine “specified fund” as any fund established or incorporated in India as a trust, company, limited liability partnership or body corporate holding a certificate of registration as a Category I or Category II Alternative Investment Fund and regulated under the SEBI (Alternative Investment Funds) Regulations, 2012, or under the IFSCA (Fund Management) Regulations, 2022 where located in an International Financial Services Centre, as well as any fund referred to in Schedule VI [Note 1(g)] to the Act.(23.07.2026)
Income Tax: Central Board of Direct Taxes, has issued Notification No. 94/2026 dated 21 July 2026 [G.S.R. 646(E)], notifying the Income-tax (Second Amendment) Rules, 2026, in exercise of the powers conferred by section 533 read with section 262 of the ...
Income Tax: Central Board of Direct Taxes, has issued Notification No. 93/2026 dated 21 July 2026 [S.O. 3984(E)], in exercise of the powers conferred by Schedule III [Table: Sl. No. 36] read with section 11 of the Income-tax Act, 2025, notifying the ‘District Legal Service Authority, Jind’ (PAN: AAAGD0053R), an Authority constituted under the Legal Services Authorities Act, 1987, in respect of specified income arising to it.(23.07.2026)
Income Tax: Central Board of Direct Taxes, has issued Notification No. 93/2026 dated 21 July 2026 [S.O. 3984(E)], in exercise of the powers conferred by Schedule III [Table: Sl. No. 36] read with section 11 of the Income-tax Act, 2025, ...
Income Tax:The Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, has issued Notification No. 92/2026 dated 21 July 2026 [S.O. 3983(E)], notifying the ‘District Legal Service Authority, Jind’ (PAN: AAAGD0053R), an Authority constituted under the Legal Services Authorities Act, 1987, for the purposes of section 10(46) of the Income-tax Act, 1961.(23.07.2026)
Income Tax: The Ministry of Finance (Department of Revenue), Central Board of Direct Taxes, has issued Notification No. 92/2026 dated 21 July 2026 [S.O. 3983(E)], notifying the ‘District Legal Service Authority, Jind’ (PAN: AAAGD0053R), an Authority constituted under the Legal ...
Judicial Corner: GST under RCM is payable on PWD permission, road-cutting, reinstatement charges and ground rent paid by CGD operator{ AUTHORITY FOR ADVANCE RULING , GOA Indian Oil-Adani Gas (P.) Ltd., In re* Â [2026] 187 taxmann.com 1090 (AAR – GOA)}(17.07.2026)
GST under RCM is payable on PWD permission, road-cutting, reinstatement charges and ground rent paid by CGD operator{ AUTHORITY FOR ADVANCE RULING , GOA Indian Oil-Adani Gas (P.) Ltd., In re* Â [2026] 187 taxmann.com 1090 (AAR – GOA)} Facts: A ...
Judicial Corner: No Further Pre-deposit Required Before GSTAT Where Earlier Pre-deposit Covers Reduced Tax Demand { Manoranjan Dash v. Commissioner, Odisha Commissionerate of CT & GST & Ors. GSTAT, Division Bench (Court-I), Filing No. 2025121101000004, Order dated 08.07.2026}Â (16.07.2026)
No Further Pre-deposit Required Before GSTAT Where Earlier Pre-deposit Covers Reduced Tax Demand { Manoranjan Dash v. Commissioner, Odisha Commissionerate of CT & GST & Ors. GSTAT, Division Bench (Court-I), Filing No. 2025121101000004, Order dated 08.07.2026}Â Facts Appellant challenged an ...
Judicial Corner: Failure to prove fraud converts Sec. 74 proceedings into Sec. 73, preserving tax demand but excluding extended-period consequences  {M/s Fastenex Private Limited v. State Tax Officer (Inspection-VI), Madras High Court [2026] 188 taxmann.com 219 (Madras)} (16.07.2026)
Failure to prove fraud converts Sec. 74 proceedings into Sec. 73, preserving tax demand but excluding extended-period consequences  {M/s Fastenex Private Limited v. State Tax Officer (Inspection-VI), Madras High Court [2026] 188 taxmann.com 219 (Madras)} Facts: The department issued demand ...
Customs:CBIC has issued guidelines to discontinue the submission of manual documents and statements for monitoring containers imported duty-free under Notification No. 104/94-Customs dated 16 March 1994.(13.07.2026)
Customs: CBIC has issued guidelines to discontinue the submission of manual documents and statements for monitoring containers imported duty-free under Notification No. 104/94-Customs dated 16 March 1994. To facilitate Ease of Doing Business, the monitoring process will be digitised, with ...
Customs: The Ministry of Finance has amended Notification No. 8/2016-Customs dated 5 February 2016, which prescribes conditions for availing customs duty exemption on specified imported goods. The amendment empowers the CBIC to extend the prescribed two-year period for fulfilling the conditions of the notification, on a case-to-case basis, where sufficient cause is shown.(13.07.2026)
Customs: The Ministry of Finance has amended Notification No. 8/2016-Customs dated 5 February 2016, which prescribes conditions for availing customs duty exemption on specified imported goods. The amendment empowers the CBIC to extend the prescribed two-year period for fulfilling the ...
Customs: The Ministry of Finance has amended Notification No. 8/2016-Customs dated 5 February 2016, which prescribes conditions for availing customs duty exemption on specified imported goods. The amendment empowers the CBIC to extend the prescribed two-year period for fulfilling the conditions of the notification, on a case-to-case basis, where sufficient cause is shown. This provides greater flexibility to importers who are unable to comply with the stipulated time limit due to genuine reasons.(13.07.2026)
Customs: The Ministry of Finance has amended Notification No. 8/2016-Customs dated 5 February 2016, which prescribes conditions for availing customs duty exemption on specified imported goods. The amendment empowers the CBIC to extend the prescribed two-year period for fulfilling the ...
Customs: The Ministry of Finance has amended Notification No. 25/2002-Customs dated 1 March 2002, which provides concessional customs duty on specified goods required for the manufacture of designated products. (13.07.2026)
Customs: The Ministry of Finance has amended Notification No. 25/2002-Customs dated 1 March 2002, which provides concessional customs duty on specified goods required for the manufacture of designated products. The amendment substitutes Serial Nos. 69 and 69A to expand the ...
Customs: The Ministry of Finance has amended Notification No. 57/2017-Customs dated 30 June 2017 to extend the Basic Customs Duty (BCD) exemption to specified goods used in the manufacture of Inductor Coil Modules for wireless charging in cellular mobile phones. The notification grants Nil BCD on components such as NC (Nano-Crystalline) Assembly, E-Shield, PET Liner, PC Shim (with Z-Liner), Main Stranded Coil and NFC Coil, and NdFeB Magnets and also inserts detailed definitions of these components. The exemption shall remain in force up to 31st March 2029.(13.07.2026)
Customs: The Ministry of Finance has amended Notification No. 57/2017-Customs dated 30 June 2017 to extend the Basic Customs Duty (BCD) exemption to specified goods used in the manufacture of Inductor Coil Modules for wireless charging in cellular mobile phones ...
Customs: The Ministry of Finance has amended Notification No. 45/2025-Customs dated 24 October 2025 to extend the concessional customs duty benefit to specified goods used in the manufacture of display assemblies for automotive, medical and industrial applications. The notification inserts a new entry covering components such as Cells, Flexible Printed Circuit Assemblies (FPCA), Backlight Units, Frames and Anisotropic Conductive Film (ACF), subject to specified exclusions. The concessional duty benefit will remain available up to 31st March 2029.(13.07.2026)
Customs The Ministry of Finance has amended Notification No. 45/2025-Customs dated 24 October 2025 to extend the concessional customs duty benefit to specified goods used in the manufacture of display assemblies for automotive, medical and industrial applications. The notification inserts ...
Judicial Corner: Vague SCN and unreasoned revocation rejection invalid; matter remanded to notice stage{ Sujoy Paul vs. Union of India [2026] 188 taxmann.com 39 (Gauhati)} (09.07.2026)
Vague SCN and unreasoned revocation rejection invalid; matter remanded to notice stage{ Sujoy Paul vs. Union of India [2026] 188 taxmann.com 39 (Gauhati)} Facts: Petitioner’s GST registration was cancelled for alleged non-filing of returns. However, the show cause notice did ...
Judicial Corner: Transfer of Leasehold Rights Not Taxable Under GST { Aerocom Cushions Pvt. Ltd. v. Assistant Commissioner (Anti-Evasion), CGST & CX 2026:BHC-NAG:348-DB (Bombay High Court, Nagpur Bench, 09.01.2026)}(08.07.2026)
Transfer of Leasehold Rights Not Taxable Under GST { Aerocom Cushions Pvt. Ltd. v. Assistant Commissioner (Anti-Evasion), CGST & CX 2026:BHC-NAG:348-DB (Bombay High Court, Nagpur Bench, 09.01.2026)} Facts Petitioner was allotted an industrial plot by MIDC on a 95-year lease ...
Judicial Corner: Extended limitation under sec. 74 justified as non-response to DRC-01A and DRC-01 construed as suppression{ [2026] 187 taxmann.com 1105 (Madras)} (07.07.2026)
Extended limitation under sec. 74 justified as non-response to DRC-01A and DRC-01 construed as suppression{ [2026] 187 taxmann.com 1105 (Madras)} Facts The department issued DRC-01A intimations and DRC-01 show cause notices for FY 2018-19 and 2019-20 after scrutiny. Petitioner did ...
