Here’s the Tax Law Daily Bulletin for August 28, 2026.
GST
- DIRECTOR’S NEXUS WITH GST ITC FRAUD AFTER RESIGNATION QUESTIONED: RAJASTHAN HIGH COURT GRANTS INTERIM PROTECTION
- MERE MISCLASSIFICATION OF ELIGIBLE ITC ACROSS IGST, CGST, SGST HEADS CAN’T SUSTAIN TAX DEMAND: GSTAT
- RETROSPECTIVE GST AMENDMENTS WARRANT RECONSIDERATION OF ITC DENIED U/S 16(4): RAJASTHAN HIGH COURT
- GST DEMAND CAN’T BE CONFIRMED UNDER VALUATION RULE DIFFERENT FROM ONE INVOKED IN SCN : GUJARAT HIGH COURT
- GSTAT ADMITS APPEAL CHALLENGING CLUBBING OF 6 FY IN SINGLE S. 74 GST NOTICE
- FAILURE TO REVERSE ITC ON EXEMPT ELECTRICITY SUPPLY, ALLEGED SUPPRESSION U/S 74: GSTAT ADMITS DEPT.’S APPEAL
- GSTAT ADMITS ITC DISPUTE OVER ALLEGED RETROSPECTIVE APPLICATION OF SECTION 16(2)(C) AMENDMENT, SAYS APPEAL RAISES “PURE QUESTION OF LAW”
- RS. 107 CRORE GST DEMAND AGAINST CEAT ON TYRES SUPPLIED WITH TUBES AND FLAPS QUASHED
Customs Duty
- LATER SUPREME COURT RULING CAN’T VALIDATE EARLIER S. 143(1) ADJUSTMENT ON DEBATABLE PF/ESI ISSUE: ITAT
- AO CAN’T REJECT DCF VALUATION BY COMPARING PROJECTIONS WITH ACTUAL RESULTS: ITAT
- DEPT. CAN’T FULLY DISBELIEVE HOSPITAL’S HIGHER CASH RECEIPTS DURING DEMONETISATION: ITAT RESTRICTS RS. 1.80 CRORE ADDITION TO RS. 5 LAKH
- S. 80P(4) NO BAR TO DEDUCTION ON INTEREST EARNED FROM CO-OPERATIVE BANK: ITAT
- PRE-COMMENCEMENT BUSINESS EXPENSES DEDUCTIBLE ONCE BUSINESS IS SET UP: ITAT
- BSNL VRS COMPENSATION FULLY EXEMPT U/S 10(10B): ITAT
- JUDICIAL ORDERS BLOCKING TDS OVERRIDE S. 201 DEFAULT: ITAT DELETES TAX DEMAND ON LTC PAYMENTS INVOLVING FOREIGN TRAVEL
