News

Tax Bar Association, Jhalawar, requests CBDT to further extend the due date for filing TAR and Form 10B/10BB for the AY 2026-27, until October 31, 2026, citing practical difficulties faced by taxpayers and tax professionals. 

Tax Bar Association Urges CBDT to Extend TAR and Form 10B/10BB Due Date Extension Until October 31

Judgement

Tamil Nadu AAR rules that GST paid on land survey services for land acquired to meet afforestation requirements is not eligible for Input Tax Credit (ITC).

AAR Denies GST Input Tax Credit on Land Survey Charges Incurred for Purchase of Land to Meet Afforestation Obligations

Notifications

CBDT has removed arrest and detention provisions from tax recovery rules with retrospective effect from April 1, 2026.

CBDT Eliminates Arrest and Detention Provisions From Income-tax Recovery Rules With Retrospective Effect

Articles

India’s net direct tax collection rose 13% to over Rs 12.12 lakh crore till September 17, driven by strong corporate and advance tax payments.

India’s Net Direct Tax Collection Rises 13% to Over Rs 12.12 Lakh Crore Till September 17, Corporate Tax Revenue Jumps Nearly 19.5%

A PIL has been filed before the Supreme Court challenging the Centre’s decision to introduce a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs.2,000.

PIL in Supreme Court Challenges 0.4% MDR on UPI Transactions Above Rs.2,000

An accountant was duped by a fraudulent WhatsApp message and transferred Rs 3.7 crore from his company’s bank accounts to two accounts before realizing the scam.

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Tax Bar Association Urges CBDT to Extend TAR and Form 10B/10BB Due Date Extension Until October 31

AAR Denies GST Input Tax Credit on Land Survey Charges Incurred for Purchase of Land to Meet Afforestation Obligations

CBDT Eliminates Arrest and Detention Provisions From Income-tax Recovery Rules With Retrospective Effect

India’s Net Direct Tax Collection Rises 13% to Over Rs 12.12 Lakh Crore Till September 17, Corporate Tax Revenue Jumps Nearly 19.5%

PIL in Supreme Court Challenges 0.4% MDR on UPI Transactions Above Rs.2,000

Accountant Falls for Fraudulent WhatsApp Message, Transfers Rs 3.7 Crore From Company Accounts to Two Bank Accounts