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Archive: July, 2026

Posts in July, 2026

Social Protection Fund Notified as Eligible Tax-Exempt Investor Till 2030: CBDT

July 15, 2026 231 Views 0 comment Print

CBDT notifies Social Protection Fund as a specified person for eligible investments in India until 31 March 2030, subject to prescribed conditions.

SEBI (Buy-Back of Securities) Amendment Regulations, 2026: Analysis

July 15, 2026 591 Views 0 comment Print

SEBI’s 2026 Buyback Regulations restore the stock exchange route, mandate shareholder intimation and make Merchant Banker appointment optional.

Rectification of Returns under GST

July 15, 2026 1350 Views 1 comment Print

Covers GST return rectification, GSTR-1A, Circular 170/02/2022-GST, ECRRS, IMS and the evolving framework for ITC reporting and corrections.

What Is a Legal Metrology Licence and Who Needs It?

July 15, 2026 237 Views 0 comment Print

Overview of Legal Metrology registration, LMPC compliance, approvals, labelling, verification, documentation and compliance requirements in India.

Section 143(2) Assessment Quashed as Jurisdictional AO Failed to Issue Notice: ITAT Kolkata

July 15, 2026 258 Views 0 comment Print

ITAT Kolkata quashed the assessment as the jurisdictional Assessing Officer did not issue the mandatory notice under Section 143(2).

CESTAT Upholds Confiscation of 26 Gold Biscuits, Releases Gold Ornaments, Gold Bar & ₹1.88 Crore Cash

July 15, 2026 171 Views 0 comment Print

CESTAT upheld confiscation of 26 gold biscuits without purchase proof but set aside confiscation of gold ornaments, 1 kg gold bar and seized currency.

Hearing Before Taking Cognizance Under PMLA Is Mandatory After BNSS: SC

July 15, 2026 211 Views 0 comment Print

SC set aside the PMLA cognizance order as the accused was not heard under the first proviso to Section 223(1) BNSS before cognizance.

Commission on Overseas Student Admissions Is Export of Service, Not Intermediary Service: CESTAT Kolkata

July 15, 2026 144 Views 0 comment Print

CESTAT Kolkata upheld orders treating overseas student recruitment services as export of service and dismissed Revenue’s appeals.

Connectivity Services to Foreign Parent Qualify as Export, Service Tax Not Payable: Delhi HC

July 15, 2026 102 Views 0 comment Print

Delhi HC set aside service tax demand and refund rejection, holding telecommunication services qualified as export of service under applicable rules.

Incorrect MGT-7 Filing on CFS Details Must Be Rectified, No Penalty Levied: ROC

July 15, 2026 112 Views 0 comment Print

ROC Delhi I directed rectification of Section 92(4) non-compliance within 30 days after examining defective MCA filings relating to CFS disclosures.

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