Judgement

SC's interpretation prevails over CBIC circular as AAR clarifies that institutions set up by an Act of Parliament are "specified persons" for TDS

IIM Liable for GST TDS: AAR Rules Statutory Bodies Set Up by Parliament Must Deduct Tax

The Court noted that this amendment introduced by the Finance Act, 2022, was effective only from 01.04.2023 and could not be applied retrospectively to the 2018-19 assessment year.

Income Tax Amendment to Section 68 Cannot Be Applied Retrospectively: Gujarat HC

The Gujarat High Court dismissed the plea to convert a Section 74 CGST order into Section 73, holding that absence of documentary evidence bars such relief.

High Court Declines Conversion of Section 74 Proceedings to Section 73 in Absence of Documentary Evidence

Notifications

Govt. has reduced RoDTEP export incentives by 50% for many products, requiring exporters to adjust pricing and manage costs more carefully.

RoDTEP Rate Rationalisation 2026: What Export Businesses Need to Know

The Gujarat HC condoned a 372-day delay in filing a tax appeal after accepting the appellant’s bona fide belief that a similar matter was already pending before the Court.

Gujarat High Court Condones 372-Day Delay in Tax Appeal, Accepts Bona Fide Belief of Pending Case

Articles

From April 2026, salaried employees claiming HRA may need to disclose their relationship with landlords.

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IIM Liable for GST TDS: AAR Rules Statutory Bodies Set Up by Parliament Must Deduct Tax

Income Tax Amendment to Section 68 Cannot Be Applied Retrospectively: Gujarat HC

High Court Declines Conversion of Section 74 Proceedings to Section 73 in Absence of Documentary Evidence

RoDTEP Rate Rationalisation 2026: What Export Businesses Need to Know

Gujarat High Court Condones 372-Day Delay in Tax Appeal, Accepts Bona Fide Belief of Pending Case

Rent Paid to Family Members? New Tax Rules May Require Proof and Relationship Disclosure