Here’s the Tax Law Daily Bulletin for March 2, 2026.
GST
- GROSS GST COLLECTIONS RISE 8.1% TO ₹1.83 LAKH CRORE IN FEBRUARY 2026; NET REVENUE UP 7.9%
- GST ITC | PROPER OFFICER HAS DUTY TO PREVENT TAX EVASION, MAY ISSUE SCN: CALCUTTA HIGH COURT REFUSES TO INTERFERE IN SCN BUT QUASHES ORDER
- GST PENALTY ON ALLEGED MISDECLARATION OF INDUSTRIAL SOLVENT UPHELD: ALLAHABAD HIGH COURT
- GST PENALTY ON ALLEGED MISDECLARATION OF INDUSTRIAL SOLVENT UPHELD: ALLAHABAD HIGH COURT
- OPPO CHALLENGES S. 15(3)(B) CGST ACT: ALLAHABAD HIGH COURT STAYS RECOVERY BEYOND 10% DEPOSIT
- APPELLATE AUTHORITY IGNORED GROUND ON NON-UPLOADING OF MANDATORY GST DRC-07: ALLAHABAD HC QUASHES OF GST APPEAL REJECTION
- GST DEMAND PASSED AGAINST DECEASED PROPRIETOR WITHOUT NOTICE TO LEGAL HEIR QUASHES: ALLAHABAD HC
- RS. 6.99 CRORE COMPENSATION CESS DEMAND ON SUV GROUND CLEARANCE INTERPRETATION CHALLENGED BEFORE KARNATAKA HIGH COURT
- INTEREST NOT MENTIONED IN GST SCN CAN’T BE IMPOSED LATER: ALLAHABAD HIGH COURT
- ALLEGED FAKE ITC RACKET POSED SERIOUS THREAT TO PUBLIC EXCHEQUER: ALLAHABAD HC DENIES BAIL
Customs Duty
- RS. 2.37 CRORE SEIZED GOLD AT IGI AIRPORT; 39-YEAR-OLD WOMAN ARRESTED
- 1.329 KG GOLD SEIZED AT IGI AIRPORT; 2 MYANMAR NATIONALS HELD FOR CONCEALMENT
- CUSTOMS CAN’T ENHANCE VALUE SOLELY ON MARKET SURVEY AND RECLASSIFY ‘WALKING STICK WITH TORCH’ AS LIGHTING EQUIPMENT: CESTAT
Income Tax
Others
- COST OF RS. 1 LAKH IMPOSED FOR MISUSING WRIT REMEDY TO AVOID TIMELY PAYMENT OF PROPERTY TAX SINCE PAST 3 YEARS: ALLAHABAD HIGH COURT
- 10 BEST CRYPTOCURRENCY APPS IN INDIA WITH LOW FEES (2026 EDITION)
- WHAT IS THE BEST WAY TO BUY SILVER AS AN INVESTMENT? KNOW COMPARISION
- STOCK MARKET FALLS, RUPEE WEAKENS AS OIL PRICES JUMP AMID US ISRAEL WAR ON IRAN
- GLOBAL MARKETS TUMBLE AS US-ISRAEL STRIKE ON IRAN ESCALATES CONFLICT, CRUDE OIL SOARS
- CA FINAL EXAMINATIONS | ICAI ISSUES DETAILED ELIGIBILITY GUIDELINES FOR MAY 2026
Read More: CA Final Examinations | ICAI Issues Detailed Eligibility Guidelines for May 2026
