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

15 Jul 26

Karnataka HC Grants Relief on Common GST Notices, GSTR-2A/GSTR-3B ITC

AP HC: Single SCN and Composite GST Order Cannot Be Given for Multiple Tax Periods

Karnataka HC Quashes Tax Demand, Upholds Taxpayer’s Right to Be Heard on GST ITC Claim

MSME-MCA Internship Claim False: PIB Advises Citizens Not to Share Personal Information

Finance Ministry Empowers DRAT Delhi Chairperson to Decide PNB Appeals

Direct Tax Collections Rise 16.4% to Rs 6.51 Lakh Crore as on 13th July 2026 for FY 2026-27

14 Jul 26

Delhi HC: GST Order Valid Even If Every Reply to SCN Is Not Discussed in Detail

Supreme Court Upholds GST Officers’ Arrest Powers, Declares Section 69 Constitutional

ITR Filing Gains Momentum as Over 1.7 Cr Returns Are Filed Ahead of July 31 Deadline

Over 1.7 Crore Taxpayers Filed ITRs for AY 2026-27

FM Sitharaman Reviews RBI Swap Schemes; Banks Report Strong NRI Response to FCNR(B) Deposits

MSME-MCA Internship Claim False: PIB Advises Citizens Not to Share Personal Information

13 Jul 26

How Balance Sheet Software Automates Ratio Analysis

CBIC Allows Extension Beyond 2-Year Limit Under Customs Notification 8/2016

Over 1.7 Crore Taxpayers Filed ITRs for AY 2026-27

12 Jul 26

Tripura HC Quashes CGST Order for Reopening Issues Already Examined by State GST Authorities

Gujarat HC: GST Refund Interest Must Be Computed from Original Refund Application Despite Court-Ordered Refiling

11 Jul 26

MCA Extends CCFS-2026 Deadline to 31st August 2026 Amid Data Centre Restoration

ICAI Invites Public Comments on Revised Guidance Note for Tax Audit under Section 44AB of IT Act 1961

CBDT Authorises DGIT (Systems) to Upload Global Financial Information in AIS Under Income Tax Act, 2025

Income Tax Department Releases ITR-7 Excel Utility for AY 2026-27

CBDT Notifies TDS Exemption for Specified Payments to IFSC Units Under Income Tax Act 2025

10 Jul 26

Madras HC: Council Has No Authority to Validate GST Notifications Issued Without Prior Approval

Kerala HC Affirms ITC Benefit for Taxpayers Filing GST Returns Within Section 16(5) Deadline

MP HC Refuses Anticipatory Bail to Journalist Charged with Blackmailing GST Officer

06 Jul 26

CBDT Condones Delay in Filing Form 10AB for 80G Approval Applications Till 31st March 2026

ICAI Introduces New Tax Audit Count Tracking Feature on UDIN Portal

Finance Ministry Grants Aadhaar Authentication Permission to Home First Finance

05 Jul 26

CBDT Notifies TDS Exemption on Aircraft Lease Rentals Paid to IFSC Units Under Income Tax Act, 2025

Mumbai City Civil and Session Court: GST Criminal Liability Can Extend Beyond Company Directors

04 Jul 26

Deloitte Survey: AI Set to Transform GST Compliance Across India

GST Return Default: Calcutta HC Orders Restoration of GSTIN to Protect Livelihood

CBDT Condones Delay in Filing Form 10AB for 80G Approval Renewal