Here’s the Tax Law Daily Bulletin for July 04, 2026.
GST
- RETROSPECTIVE USE OF S. 122(1A) FOR FY 2020–21 QUESTIONED: ALLAHABAD HIGH COURT STAYS GST PENALTY RECOVERY
- CENTRE EXTENDS TIME TO FILE APPEALS BEFORE GSTAT TILL JULY 31, 2026: ALLAHABAD HIGH COURT DISPOSES PETITION
- ALLAHABAD HIGH COURT STAYS GST DEMAND ON MINING ROYALTY TILL FURTHER ORDERS
- GSTAT CONSTITUTES SPECIAL BENCH TO DECIDE WHETHER DELAY BEYOND STATUTORY LIMIT CAN BE CONDONED UNDER GST LAW
- GSTAT SPECIAL BENCH TO DECIDE WHETHER DELAY BEYOND SECTION 107(4) CAN BE CONDONED; 504 APPEALS ACROSS INDIA TAGGED
- GENERAL PENALTY UNSUSTAINABLE WHERE LATE FEE ALREADY LEVIED: MADRAS HIGH COURT QUASHES DUPLICATE GST LATE FEE DEMAND
- FILING GST APPEAL? HERE’S WHAT YOU NEED TO KNOW | 2026
- GST TDS VS RCM ON SCRAP PURCHASE: REGISTERED AND UNREGISTERED DEALER RULES EXPLAINED
- MIZORAM CRACKS DOWN ON FAKE GST REGISTRATIONS USING FORGED DOCUMENTS AND UNAUTHORIZED PROPERTY DETAILS
Service Tax
- BALANCE SHEET-ST-3 MISMATCH REQUIRES PROPER RECONCILIATION: CESTAT REMANDS ₹6.72 CRORE SERVICE TAX DEMAND
- GROSS RECEIPTS MUST BE CORRECTLY DECLARED IN ST-3 RETURNS: CESTAT UPHOLDS SERVICE TAX DEMAND BASED ON INCOME TAX RETURN MISMATCH
Customs Duty
Income Tax
- BENEFICIARY OF PRIVATE TRUST CAN’T CLAIM SHARE OF TRUST LOSS UNLESS TRUST’S INCOME OR LOSS IS FIRST DETERMINED: ITAT
- AO CAN’T MAKE S. 69 ADDITION ON PROPERTY PURCHASE IN CASH BY CITING MERE INVESTIGATION WING INFORMATION: ITAT
- ALLAHABAD HIGH COURT QUASHES ENTRY TAX ASSESSMENT FOR IGNORING LIMITATION ISSUE, DIRECTS FRESH ORDER
- TDS ON COACHING FACULTY REMAINS U/S 194J, NOT SALARY PROVISION U/S 192: ITAT
- HOLDING COMPANY CAN’T ISSUE SHARES ON BEHALF OF SUBSIDIARY TO CLAIM S. 72A DEMERGER TAX BENEFITS: ITAT
- CBDT NOTIFIES TDS EXEMPTION ON AIRCRAFT LEASE RENTALS PAID TO IFSC UNITS UNDER INCOME-TAX ACT, 2025
PMLA
- MONEY LAUNDERING CAN’T STAND WHEN PREDICATE FIRS END IN CLOSURE REPORTS: ALLAHABAD HC GRANTS BAIL IN PMLA CASE
- NCLT CAN’T INTERFERE WITH ED’S PMLA ATTACHMENTS DURING CIRP: NCLAT
Corporate Law
Others
- ICAI PROPOSES HIGHER STIPEND FOR CA ARTICLES IN DRAFT AMENDMENT TO CHARTERED ACCOUNTANTS REGULATIONS, 2026
- RUPEE LIKELY TO STAY WEAK AGAINST U.S. DOLLAR DESPITE RBI MEASURES EXPECTED TO ATTRACT $50 BILLION IN INFLOWS
- EPFO REVAMPS UNIFIED MEMBER PORTAL: UAN ACTIVATION SHIFTS TO UMANG APP WITH AADHAAR FACE AUTHENTICATION
- HOW TO SAVE MONEY ON LPG CYLINDER BOOKING: BEST APPS, CASHBACK OFFERS IN 2026
- WARREN BUFFETT’S 11-WORD WARNING RETURNS AS STOCK MARKETS RALLY: WHAT EVERY INVESTOR SHOULD KNOW
- COUPON RATE VS BOND YIELD: UNDERSTANDING THE DIFFERENCE THAT CAN MAKE OR BREAK YOUR BOND INVESTMENT
- UNTOLD STORY BEHIND CAPE VERDE’S ECONOMY AND ITS RISE ON GLOBAL STAGE
