Bombay High Courttaxcriminal
₹13 Crore Fake ITC: Bombay HC Denies Bail
Bombay HC denies bail in ₹13 crore fake GST ITC case involving 12 non-existent suppliers; invoices lacked actual supply.
Oct 10, 2026Read more →
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Bombay High Courttaxcriminal
₹29.7 Crore Fake ITC: Bombay HC Denies Bail
Bombay High Court denies anticipatory bail in a ₹29.7 crore fake GST ITC case involving non-existent firms, citing necessity of custodial interrogation.
Oct 10, 2026Read more →
Bombay High Courttaxcriminal
₹23 Crore Fake GST ITC: Bombay HC Denies Bail
Bombay High Court denies anticipatory bail in a ₹23 crore fake ITC case, citing need for custodial interrogation to probe shell companies and fraudulent invoicing.
Oct 10, 2026Read more →
Madras High Courttax
GST Arrest Grounds Must Be in Writing: Madras HC
Madras High Court upheld bail in a GST case, emphasizing that grounds for arrest under Section 69 must be recorded in writing and communicated to the accused. Failure to comply renders the arrest suspect.
Oct 10, 2026Read more →
Directorate General of Foreign Tradetaxexport
RoDTEP Scheme Extended Till Dec 31 With Rates Unchanged
DGFT has extended the RoDTEP scheme for exporters until December 31, 2026, without altering existing rates or value caps. The extension provides stability amid ongoing WTO negotiations.
Oct 9, 2026Read more →
Reserve Bank of Indiabankingtax
RBI Mandates EDF Filing by Exporters from October 1
RBI now requires all goods and services exporters to file an Electronic Data Format (EDF) declaration with designated banks from October 1, 2026. The move aims to streamline forex monitoring and export data capture.
Oct 9, 2026Read more →
Income Tax Appellate Tribunaltaxconstitutional
ITAT: Statements and Spot Verification Not Incriminating for S. 153A Additions
The ITAT has held that statements, spot verification, and post-search inquiries alone cannot serve as incriminating material to justify additions under Section 153A, deleting loan and interest disallowances under Sections 68 and 69C.
Oct 9, 2026Read more →
Gujarat High Courttaxconstitutional
Reopening of Scrutiny Assessment Invalid if Based on Misreading of Audit Report: Gujarat HC
The Gujarat High Court held that reopening a scrutiny assessment is invalid if it is based on a mere change of opinion or misreading of an audit report, without fresh tangible material indicating escapement of income.
Oct 9, 2026Read more →
GST Counciltaxgst
57th GST Council Proposes Return Reforms for ITC Mismatches
The 57th GST Council proposed return reforms to resolve input tax credit mismatches automatically, enhancing compliance efficiency and reducing disputes.
Oct 9, 2026Read more →
GST Counciltaxgst
57th GST Council Proposes Minimum ₹10,000 Notice Threshold
The 57th GST Council meeting recommended raising the threshold for tax notices under Sections 73 and 74 to ₹10,000, aiming to reduce litigation burden on small taxpayers.
Oct 9, 2026Read more →
Income Tax Appellate Tribunal, Punetax
Section 80P Deduction Allowed for Cooperative Bank Interest
ITAT Pune allowed deductions under Section 80P(2)(d) for interest income earned by a cooperative society from a cooperative bank, distinguishing it from commercial deposits.
Oct 9, 2026Read more →
Income Tax Appellate Tribunal, Mumbaitax
CIT(E) Can’t Impose Extra 12AB, 80G Conditions
ITAT Mumbai held that CIT(E) cannot impose additional conditions beyond statutory requirements for granting registration under Sections 12AB and approval under 80G.
Oct 9, 2026Read more →
Income Tax Appellate Tribunal, Delhitax
Defective Section 274 Notices Invalidate 271AAB Penalty
ITAT Delhi quashed a penalty under Section 271AAB due to defective show-cause notices that failed to specify the exact statutory clause violated, violating principles of natural justice.
Oct 9, 2026Read more →