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    May 15, 2026   Notifications IBC
    Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing dire...
    May 15, 2026   Circulars Customs
    Customs circular validity extended to keep specified maritime relief measures in force amid Strait of Hormuz disruptions.
    May 15, 2026   Circulars Customs
    Mandatory hazardous cargo declaration in Bills of Entry to trigger system flagging and faster customs clearance.
    May 15, 2026   Circulars FEMA
    RBI eases outward remittance tie-ups while imposing strict transparency, KYC, data privacy and fund-safeguarding duties on AD banks.
    May 15, 2026   Case Laws GST
    Capacity-based excise evasion allegations justified denial of bail where seized materials and statements showed prima facie concealment.
    May 15, 2026   Case Laws GST
    Speaking order requirement invalidated GST registration cancellation passed without reasons or proper application of mind.
    May 15, 2026   Case Laws GST
    Natural justice in limitation scrutiny requires an appellate authority to hear the appellant before dismissing a statutory appeal as time-barred.
    May 15, 2026   Case Laws GST
    Refund withholding fails where no interim restraint exists in the statutory appeal, requiring release of the deposited amount.
    May 15, 2026   Case Laws GST
    Composite GST assessment orders covering multiple tax periods cannot stand; separate proceedings are required for each assessment year.
    May 15, 2026   Case Laws GST
    Composite show-cause notice for multiple tax periods held impermissible; notice and adjudication set aside, with fresh proceedings allowed separately.
    May 15, 2026   Case Laws GST
    GST appellate remedy preserved after writ challenge declined, with delay condonation, statutory pre-deposit, and bank lien issue left open.
    May 15, 2026   Case Laws GST
    Input tax credit allowed for a specialised CCV tower treated as structural support forming part of plant and machinery.
    May 15, 2026   Case Laws Income Tax
    Refund adjustment against disputed demand held unsustainable; refund released with interest and coercive recovery stayed pending statutory remedies.
    May 15, 2026   Case Laws Income Tax
    CBDT reward claim for exceptional tax enforcement work to be reconsidered under a reasoned decision framework
    May 15, 2026   Case Laws Income Tax
    Reasoned stay orders are mandatory in tax demand cases; unreasoned instalment directions were set aside and remitted for fresh consideration.
    May 15, 2026   Case Laws Income Tax
    Debatable expenditure disallowance cannot by itself justify penalty for under-reporting where no inaccurate particulars were furnished.
    May 15, 2026   Case Laws Income Tax
    Ad hoc disallowance and bogus purchase additions deleted or restricted where records, banking payments, and sales were supported.
    May 15, 2026   Case Laws Income Tax
    Capital gains computation under stamp duty valuation provisions requires verification of the true property transaction before any addition is made.
    May 15, 2026   Case Laws Income Tax
    Genuine sales supported by records defeat bogus-sales addition and estimated profit on alleged partnership firm transactions.
    May 15, 2026   Case Laws Income Tax
    Reclassification of loan balances and tax entries as book adjustments held outside sections 68 and 41(1).
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May 15, 2026   Notifications IBC
Insolvency professional agency governance rules amended to add nominee directors, tighten independent director eligibility, and regulate managing director renewal.
May 15, 2026   Circulars Customs
Customs circular validity extended to keep specified maritime relief measures in force amid Strait of Hormuz disruptions.
May 15, 2026   Circulars Customs
Mandatory hazardous cargo declaration in Bills of Entry to trigger system flagging and faster customs clearance.
May 15, 2026   Circulars FEMA
RBI eases outward remittance tie-ups while imposing strict transparency, KYC, data privacy and fund-safeguarding duties on AD banks.
May 15, 2026   Case Laws GST
Capacity-based excise evasion allegations justified denial of bail where seized materials and statements showed prima facie concealment.
May 15, 2026   Case Laws GST
Speaking order requirement invalidated GST registration cancellation passed without reasons or proper application of mind.
May 15, 2026   Case Laws GST
Natural justice in limitation scrutiny requires an appellate authority to hear the appellant before dismissing a statutory appeal as time-barred.
May 15, 2026   Case Laws GST
Refund withholding fails where no interim restraint exists in the statutory appeal, requiring release of the deposited amount.
May 15, 2026   Case Laws GST
Composite GST assessment orders covering multiple tax periods cannot stand; separate proceedings are required for each assessment year.
May 15, 2026   Case Laws GST
Composite show-cause notice for multiple tax periods held impermissible; notice and adjudication set aside, with fresh proceedings allowed separately.
May 15, 2026   Case Laws GST
GST appellate remedy preserved after writ challenge declined, with delay condonation, statutory pre-deposit, and bank lien issue left open.
May 15, 2026   Case Laws GST
Input tax credit allowed for a specialised CCV tower treated as structural support forming part of plant and machinery.
May 15, 2026   Case Laws Income Tax
Refund adjustment against disputed demand held unsustainable; refund released with interest and coercive recovery stayed pending statutory remedies.
May 15, 2026   Case Laws Income Tax
CBDT reward claim for exceptional tax enforcement work to be reconsidered under a reasoned decision framework
May 15, 2026   Case Laws Income Tax
Reasoned stay orders are mandatory in tax demand cases; unreasoned instalment directions were set aside and remitted for fresh consideration.
May 15, 2026   Case Laws Income Tax
Debatable expenditure disallowance cannot by itself justify penalty for under-reporting where no inaccurate particulars were furnished.
May 15, 2026   Case Laws Income Tax
Ad hoc disallowance and bogus purchase additions deleted or restricted where records, banking payments, and sales were supported.
May 15, 2026   Case Laws Income Tax
Capital gains computation under stamp duty valuation provisions requires verification of the true property transaction before any addition is made.
May 15, 2026   Case Laws Income Tax
Genuine sales supported by records defeat bogus-sales addition and estimated profit on alleged partnership firm transactions.
May 15, 2026   Case Laws Income Tax
Reclassification of loan balances and tax entries as book adjustments held outside sections 68 and 41(1).

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SEBI

Circular on Development of Passive Funds - to protect the...

SEBI Circular Enhances Transparency and Efficiency in Passive Funds to Protect Investors and Boost Securities Market Growth.

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SEBI May 26, 2022 Circulars
Circular on Development of Passive Funds - to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
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Acts Income Tax
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