All News {1} ##LOC[OK]## {1} ##LOC[OK]## ##LOC[Cancel]## {1} ##LOC[OK]## ##LOC[Cancel]## 30 Jul 26 AP HC Grants GST Sec. 62(2) Relief After Dealer Files Pending GSTR-3B with Late Fee & Interest Govt Defends Section 43B(h), Rules Out Changes to MSME Payment Compliance MSME Development (Amendment) Bill, 2026 Introduced in Rajya Sabha Paytm Payments Bank to Be Wound Up After RBI Licence Cancellation GSTN Puts Proposed e-Way Bill Enhancements on Hold Until Further Notice 29 Jul 26 MSME Development (Amendment) Bill, 2026 Introduced in Rajya Sabha Paytm Payments Bank to Be Wound Up After RBI Licence Cancellation Karnataka HC Grants Interim Relief to Taxpayer in Section 74 Proceedings After GST ITC Reversal Patna HC Imposes ?25,000 Penalty for Reversing Stand on GST Undertaking After Accepting Relief CBIC Issues Circular on Departmental GSTAT Appeals in DGGI Common Adjudication Matters No Recovery From Genuine Buyer First? Karnataka HC Examines GST Authorities’ ITC Demand Approach 28 Jul 26 CBDT Extends Tax Exemption Benefits to Maharashtra Fees Regulating Authority Under Section 10(46) No Change in MSME Payment Compliance: Government Defends Section 43B(h) in Parliament New ITR-BN Form for Block Assessment in Search and Seizure Cases Allahabad High Court Sets Aside IT Reassessment Notice Issued After Assessee’s Death 27 Jul 26 Supreme Court Confirms No GST on Long-Term Industrial Plot Leasehold Transfers FM Sitharaman Calls for Greater Tax Certainty and Reduced Litigation at 167th Income Tax Day Celebration Draft Insurance Rules 2026 Released: Centre Proposes Major Overhaul of 87-Year-Old Insurance Rules 26 Jul 26 CBDT Notifies ITR-BN Under Income Tax Rules 2026 for Block Assessment Cases Andhra Pradesh Inaugurates Two New GSTAT Benches to Hear GST Appeals Gauhati HC Directs Authorities to Restore Registration After Filing Pending GST Returns and Clearing Dues 25 Jul 26 Supreme Court: Section 74 Cannot Be Invoked Without Proof of Fraud or Fake ITC Gauhati HC: ITC Can’t Be Refused to Bona Fide Purchaser for Seller’s Failure to File GST Returns 24 Jul 26 Punjab & Haryana HC Invalidates GST Show Cause Notice Prepared Using AI Tool Delhi HC Declines Plea Against 18% Tax on Diagnostic Services, Directs Matter to GST AAR MoS Finance Pankaj Chaudhary: GST Rate on 36 Life-Saving Medicines Reduced to Nil TN Rice Millers Seek Removal of 5% GST on Rice Ahead of Upcoming Council Meeting 23 Jul 26 CBDT Revises `Specified Fund` Definition Under Income Tax Act, 2025 CBDT Grants Section 10(46) Exemption to District Legal Services Authority, Jind Madras HC: Govt. Contractors Eligible for Additional GST Reimbursement Following VAT-to-GST Transition Rajasthan Government Issues New Guidelines for GST Return Scrutiny MCA Invites Stakeholder Suggestions on Integrated Insolvency Ecosystem Platform Supreme Court Upholds Allahabad HC Decision Describing GST Registration Cancellation as ‘Economic Death’ of Business 21 Jul 26 UPI Crosses 55.49 Crore Users in June 2026; FY26 Transactions Hit Rs 314 Lakh Crore CBDT Enables Foreign Assets Reporting in AIS: Taxpayers Can Now View CRS/FATCA Data Online Uttarakhand HC: Minor GST E-Way Bill Typo Can’t Trigger Section 129 Penalty Madras HC: Bank Account Under GST Section 83 Can’t Be Sustained Without Tangible Material Calcutta HC: GST Order U/S 73 Remains Valid If Digitally Signed on or Before the Limitation Deadline No GST Demand Order Within Deadline: Delhi High Court Quashes ADT-03 Audit Notice and DRC-01 20 Jul 26 Core Industries Index Overhauled with 2022-23 Base Year and Expanded Industry Coverage CBDT Notifies NaBFID 10-Year Zero Coupon Bond Under Income Tax Act, 2025 19 Jul 26 Tax Compliance Checklist for Small and Medium Enterprises Karnataka HC Quashes GST Order Over Absence of Fraud Allegation in SCN U/S 74 18 Jul 26 Karnataka HC: Third Parties Cannot Challenge GST Advance Rulings Under Article 226 Karnataka HC: Third Parties Cannot Challenge GST Advance Rulings Under Article 226 GSTAT Activates Token Generation Facility to Resolve E-Filing Appeal Portal Issues DGTS and Belapur Commissionerate Host Hybrid GST Seminar for Industry and Tax Experts 16 Jul 26 Centre Revises Excise Duty Rates on Petrol and Diesel Components; Changes Effective from 16th July 2026 Social Protection Fund Notified as Specified Person Under IT Act 2025 for Tax-Exempt Investments in India Gujarat HC Rejects Plea Against Fake GST ITC Demand Over Misleading Submissions to the Court Karnataka HC Clarifies No GST on Machinery Returned to Seller for Testing Without Consideration Dimapur Unit Tax Department Carries Out Field Inspection Drive for GST Compliance Awareness