CESTAT Hyderabad allowed CENVAT credit on concessional CVD paid on imported steam coal, holding eligibility depends on the nature of duty, not its rate.
Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, 2025.
ICMAI advisory highlights accurate CRA-2 and CRA-4 filing, Rule 6 timelines, HSN-level data, and common compliance errors flagged by MCA.
CBDT’s 8 July 2026 order enables AEOI foreign financial information to appear in AIS, with timelines for data upload and taxpayer access.
Indus Ecowater Vs Superintendent of Central Tax (Telangana High Court) Telangana High Court Permits GST Appeal Against Unsigned DRC-01 and DRC-07 Proceedings While Leaving Merits Open The Telangana High Court granted liberty to the taxpayer to file a statutory appeal against an Order-in-Original passed under the CGST Act after the petitioner challenged the validity of […]
Telangana HC allowed filing of a delayed appeal against a Section 73 GST order and restrained coercive action for two weeks.
Telangana HC permitted a GST appeal against the assessment order and directed the appellate authority to consider the delay condonation application.
SC upheld Section 147 reassessment, holding a Section 143(1) intimation is not an assessment and reopening requires a bona fide reason to believe.
Reported proposal may protect buyer ITC despite supplier tax default if GSTR-2B and banking payment conditions are met; approval is still pending.
CBDT notifies the Cost Inflation Index as 384 for FY 2026-27 under section 72(8)(a) of the Income-tax Act, 2025, effective from 1 April 2026.
