Here’s the Tax Law Daily Bulletin for October 31, 2026.
GST
- RS. 11.56 CRORE GST ITC FRAUD CASE: PUNJAB & HARYANA HIGH COURT GRANTS BAIL AS INVESTIGATION IS COMPLETE
- GST REFUND FILED ON LAST DAY OF EXTENDED DEADLINE IS WITHIN TIME; DEFICIENCY MEMOS DON’T RESET FILING DATE: GSTAT
- RETROSPECTIVE GST REGISTRATION CANCELLATION DOESN’T BAR AUDIT FOR LATER PERIOD: DELHI HIGH COURT
- GSTR-3B/GSTR-9 MISMATCH ALONE CAN’T PROVE EXCESS ITC: GSTAT
- E-WAY BILL MISMATCH ALONE CAN’T JUSTIFY GST DEMAND: GSTAT QUASHES DEMAND AGAINST JOB WORKER
- GST REFUND CAN’T BE DENIED MERELY BECAUSE GOODS WERE EXPORTED AFTER CLAIM PERIOD: GSTAT
- FULL CAPITAL GOODS CREDIT CAN BE CLAIMED THROUGH TRAN-1 EVEN IF NONE WAS AVAILED BEFORE GST: GSTAT
- GST EXPORT REFUND CAN’T BE DENIED MERELY BECAUSE GOODS WERE SHIPPED AFTER CLAIM PERIOD: GSTAT
- GSTAT UPHOLDS MULTI-YEAR GST NOTICES, REJECTS S. 74 FOR DISCLOSED ITC MISMATCH AND FREIGHT LIABILITY
- GSTAT DENIES 0.1% EXPORT CONCESSION FOR DRUMS SENT TO DISTILLERIES, GRANTS PARTIAL RELIEF FROM S. 74
- EXEMPT CATTLE FEED SALES ALONE DOESN’T WARRANT ITC REVERSAL; COMMON CREDIT MUST BE VERIFIED: GSTAT
- DEFECTIVE GST NOTICE CAN’T SUSTAIN RS. 2.50 CRORE RECREDIT DEMAND: GSTAT ORDERS RECONCILIATION OF TAX PAID UNDER WRONG HEAD
- DEFECTIVE GST NOTICE CAN’T SUSTAIN RS. 2.50 CRORE RECREDIT DEMAND: GSTAT ORDERS RECONCILIATION OF TAX PAID UNDER WRONG HEAD
- COMMISSIONER’S APPROVAL CAN’T OVERRIDE RS. 20 LAKH APPEAL LIMIT: GSTAT DISMISSES DEPT.’S PENALTY APPEAL
Income Tax
- INCOME TAX PENALTY INVALID IF NOTICE FAILS TO SPECIFY UNDER-REPORTING OR MISREPORTING CHARGE: ITAT
- ₹2.59 CRORE CASH DEPOSIT ADDITION: ITAT UPHOLDS VERIFICATION OF WITHDRAWALS AND PEAK CREDIT BEFORE TAXING UNEXPLAINED AMOUNT
