Here’s the Tax Law Daily Bulletin for July 09, 2026.
GST
- GST DEMAND RECOVERED BEFORE 2ND APPEAL PERIOD, RE-CREDITED TO E-CASH LEDGER INSTEAD OF BANK: TELANGANA HIGH COURT DIRECTS DECISION ON REFUND PLEA
- GST ORDER PASSED U/S 74 QUASHED AS SCN WAS ISSUED U/S 73: MADRAS HC
- UNSIGNED GST ASSESSMENT ORDER INVALID: ANDHRA PRADESH HIGH COURT
- KARNATAKA HIGH COURT EXAMINES GST ITC ELIGIBILITY AND VALIDITY OF COMMON MULTI-YEAR TAX NOTICES
- GST ITC ON BELATED RETURNS: KARNATAKA HIGH COURT RESTORES GST PROCEEDINGS, SAYS TAXPAYER MUST GET OPPORTUNITY TO CLAIM ITC UNDER AMENDED LAW
- GST Refund Interest Must Be Calculated from Original Refund Application, Not Fresh Filing After Court Order: Gujarat High Court
- Can GST Authorities Issue One Show Cause Notice for Multiple FY? Supreme Court to Decide
Service Tax
- ILLEGAL SERVICE TAX RECOVERY | CESTAT SLAMS DEPT. FOR ‘GROSS VIOLATION OF STATUTORY PROVISIONS’
- EXTENDED LIMITATION NOT INVOCABLE WITHOUT PROPER VERIFICATION: CESTAT QUASHES SERVICE TAX DEMAND BASED SOLELY ON FORM 26AS
- CONTRACTOR ENTITLED TO SERVICE TAX EXEMPTION FOR GOVERNMENT HEALTH CENTRE PROJECTS: CESTAT
- ASSESSEE CAN’T CLAIM INTEREST ABOVE STATUTORY 6% ON REFUND OF SERVICE TAX DEPOSIT MADE DURING INVESTIGATION: DELHI HIGH COURT
Customs Duty
- GOLD SMUGGLING | DELHI CUSTOMS RECOVERS 320 GRAMS GOLD FROM PASSENGER’S FOOTWEAR
- AHMEDABAD CUSTOMS SEIZES GOLD JEWELLERY WORTH RS. 98.79 LAKH CONCEALED BY WOMAN PASSENGER ARRIVING FROM ABU DHABI
- BOMBAY HIGH COURT ISSUES NOTICE ON CHALLENGE TO 13-YEAR-DELAYED DGFT SHOW CAUSE NOTICE
- GOLD SMUGGLING | PENALTY CAN’T BE IMPOSED SOLELY ON RETRACTED CONFESSION: CESTAT
- CHALLENGE TO ANTI-DUMPING FINAL FINDINGS NOT MAINTAINABLE UNDER ARTICLE 226 WHEN CESTAT APPEAL EXISTS: GUJARAT HIGH COURT
- CENTRE EXTENDS CUSTOMS DUTY CONCESSIONS FOR ELECTRONICS MANUFACTURING MACHINERY TILL MARCH 2029
Excise duty
- EDUCATION CESS & SHE CESS CREDIT CAN’T BE USED TO PAY EXCISE DUTY: CESTAT
- DGGI MUMBAI | BOILER FEED PUMPS PRIMARILY DESIGNED TO HANDLE WATER ELIGIBLE FOR CONCESSIONAL EXCISE DUTY: CESTAT
- CENVAT CREDIT ON DEALER COMMISSION FOR SALES PROMOTION CAN’T BE DENIED: CESTAT
Income Tax
- BUYBACK OF SHARES MAY OFFER A RARE “DOUBLE TAX BENEFIT” FOR CERTAIN MIDDLE-CLASS TAXPAYERS IN AY 2026-27
- AFTER 99-DAY WAIT, INCOME TAX DEPT. RELEASES ITR-5 EXCEL UTILITY FOR AY 2026-27
- COMMISSIONER CANNOT REVISE ASSESSMENT U/S 263 AFTER DUE INQUIRY: ITAT
- NO TRANSFER PRICING ADJUSTMENT ON DELAYED RECEIVABLES IF TAXPAYER IS DEBT-FREE: ITAT
- FAILURE TO REFER TRANSFER PRICING ISSUE TO TPO NOT FATAL; ITAT ORDERS FRESH ASSESSMENT
- INCOME TAX DEPT. CAN’T CONTINUE APPEAL AGAINST COMPANY DURING IBC MORATORIUM: ITAT
- ASSESSMENT INVALID AS AO FAILED TO INCORPORATE DRP DIRECTIONS: ITAT
- MERE NON-RESPONSE TO TAX NOTICES CAN’T JUSTIFY DISALLOWANCE: ITAT
- ITAT QUASHES SEARCH ASSESSMENT AFTER FINDING SAME ADDITIONS MADE SUBSTANTIVELY IN 2 HANDS U/S 153C
- GENUINE LOANS CAN’T BE TAXED AS UNEXPLAINED CASH CREDITS: ITAT
- BARC SHARE SUBSCRIPTION WAS NOT A PROHIBITED INVESTMENT: ITAT UPHOLDS S. 11 EXEMPTION
- ITAT UPHOLDS ₹11.45 LAKH ADDITION AFTER ASSESSEE FAILS TO EXPLAIN SEIZED CASH
Corporate Laws
- MCA EXTENDS COMPANIES AMNESTY SCHEME UPTO 31ST AUGUST 2026
- SOLE CREDITOR CAN’T MISUSE IBC AFTER FULL DEBT REPAYMENT OFFER: NCLAT TERMINATES CIRP DESPITE S. 7 ADMISSION
