Here’s the Tax Law Daily Bulletin for May 7, 2026.
GST
- ILLNESS OF TAXPAYER’S FATHER NOT AN EXCEPTIONAL CIRCUMSTANCE TO CONDONE DELAY IN FILING GST APPEAL: J&K AND LADAKH HIGH COURT
- CUSTODIAL INTERROGATION NECESSARY IN RS. 35 CRORE FAKE ITC FRAUD CASE: PUNJAB & HARYANA HIGH COURT DENIES ANTICIPATORY BAIL
- GST NOTICE OVER YOUR UPI PAYMENTS? WHY SMALL BUSINESSES ACROSS INDIA NEED TO BE CAREFUL
- GSTR-5A FILING FOR OIDAR SERVICES: GST COMPLIANCE RULES EVERY FOREIGN DIGITAL PLATFORM MUST KNOW
- GST PROCEEDINGS ON CORPORATE GUARANTEES GIVEN WITHOUT CONSIDERATION QUASHES: BOMBAY HIGH COURT
Service Tax
- CAMPUS PLACEMENT FEES COLLECTED FROM STUDENTS NOT TAXABLE UNDER SERVICE TAX: CESTAT
- CESTAT QUASHES RS. 29.72 LAKH SERVICE TAX DEMAND ON RENT-A-CAB SERVICES
- NO SERVICE TAX RECOVERY NOTICE MAINTAINABLE AFTER VOLUNTARY REVERSAL OF CENVAT CREDIT POINTED OUT DURING AUDIT: CESTAT
Customs Duty
- CUSTOMS AT IGI AIRPORT SEIZES 5.4 KG MARIJUANA FROM BANGKOK PASSENGER
- CUSTOMS SEIZES MARIJUANA WORTH RS. 97 LAKH FROM BANGKOK PASSENGER AT DELHI IGI AIRPORT
- CESTAT ALLOWS AMENDMENT OF BILL OF ENTRY FOR REFUND CLAIM ON EXCESS CUSTOMS DUTY PAID DUE TO MISSED EXEMPTION
- CESTAT REDUCES PENALTY IN EPCG FRAUD CASE INVOLVING THIRD-PARTY SHIPPING BILLS
- EXPORTERS NOT LIABLE TO PAY SERVICE TAX ON FOREIGN BANK CHARGES DEDUCTED FROM EXPORT PROCEEDS: CESTAT
- E-SCOOTER IMPORTS IN CKD CONDITION CAN’T BE ARTIFICIALLY TREATED AS COMPLETE E-SCOOTERS: CESTAT QUASHES RS. 56.45 CRORE CUSTOMS DEMAND
- CESTAT FLAGS “GROSS VIOLATION OF NATURAL JUSTICE” IN CUSTOMS REFUND ADJUSTMENT DONE WITHOUT HEARING IMPORTER
Excise Duty
- R. 8 VALUATION INAPPLICABLE ON JOB WORK GOODS SENT BACK TO PRINCIPAL MANUFACTURER FOR FURTHER USE: CESTAT
- CESTAT UPHOLDS EXTENDED LIMITATION, REJECTS REVENUE NEUTRALITY PLEA IN CENVAT CREDIT REVERSAL DISPUTE
Income Tax
- TDS/TCS PAYMENTS UNDER MULTIPLE SECTIONS CAN NOW BE DEPOSITED THROUGH SINGLE CHALLAN UNDER NEW INCOME TAX ACT REGIME
- TDS & TCS RATE CHART FOR TAX YEAR 2026–27 ALONG WITH PAYMENT CODES UNDER INCOME TAX ACT, 2025
- DON’T PANIC IF YOU DON’T WITHDRAW CASH EVERY MONTH: ITAT SAYS DISCLOSED RENTAL INCOME CAN EXPLAIN HOUSEHOLD EXPENSES
- ITAT DELETES RS. 134.99 CRORE ADDITION ON SHARE CAPITAL RECEIVED FROM NON-RESIDENT HOLDING COMPANY VIA BANKING CHANNEL
- FACELESS ASSESSMENT COMPLETED WITHOUT SCN: ITAT DELETES RS. 1.64 CRORE ADDITION
- ITAT QUASHES REASSESSMENT ORDERS DUE TO TIME-BARRED SECTION 148 NOTICES AND INVALID SANCTION FROM WRONG AUTHORITY
- ITAT DELETES RS. 38.20 CRORE TRANSFER PRICING ADJUSTMENT AGAINST BOEING INDIA DEFENCE UNIT
- WHATSAPP CHATS ALONE CAN’T PROVE BOGUS TRANSACTIONS: ITAT DELETES RS. 89.50 LAKH ADDITION ON GIFTS FROM NRI FATHER-IN-LAW
- SALARIED PERSON NOT REQUIRED TO MAINTAIN CASH BOOK: ITAT DELETES RS. 12.08 LAKH DEMONETISATION CASH DEPOSIT ADDITION
