Loading...

⚠ ✕
❮ Top
☎ Help
Draft upto 3 replies to a
tax notice — FREE 🎉 ✕

150 credits · 30 days

• Basic Search → 1 Credit
• Advanced Search → 3 Credits
• Drafter → 20 to extract + 25 per issue
(≈ upto 2-3 drafts on us)

Already used our earlier 20-Credit Demo?
You are still eligible for this new 150-Credit Demo.

Activate your FREE Demo →
☰
GST ▸
Central GST ▸
Integrated GST + ▸
UTGST / SGST ▸
GST Case Laws + ▸
Income Tax ▸
Income Tax ▸
Allied (Direct Tax) ▸
Income Tax Case Laws ▸
DTAA ▸
International Taxation ▸
Customs ▸
Customs Act / Rules ▸
Notifications / Forms ▸
Circulars / Tariff ▸
Case Laws / Manual ▸
FTP/SEZ ▸
Foreign Trade ▸
Notifications / Circulars / Appendix / Forms ▸
Special Economic Zone (SEZ) ▸
Corp. Law ▸
Company Laws ▸
Standards / Trusts ▸
Partnership / LLP / Societies ▸
Case Laws ▸
FEMA ▸
FEMA / FCRA ▸
Notifications / Circulars ▸
Manual / FAQ ▸
FEMA Case Laws ▸
SEBI / IBC ▸
SEBI ▸
SEBI Case Laws ▸
IBC ▸
IBC - Case Laws ▸
PMLA ▸
Benami Property ▸
Black Money ▸
Money Laundering ▸
Vivad ▸
Direct Tax ▸
Indirect Taxes ▸
Indian Laws ▸
Indian Laws ▸
Bharatiya Nyaya 2023 ▸
Finance Acts & Bills / Amendment Acts ▸
Case Laws ▸
Labour Laws ▸
Labour Code ▸
Old / Others ▸
Central Excise ▸
Central Excise - Cases ▸
Wealth Tax ▸
Service Tax ▸
Service Tax Cases ▸
CST / DVAT ▸
CST / VAT / Sales Tax ▸
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Filters / Advanced Search ❯
TEXT

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ---- ❯
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    January 15, 2026
    ValueLabs to Continue Growth Journey as an Independent, Founder-Led Company
    January 15, 2026
    India, US trade deal 'very near'; both sides engaged on pending issues: Comm Secy
    January 15, 2026
    TGI FRIDAYS Unveils Lucknow Flagship At Phoenix Palassio
    January 15, 2026
    Jyot India Foundation, with MEA Support, Announces Vasudhaiva Kutumbakam Conclave 4.0 in Mumbai to Shape a Fair World Order
    January 15, 2026
    Kredily Launches One-Year Complimentary Bharat Payroll OS Plan as Labour Law Enforcement Tightens
    January 15, 2026
    BPCL Leads Nationwide Push to Expand PNG and CNG Adoption
    January 15, 2026
    International Rover Challenge and Space Drone Challenge 2026 to Be Held at Manipal Institute of Technology, Manipal
    January 15, 2026
    Bajaj General Insurance Introduces Fetal Flourish - A Pioneering Fetal Health Insurance Offering Priced at an Affordable Premium of INR 1025
    January 15, 2026
    Former Goa CM Parsekar's hotel sealed for illegal construction in salt pan
    January 15, 2026
    PFC keen to fund nuclear power projects, awaits govt policy clarity
    January 15, 2026
    L&T Technology Services Reports 10.2% YoY Growth in Q3FY26
    January 15, 2026
    KORA by Nilesh Mitesh Opens Its Third Store in Tamil Nadu at Anna Nagar, Chennai
    January 15, 2026
    FDDI Foundation Day and Industry Conclave Highlight Focus on Innovation and Skill Development
    January 15, 2026
    CGST Delhi South Commissionerate arrests two people for fraudulent availment of Input Tax Credit (ITC) of around ₹8.52 crore through bogus invoi...
    January 15, 2026
    Top EU leadership to grace R-Day celebrations; India-EU free trade deal likely during summit talks
    January 15, 2026
    Air India, IndiGo cancel some overseas flights as Iranian airspace closure impacts services
    January 15, 2026
    'Serious indictment' of Mamata: BJP over SC observation on ED plea in I-PAC raid case
    January 15, 2026
    World shares are mixed and oil sinks $3 after Trump says Iran stopped killings
    January 15, 2026
    Entrepreneur Manu Patolia, launches his book From Startups to Success with Simon and Schuster in partnership with The Sunflower Seeds
    January 15, 2026
    IIM Ahmedabad invites applications for the 2026–28 Batch of its Blended Post Graduate Programme in Management (BPGP) for working professionals & ent...
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
News
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
January 15, 2026
ValueLabs to Continue Growth Journey as an Independent, Founder-Led Company
Show AI Summary
ValueLabs will remain independent and founder-led to pursue AI-first, platform-led growth and deliver AI-driven enterprise services.
ValueLabs will remain an independent, founder-led company after a strategic review, citing strong momentum in its AI-first, platform-led offerings-centered on the AiDE platform-and significant inbound demand for outcome-based services such as BPAT and TaaS. The company frames founder-led governance as a strategic advantage to maintain speed, focus, and long-term intent while scaling enterprise AI delivery across its global workforce and client pipeline.
January 15, 2026
India, US trade deal 'very near'; both sides engaged on pending issues: Comm Secy
Show AI Summary
India-US trade deal negotiations are reportedly near conclusion, with finalisation contingent on mutual readiness and no set deadline.
Negotiations toward a bilateral trade agreement between India and the United States are nearing conclusion with teams addressing virtually all outstanding issues; no firm announcement date will be set and finalisation is contingent on both sides' mutual readiness, while prior tariff measures and policy disagreements have strained relations but have not halted engagement.
January 15, 2026
TGI FRIDAYS Unveils Lucknow Flagship At Phoenix Palassio
Show AI Summary
TGI Fridays Lucknow flagship opens under master franchise model, exclusive northern India partnership and planned regional expansion.
TGI Fridays opened a Lucknow flagship under a franchise-led expansion: Bistro Hospitality is the Master Franchisee overseeing brand strategy, and Feastary Hospitality LLP holds exclusive franchise rights for Northern India; the partnership establishes an exclusive territorial arrangement and structured franchise governance to scale outlets while preserving global brand standards and permitting regional adaptation.
January 15, 2026
Jyot India Foundation, with MEA Support, Announces Vasudhaiva Kutumbakam Conclave 4.0 in Mumbai to Shape a Fair World Order
Show AI Summary
VasudhaivaKutumbakam Conclave 4.0 mobilises policy, youth, and public engagement to advance justice centered governance.
VasudhaivaKutumbakam Conclave 4.0, convened by Jyot India Foundation with Ministry of External Affairs support, seeks to translate a 12 principle civilisational blueprint into actionable law and governance reforms centered on the Rule of Justice. The conclave employs a three engine strategy-policy maker engagement, youth programming, and societal outreach-using high impact panels, closed roundtables, a 25,000 sq. ft. research exhibition, legal exhibits commemorating constitutional values, and multi sector partnerships to promote policy momentum, future continuity, and public buy in.
January 15, 2026
Kredily Launches One-Year Complimentary Bharat Payroll OS Plan as Labour Law Enforcement Tightens
Show AI Summary
Kredily launches complimentary Bharat Payroll OS plan to help MSMEs meet tightened labour law compliance.
In light of intensified labour code enforcement, a Bengaluru HRMS provider offers a one year complimentary Bharat Payroll OS Plan to DPIIT recognised startups and Udyam registered MSMEs, extendable via registered chartered accountant firms. The platform automates payroll with statutory calculations and filings for provident fund, ESI, professional tax and TDS, generates payslips and digital audit trails, and integrates onboarding and HR documentation to reduce manual processes and compliance risk.
January 15, 2026
BPCL Leads Nationwide Push to Expand PNG and CNG Adoption
Show AI Summary
PNG and CNG adoption campaign coordinates industry outreach to expand consumer access and support cleaner energy transition.
PNG Drive 2.0 is an industry-led national campaign, coordinated by BPCL with guidance from PNGRB, to accelerate adoption of Piped Natural Gas (PNG) and Compressed Natural Gas (CNG) across residential, transport, industrial and commercial segments. The initiative uses harmonised messaging, shared assets and coordinated outreach to strengthen consumer awareness of reliable supply, lower emissions, cost efficiency and operational convenience, and to drive last mile adoption through community programmes, digital engagement and on ground activations.
January 15, 2026
International Rover Challenge and Space Drone Challenge 2026 to Be Held at Manipal Institute of Technology, Manipal
Show AI Summary
International Rover Challenge and Space Drone Challenge 2026 to be hosted at MIT Manipal with global student teams competing.
Manipal Institute of Technology will host the International Rover Challenge 2026 and International Space Drone Challenge 2026 on a purpose-built Mars-analogue terrain, where international and Indian student teams will compete in mission modules (R&DO, ABEx, IDMO, Autonomous Mission) that test robotics design, autonomy, sample handling, precision servicing, and broader planning and collaboration skills.
January 15, 2026
Bajaj General Insurance Introduces Fetal Flourish - A Pioneering Fetal Health Insurance Offering Priced at an Affordable Premium of INR 1025
Show AI Summary
Fetal health insurance rider covering 16 in utero procedures with INR 2 lakh per maternity event, two-event limit, and nine-month waiting period.
Bajaj General Insurance's Fetal Flourish rider attaches to specified base health indemnity policies and provides coverage up to INR 2 lakh per maternity event for the first two events, subject to a nine month waiting period and eligibility limited to women aged 18-45 years, and covers 16 specified diagnostic, therapeutic and surgical in utero procedures.
January 15, 2026
Former Goa CM Parsekar's hotel sealed for illegal construction in salt pan
Show AI Summary
Former Goa CM's restaurant sealed for illegal construction on salt pan land to halt unauthorised commercial use and protect public safety.
A deputy collector ordered sealing of a 700 sq.mt. restaurant on survey no. 52/1 at Arambol after a Mamlatdar report found structures, including a wooden pathway in a water body, erected on land recorded as a salt pan and shown as such in the Regional Plan without required permissions; the order directed immediate sealing to stop commercial operations and protect public safety.
January 15, 2026
PFC keen to fund nuclear power projects, awaits govt policy clarity
Show AI Summary
Power Finance Corporation seeks government policy clarity before funding nuclear power projects, citing fuel and revenue certainty.
PFC will finance nuclear power projects only after the government provides a clear policy framework; funding requires assessment of project viability and revenue certainty, specifically clarity on fuel sourcing and power offtake arrangements. Once government guidelines are issued, PFC will frame internal funding policies and rely on its existing appraisal mechanism.
January 15, 2026
L&T Technology Services Reports 10.2% YoY Growth in Q3FY26
Show AI Summary
L&T Technology Services reports 10.2% YoY revenue growth, $200M average TCV deal momentum and improved EBIT margin.
L&T Technology Services reported Q3 results with Rs 29,235 million revenue (10.2% YoY), US$326.3 million USD revenue (4.6% YoY), net profit of Rs 3,291 million and a 14.6% EBIT margin, citing sustained large deal wins averaging ~$200 million TCV, multiple significant bookings, strategic emphasis on AI and high margin segments, a patents portfolio of 1,655 (1,007 co authored), employee strength of 23,639, and a distribution disclaimer by PTI/Business Wire India.
January 15, 2026
KORA by Nilesh Mitesh Opens Its Third Store in Tamil Nadu at Anna Nagar, Chennai
Show AI Summary
KORA opens a 4,200 sq ft Anna Nagar store in Chennai offering luxury men's ethnic wear, bespoke tailoring, and styling services.
KORA by Nilesh Mitesh opened a 4,200 sq ft flagship store in Anna Nagar, Chennai, extending its presence after Nungambakkam and Coimbatore. The store provides dedicated traditional and fusion sections, bespoke wedding collections, made-to-measure tailoring, and personalized styling consultations, emphasizing veshti sets, sherwanis, pancha-kurta combinations, festive silk kurtas, and indo-western ensembles crafted with premium fabrics and intricate handwork. Appointment-based services, launch-week previews, and special offers accompany the opening.
January 15, 2026
FDDI Foundation Day and Industry Conclave Highlight Focus on Innovation and Skill Development
Show AI Summary
FDDI Foundation Day launches Vision 2030 and an Industry Membership Programme to boost skills, innovation and sustainability.
FDDI, an Institution of National Importance, unveiled Vision 2030 focused on innovation-led education, sustainability, entrepreneurship and global competitiveness, and launched an Industry Membership Programme alongside Memoranda of Understanding to institutionalise collaboration in education, research, skilling and technology transfer, aligning workforce development and industry-academia engagement.
January 15, 2026
CGST Delhi South Commissionerate arrests two people for fraudulent availment of Input Tax Credit (ITC) of around ₹8.52 crore through bogus invoices of ₹199.90 crore
Show AI Summary
GST fraud: bogus invoices used to claim ineligible input tax credit, arrests made and investigation ongoing.
Fraudulent availment of ineligible Input Tax Credit of about Rs.8.52 crore through bogus invoices of about Rs.199.90 crore was uncovered; searches showed closed or non existent business premises and statements attributed false ITC claims to a proprietor and his father, both arrested as direct beneficiaries, remanded to judicial custody, and subject to ongoing investigation to trace funds and additional beneficiaries under the CGST legal framework.
January 15, 2026
Top EU leadership to grace R-Day celebrations; India-EU free trade deal likely during summit talks
Show AI Summary
India-EU free trade agreement to be sealed at the summit, paired with a strategic agenda and defence cooperation.
Expected India-EU free trade agreement to be finalised at the India-EU Summit on January 27 to deepen bilateral trade ties, accompanied by a new strategic agenda and a defence framework pact identifying five priority domains and expanded cooperation on maritime security, cyber defence, counterterrorism, regional connectivity initiatives including the India-Middle East-Europe Economic Corridor, Global Gateway alignment, and trilateral engagement with third partners.
January 15, 2026
Air India, IndiGo cancel some overseas flights as Iranian airspace closure impacts services
Show AI Summary
Iranian airspace closure forces airlines to cancel and reroute international flights, causing delays and higher operational costs.
Closure of Iranian airspace forced Indian carriers to cancel or reroute international flights, affecting Air India services to the US and Europe and IndiGo services to CIS countries, Europe, and Turkey; alternative routing over Iraq increases sector length, fuel consumption, and operating costs, and in some cases prevents continuation of planned nonstop services, prompting airline advisories, cancellations, and operational incidents on affected flights.
January 15, 2026
'Serious indictment' of Mamata: BJP over SC observation on ED plea in I-PAC raid case
Show AI Summary
I-PAC raid raises scrutiny over alleged interference with central probe; FIR stayed and CCTV secured.
The ED alleges obstruction of its raids at a political consultancy, removal of evidence, and seeks a CBI probe into interference by state agencies. The court described the allegation as very serious, stayed the FIR against ED officers, ordered preservation of CCTV footage, and issued notices to the chief minister, state government, DGP and senior police to respond to the petition.
January 15, 2026
World shares are mixed and oil sinks $3 after Trump says Iran stopped killings
Show AI Summary
World markets mixed; oil fell after a political remark; antitrust probe opened and margin requirements raised.
World markets were mixed and oil fell nearly $3 a barrel after a US political leader said executions in Iran had stopped; US futures rose modestly. Asian moves included technology stock weakness, a Beijing-initiated antitrust investigation into a Chinese online travel platform, and Chinese regulators raising minimum margin requirements. Corporate factors included an increased buyout offer for Toyota Industries and a planned significant capital spending increase by a major chipmaker.
January 15, 2026
Entrepreneur Manu Patolia, launches his book From Startups to Success with Simon and Schuster in partnership with The Sunflower Seeds
Show AI Summary
Book From Startups to Success offers founders a practical roadmap for building sustainable, values-driven businesses.
Manu Patolia's From Startups to Success provides a practitioner's roadmap covering planning, execution, leadership, funding, systems, team building, sustainable growth, and exit planning. The book pairs actionable frameworks with decades of operational experience and stresses disciplined processes, long term thinking, and integrity as foundational principles for building durable, scalable enterprises.
January 15, 2026
IIM Ahmedabad invites applications for the 2026–28 Batch of its Blended Post Graduate Programme in Management (BPGP) for working professionals & entrepreneurs
Show AI Summary
IIM Ahmedabad BPGP admissions open for 2026-28: blended 80% online/20% campus, professional experience and aptitude test required.
IIM Ahmedabad's two-year BPGP for working professionals combines 80% live online instruction with 20% week-long campus immersions, employs case-method pedagogy and experiential components, and assesses candidates on academic background, professional experience, purpose, an aptitude test and readiness to contribute; applications for the 2026-28 cohort are open with a stated deadline and published contact and application portal details.

News

Back

All News

Showing Results for :
Reset Filters
No Records Found

News

Home › news › GST › 2026 › January, 2026 › This
Back

All News

GST

CGST Delhi South Commissionerate arrests two people for fraudulent availment of Input Tax Credit (ITC) of around ₹8.52 crore through bogus invoices of ₹199.90 crore

January 15, 2026

Contents
Acts
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

The Anti-Evasion Branch of the Central Goods & Services Tax (CGST) Delhi South Commissionerate has arrested the key persons for fraudulent availment of ineligible Input Tax Credit (ITC) amounting to approximately ₹8.52 crore through bogus invoices of ₹199.90 crore without actual receipt of goods.

Searches on January 12-13, 2026, at the principal place of business, additional sites, and residences uncovered closed/non-existent premises with minimal activity. Statements recorded under Section 70 of CGST Act 2017 revealed the proprietor's father-controlled operations and admitted fake ITC claims.

The persons arrested i.e. proprietor and his father were found to be direct beneficiaries of this evasion. The offence is punishable under Section 132 of the CGST Act, 2017. The persons arrested were produced before the Duty Magistrate and has been remanded to judicial custody for 14 days.

The investigation is ongoing to trace the flow of funds and identify any additional beneficiaries.

Topics

Acts Income Tax
Next ➔