Under Section 260A, challenges to the classification of interest income and miscellaneous receipts require a substantial question of law. Binding jurisdictional precedent treats interest on staff loans and advances having a direct nexus with the business as business income rather than income from other sources. The same principle governs identical income-classification challenges, with no substantial question of law arising from the proposed questions.

Refund of tax borne by Special Economic Zone unit - Overriding effect of Special Economic Zone Act - Prevention of dual refund claims Refund entitlement of a Special Economic Zone unit that bore GST on zero-rated supplies received from Domestic Tariff Area suppliers - HELD THAT: - The Special Economic Zone Act, being a special enactment, prevails over inconsistent provisions by virtue of its overriding clause. The statutory scheme exempts supplies procured by an SEZ unit, while the zero-rated... ... ...

GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES EZHILAGAM, CHENNAI- 600 005 PRESENT: Dr. D.JAGANNATHAN I.A.S, COMMISSIONER OF STATE TAX Circular No. 13/2024 (PP6/GST-160/2024) Dated : 12.07.2024 Sub: -Regarding. Ref: Circular No. 219/13/2024-GST, dated 26.06.2024, issued by Government of India, Ministry of Finance, Department of Revenue, CBIC, GST Policy Wing. ****** In the reference cited, the Government of... ... ...

The new 3S (Sales, Service & Spares) touchpoint enhances service and repair accessibility for customers across Kargil, Drass, and the Leh-China border regions PPS-BharatBenz inaugurated its 3S (Sales, Service & Spares) facility at India's highest altitude at Leh, Ladakh September 23, 2026, Ladakh, India: Daimler India Commercial Vehicles (DICV), the maker of BharatBenz trucks and buses today inaugurated its new service centre operated by ‘PPS Trucking’ in the Leh district of Ladakh. With t... ... ...

The issue is whether the net outstanding borrowing used for application should be excluded or disallowed in computing application of income for that year, despite the full borrowed amount having been used. It further concerns whether repayment changes the amount reportable as application, and the appropriate reporting treatment of borrowing-based application and repayment in the income-tax return and Form 10B.

BGMI's final redeem-code series offers limited-time Golden Miramar - Pan rewards through general redeem codes valid only until September 25 on the official redemption website. Redemption requires a Character ID, valid code, Captcha verification, and submission through the redeem centre. Each code is limited to 10 users on a first-come, first-served basis; users may redeem one code daily, and each code is usable once per account. Guest accounts are excluded, and in-game mail rewards must be claimed within 30 days.

Loans, credit or advances provided between related persons are treated as supplies even without consideration. Lending services are exempt from GST where consideration consists solely of interest or discount, except interest relating to credit card services. No separate taxable processing, facilitation or administrative service may be imputed where an overseas affiliate or related person charges no fee other than interest or discount. However, processing fees, administrative charges, service fees or loan-granting charges charged in addition to interest or discount are taxable consideration for loan-related services.

Release of seized goods was to be considered by the Customs Authority in light of the Central Bureau of Narcotics clarification. The High Court did not finally adjudicate the merits of the release request, kept the writ petition pending, and permitted the Customs Authority to determine the request expeditiously. The substantive entitlement to release therefore remained undecided.

Tenure of the named Judicial and Technical Members of the National Company Law Appellate Tribunal is extended under section 410 of the Companies Act, 2013, read with section 24(2)(d) of the Tribunals Reforms Act, 2026. Their existing terms and conditions continue for five years from the date of appointment or until attainment of sixty-seven years, whichever is earlier.

Regulation 31 is revised to permit the liquidator to modify an entry in the list of stakeholders where additional information warrants the change. The liquidator must intimate the Adjudicating Authority of every such modification within thirty days. The amendment links authority to update stakeholder records with a defined reporting obligation.

Employees' State Insurance contributions become payable from 1 October 2026 for employers and employees of establishments throughout Niwari and the specified partially implemented districts of Madhya Pradesh. The extension is made under the First Schedule to the Code on Social Security, 2020. Contributions are payable under section 29, while employees of covered establishments receive benefits administered by the Employees' State Insurance Corporation under Chapter IV.

Insurers settling motor vehicle repair claims through reimbursement may claim input tax credit on approved repair costs where they bear the liability and the invoice is issued in their name. The insured's initial payment to a non-network garage does not prevent the insurer from being treated as the recipient to the extent of the approved claim cost. Where repair charges exceed the approved amount, credit is limited to the amount reimbursed by the insurer. Credit is unavailable if the repair invoice is not issued in the insurer's name.

Time limits for issuance of orders under section 73(9) were extended for recovery of tax not paid or short paid, and input tax credit wrongly availed or utilised. For financial year 2018-19, orders may be issued up to 30 April 2024, and for financial year 2019-20, up to 31 August 2024. The extended limits apply retrospectively with effect from 28 December 2023.

Interest or dividend income derived by a co-operative society from investments with another co-operative society qualifies for deduction under Section 80P(2)(d). A co-operative bank remains a co-operative society for this purpose, and the exclusion under Section 80P(4), which concerns a co-operative bank's own deduction entitlement, does not restrict the investing society's claim. Accordingly, interest on deposits with co-operative societies or co-operative banks is deductible. Where non-jurisdictional High Court views conflict, the interpretation favourable to the assessee applies, requiring computation of the allowable deduction on that basis.

Entry 34 of List II is analysed as extending to betting on uncertain outcomes even when the underlying game substantially involves skill. The legal inquiry separates the game from an outcome-linked monetary stake: skill classification does not itself immunise wagering. A genuine participation fee for a skill competition may differ from betting, depending on the payment's character, the event structure and its connection to potential gain. State laws may target wagering in cyber space, while public-order competence requires a real and proximate nexus with community-wide disruption.

Aadhaar Enabled Biometric Attendance System (AEBAS) is mandatory for regular and temporary government employees and integrates attendance and leave data with PRANALI. Monthly reports are verified to identify authorised leave and net absence. Remaining unauthorised absence may result in digitally issued extraordinary-leave or leave-without-pay orders, personnel-record updates, and automated salary deductions. Temporary employees' failure to record attendance is treated as leave without pay.

Swastika Infra Limited proposes an initial public offering comprising a fresh issue of equity shares and an offer for sale, with proposed listings on BSE Limited and National Stock Exchange of India Limited. The allocation framework covers qualified institutional buyers, anchor investors, non-institutional investors and retail individual investors. Net fresh-issue proceeds are intended for incremental working-capital requirements and general corporate purposes. Completion remains subject to statutory and regulatory requirements, approvals, market conditions and other considerations.

Free warranty replacement parts and repairs are treated as costs embedded in the original taxable supply, so no further GST or input tax credit reversal arises where the customer pays no separate consideration. Additional charges remain taxable. A distributor billing the manufacturer for parts or repair services makes a taxable supply to the manufacturer, while manufacturer-provided warranty parts or free customer replacements do not trigger tax or credit reversal. Credit-note adjustment for distributor-held parts requires reversal of the related input tax credit.

Punjab SGST rate schedules place specified paper or paperboard cartons, milk cans made of iron, steel or aluminium, and solar cookers in the 6 per cent Schedule II. Related 9 per cent Schedule III entries are revised to exclude or separately classify these goods, including aluminium milk cans under utensils. Agricultural farm produce supplied in packages exceeding 25 kilograms or 25 litres is not regarded as pre-packaged and labelled for the relevant classification.

Ex parte GST assessment concerning second-hand mobile phones was remitted for fresh disposal to enable substantiation of margin-based taxation under Rule 32(5) through supporting records. The claim that tax applied only to the margin on resale required factual examination. The dealer was permitted to file a reply and supporting documents, and no deposit of disputed tax was required in view of the margin-taxation contention. The assessment was set aside for reconsideration.