Cost Inflation Index revised, altering indexed capital gains computation and applying to the corresponding assessment year going forward.
The Central Government, under the Explanation to section 48 of the Income-tax Act, inserts the Cost Inflation Index for the financial year 2022-23 into the notification table, thereby updating the indexation basis used for computing indexed cost of acquisition and capital gains. The notification is effective from 1 April and applies to the corresponding assessment year and subsequent years as an amendment to the principal notification.

Late fee waiver for delayed filing of GSTR-4 grants temporary relief under a state GST notification.
State notification inserts a proviso waiving the late fee for delayed furnishing of FORM GSTR-4 for financial year 2021-22, creating a temporary exemption from late fee liability for the specified filing period while leaving other statutory obligations under the Maharashtra Goods and Services Tax framework intact.

Extension of tax payment due date: GST PMT form deposits may be deferred under specified rule to a later date.
The Commissioner, relying on the first proviso to sub-rule (3) of rule 61 of the Jharkhand GST Rules, 2017 and on the Council's recommendation, extends the due date for deposit of tax payable under the proviso to sub-section (7) of section 39 in FORM GST PMT-06 for April 2022 to the 27th day of May, 2022, and declares the notification effective from the 17th day of May, 2022.

Return filing extension: due date for FORM GSTR-3B extended, shifting the compliance deadline and declaring an effective date.
Extension of the due date for furnishing FORM GSTR-3B for the month of April 2022 is authorized under the Jharkhand GST statutory framework by the Commissioner on the Council's recommendation, extending the filing deadline into May and declaring the extension effective from an earlier date in May to provide procedural relief for taxpayers.

QRMP tax payment deadline for April 2022 was extended for deposits through FORM GST PMT-06.
QRMP scheme taxpayers received an extension for depositing April 2022 tax liability through FORM GST PMT-06 until 27 May 2022. The extension applies with effect from 17 May 2022 and concerns tax payable under the quarterly return and monthly payment framework.

Restoration of director registration requires a restoration fee and passing an online proficiency self-assessment within the restoration period.
A new sub-rule permits restoration of a removed individual's name on payment of a restoration fee; the name is placed in a restored category for the restoration period, during which the individual must pass an online proficiency self-assessment test to be included in the databank. If the individual passes, initial registration fees remain valid for their original term; if the individual fails within the restoration period, the name is removed and the individual must reapply under the original application procedure.

Faceless Assessment: specified income tax units authorised to exercise Assessing Officer powers concurrently for nationwide faceless proceedings.
Notification directs specified Income tax Authorities of Units, listed in the Schedule by unit and headquarters, to exercise the powers and functions of Assessing Officers concurrently to facilitate faceless assessment proceedings nationwide, subject to exclusions for persons, incomes or cases covered by earlier exclusionary notifications; it supersedes the 2021 notification and is deemed effective from 6 June 2022.

Control of income-tax authorities: notification prescribes hierarchical subordination and reallocation of assessment and technical units.
Directs an administrative hierarchy among income-tax authorities by prescribing subordination relationships between Principal Chief Commissioners, Chief Commissioners, Principal Commissioners and Income-tax Authorities of Units via a First Schedule (and a Second Schedule), including assignment of assessment, verification, review and technical units and identifying specified Principal Commissioners subordinate to the National Faceless Assessment Centre. The notification is effective retrospectively from a stated date to implement reversion, deployment and re-designation of existing posts and includes recorded amendments and corrections to the Schedules.

Misleading advertisement prevention: standards for truthful claims, endorsements, bait, surrogate and children-targeted advertising.
Guidelines set a regulatory framework to prevent misleading advertisements and govern endorsements, applicable to all advertisements and to advertisers, agencies, manufacturers, service providers and endorsers. Advertisements must be truthful, not exaggerate claims, be verifiable, and comply with sector-specific law; occasional unintentional lapses are tolerated if typical specimens can fulfil claims, failures are within acceptable limits and corrective action is taken. Special rules prohibit surrogate advertising, regulate bait and free-offer claims, restrict children-targeted advertising, require genuine endorsements and disclosure of material connections, and mandate prominent, non-contradictory disclaimers.

Registrar's re-submission timelines require correction on request or forms are treated invalid, preserving procedural clarity.
The rules empower the Registrar to call for further information or identify defects in Form STK-2 and require the applicant to remove defects and re-submit within specified limited periods, failing which the Registrar shall treat the Form as invalid in the electronic record; any re-submission prior to these amendments will not count toward the maximum number of re-submissions. The amendments also substitute Forms STK-1, STK-5 and STK-5A, prescribing the content of notices for proposed removal, public notices inviting objections, and web-linked listing procedures.

Late fee waiver for delayed GSTR-4 filing under GST for the specified period in Uttar Pradesh.
Late fee payable under section 47 for delay in furnishing FORM GSTR-4 for the Financial Year 2021-22 was waived for the period from 1 May 2022 to 30 June 2022. The waiver was inserted as an additional proviso in the existing Uttar Pradesh GST late-fee notification, and the amendment was given deemed effect from 26 May 2022.

Input tax credit conditioned on supplier filing and GSTR-2B communication, tightening refund and recovery controls.
Rule 36 conditions input tax credit on supplier furnishing of outward supply details in FORM GSTR-1 or via the invoice furnishing facility and on communication to recipients through FORM GSTR-2B; rule 95 requires an attested invoice copy where the applicant's Unique Identity Number is omitted for refund claims; new rule 144A establishes auction-based sale procedures for goods or conveyances detained or seized in transit with provisions for inventory, valuation, pre-bid deposits, bidder notices and transfer certificates, and rule 154 prescribes hierarchical appropriation of sale proceeds.

GST exemption for specified medical drugs limits state tax liability to listed capped rates, altering applicable levy for those goods.
Notification under section 11(1) of the Delhi Goods and Services Tax Act caps the amount of central tax leviable on specified pharmaceutical goods at the rates shown in the Table (Nil or 2.5%), thereby exempting state GST to the extent the central tax exceeds those capped rates for goods classified per the First Schedule to the Customs Tariff Act. The exemption applies for the period from 1 October 2021 to 31 December 2021.

Tax threshold reduction in Delhi GST notification: lower turnover limit substituted, reducing eligibility for existing threshold effective April.
Amendment substitutes the words "fifty crore rupees" in the first paragraph of Notification No. 13/2020 - State Tax with the words "twenty crore rupees", effective 1 April 2022, made under the Delhi Goods and Services Tax Rules on the Council's recommendation and issued by the Lieutenant Governor.

Higher TDS/TCS on specified persons: portal-based compliance check verifies PAN status and Aadhaar linkage for withholding agents.
Higher withholding applies to specified persons who have not filed the relevant return and meet the tax-deduction/collection threshold; CBDT authorised the Director General of Income-tax (Systems) to provide identification through a Reporting Portal functionality "Compliance Check for Section 206AB & 206CCA." Registered tax deductors/collectors using TAN-linked e-filing credentials and a designated principal officer can perform PAN Search or Bulk Search to obtain masked name, PAN allotment date, PAN-Aadhaar link status, specified person status and determination date, with supporting guidance and time-limited CSV outputs for bulk queries.

Correction to Customs Tariff Notification replaces wording 'against' with 'after' in the English text, per Gazette corrigendum.
Corrigendum to Notification No. 27/2022-Customs (G.S.R. 379(E)) published as G.S.R. 431(E) directs that in the English version, at page 4 line 19, the word 'against' be read as 'after', effecting a textual correction to the cited Gazette notification.

Late fee waiver under Section 47 for delayed GSTR-4 filings, providing temporary relief for a specified filing period.
The Government of Andhra Pradesh amends the earlier notification to insert a proviso waiving the late fee under Section 47 for delay in furnishing FORM GSTR-4 for the financial year 2021-22 for the period from 1 May 2022 to 30 June 2022. The waiver is issued under section 128 of the Andhra Pradesh GST Act on the recommendation of the GST Council and takes effect as an additional proviso to G.O.Ms.No.033 (Revenue (Commercial Taxes-II)).

Interest waiver for e-commerce operators where portal glitches prevented GSTR 8 filing, provided tax was deposited in ledger.
Notification sets the interest rate at Nil for listed electronic commerce operators who, due to a portal technical glitch, could not file FORM GSTR-8 for specified months despite depositing the tax collected under section 52(1) in the electronic cash ledger; the waiver covers the period from deposit of the tax until filing of the statement under section 52(4).

Late fee waiver for delayed GSTR-4 filing applies for the specified May-June 2022 period under statutory amendment.
An additional proviso waives the late fee for delay in furnishing FORM GSTR-4 for Financial Year 2021-22 under section 47, covering the period from 1 May 2022 to 30 June 2022; the amendment is made under Section 128 and is deemed effective from 26 May 2022.

Late fee waiver for GSTR-4 filing: delayed returns for the May-June filing window are exempt from late fee.
The notification inserts a proviso waiving the late fee for delay in furnishing FORM GSTR-4 for the financial year 2021-22, applicable to returns filed in the May-June filing window; the amendment is deemed effective from 26th May, 2022.