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Sat, 24 Oct 2026 05:33:03 +0530 en-us webmaster@taxtmi.com editor@taxtmi.com 60 Fair Market Value of Unquoted Equity Shares Under Section 56(2)(viib) and Rule 11UA https://www.taxtmi.com/tmi_notes?id=2585 https://www.taxtmi.com/tmi_notes?id=2585 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Refund of Excess IGST Paid on Exports Following Clerical Error in FORM GSTR-3B https://www.taxtmi.com/tmi_notes?id=2584 https://www.taxtmi.com/tmi_notes?id=2584 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Revocation of Cancellation of GST Registration for Non-Filing of Returns under Section 30 and Rule 23 https://www.taxtmi.com/tmi_notes?id=2583 https://www.taxtmi.com/tmi_notes?id=2583 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI TOLA, Section 149 and the Surviving-Time Test for Reassessment Proceedings https://www.taxtmi.com/tmi_notes?id=2582 https://www.taxtmi.com/tmi_notes?id=2582 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Provisional Release of Unseized Imported Food Consignments under the Customs Act, 1962 https://www.taxtmi.com/tmi_notes?id=2581 https://www.taxtmi.com/tmi_notes?id=2581 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Recovery of Unpaid Anti-Dumping Duty After Self-Assessment Under Section 28 of the Customs Act, 1962 https://www.taxtmi.com/tmi_notes?id=2580 https://www.taxtmi.com/tmi_notes?id=2580 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Project-Wise Anti-Profiteering Methodology in Real Estate under Section 171 of the Central Goods and Services Tax Act, 2017 https://www.taxtmi.com/tmi_notes?id=2579 https://www.taxtmi.com/tmi_notes?id=2579 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Retirement Leave Encashment Exemption under Section 10(10AA)(ii) and Retrospective Application of Notification No. 31/2023 https://www.taxtmi.com/tmi_notes?id=2578 https://www.taxtmi.com/tmi_notes?id=2578 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Transit-State Jurisdiction under GST: Limits on Detention and Penalty in External Inter-State Supplies https://www.taxtmi.com/tmi_notes?id=2577 https://www.taxtmi.com/tmi_notes?id=2577 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Post-Facto Shareholder Ratification of Diversion of Preferential Issue Proceeds under the PFUTP Regulations https://www.taxtmi.com/tmi_notes?id=2576 https://www.taxtmi.com/tmi_notes?id=2576 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Section 195 Withholding on Payments to Non-Residents: Royalty, Fees for Technical Services and Business Profits under DTAAs https://www.taxtmi.com/tmi_notes?id=2575 https://www.taxtmi.com/tmi_notes?id=2575 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Penalty: Scope of "Any Person" under Section 122(1A) of the Central Goods and Services Tax Act, 2017 https://www.taxtmi.com/tmi_notes?id=2574 https://www.taxtmi.com/tmi_notes?id=2574 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Recovery of Corporate Debtor Premises and Proof of Tenancy, Lease or Licence Rights under the Insolvency and Bankruptcy Code, 2016 https://www.taxtmi.com/tmi_notes?id=2573 https://www.taxtmi.com/tmi_notes?id=2573 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Service of GST Notices through the Common Portal: Statutory Validity and Practical Accessibility https://www.taxtmi.com/tmi_notes?id=2572 https://www.taxtmi.com/tmi_notes?id=2572 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI TNMM Comparability: Operating Items, Search Matrix and Functional Analysis under Rule 10B https://www.taxtmi.com/tmi_notes?id=2571 https://www.taxtmi.com/tmi_notes?id=2571 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Validity of Gold Seizure under Section 110 and the Conditional Reverse Burden under Section 123 of the Customs Act, 1962 https://www.taxtmi.com/tmi_notes?id=2570 https://www.taxtmi.com/tmi_notes?id=2570 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Deduction under Section 80GGC: Genuineness of Political Contributions and Evidentiary Burden https://www.taxtmi.com/tmi_notes?id=2569 https://www.taxtmi.com/tmi_notes?id=2569 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Post-Death Determination of GST Liability and Estate-Limited Recovery from Legal Heirs https://www.taxtmi.com/tmi_notes?id=2568 https://www.taxtmi.com/tmi_notes?id=2568 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Non-Confirmation of Seizure under Section 37A of FEMA and the Requirement of Recorded Reasons to Believe https://www.taxtmi.com/tmi_notes?id=2567 https://www.taxtmi.com/tmi_notes?id=2567 Sat, 24 Oct 2026 05:33:03 +0530 FEMA Notes TaxLaws TaxTMI Oppression and Mismanagement Proceedings under Sections 241 and 242: Corporate Authority During Pending Appeals https://www.taxtmi.com/tmi_notes?id=2566 https://www.taxtmi.com/tmi_notes?id=2566 Sat, 24 Oct 2026 05:33:03 +0530 Corporate Laws Notes TaxLaws TaxTMI Benami Claims in Self-Acquired Property: Rejection of Plaint and the Limits of the Fiduciary-Capacity Exception https://www.taxtmi.com/tmi_notes?id=2565 https://www.taxtmi.com/tmi_notes?id=2565 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Reopening of Assessment under Sections 147 and 148: Reason to Believe, Tangible Material and Change of Opinion https://www.taxtmi.com/tmi_notes?id=2564 https://www.taxtmi.com/tmi_notes?id=2564 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Penalty under Section 270A on Disallowance of Political Donation Deduction under Section 80GGC https://www.taxtmi.com/tmi_notes?id=2563 https://www.taxtmi.com/tmi_notes?id=2563 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Conditional Registration under Section 12AB and the Limits of Commissioner's Statutory Powers https://www.taxtmi.com/tmi_notes?id=2562 https://www.taxtmi.com/tmi_notes?id=2562 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Transaction Value, Rule 12 and Enhancement Based on Consent Letters in Customs Valuation: Limits of Waiver in Reassessment of Imported Goods https://www.taxtmi.com/tmi_notes?id=2561 https://www.taxtmi.com/tmi_notes?id=2561 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI GST on Assignment of Leasehold Rights: Distinguishing Transfer of Immovable Property from Supply of Services https://www.taxtmi.com/tmi_notes?id=2560 https://www.taxtmi.com/tmi_notes?id=2560 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Leave Encashment Exemption for Non-Government Employees under Section 10(10AA)(ii) and the Enhanced Notified Ceiling https://www.taxtmi.com/tmi_notes?id=2559 https://www.taxtmi.com/tmi_notes?id=2559 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Dependent Agent Permanent Establishment under Article 5(5) of the India-Switzerland DTAA: Authority, Habitual Exercise and Evidentiary Standards https://www.taxtmi.com/tmi_notes?id=2558 https://www.taxtmi.com/tmi_notes?id=2558 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Proper Officer Jurisdiction for Customs Show Cause Notices under Sections 2(34), 17, 28 and 124 https://www.taxtmi.com/tmi_notes?id=2557 https://www.taxtmi.com/tmi_notes?id=2557 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Provisional Attachment of Pre-Offence Property as Proceeds of Crime or Equivalent Value under the PMLA https://www.taxtmi.com/tmi_notes?id=2556 https://www.taxtmi.com/tmi_notes?id=2556 Sat, 24 Oct 2026 05:33:03 +0530 PMLA Notes TaxLaws TaxTMI Disciplinary Suspension of Resolution Professionals Across Ongoing CIRPs: Proportionality, Hearing and Regulation 13(7) https://www.taxtmi.com/tmi_notes?id=2555 https://www.taxtmi.com/tmi_notes?id=2555 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Electronic Authentication of GST Demand Proceedings: Rule 26(3), Sections 75, 160 and 169 https://www.taxtmi.com/tmi_notes?id=2554 https://www.taxtmi.com/tmi_notes?id=2554 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Large-Scale GST Evasion Prosecutions: Cognizable and Non-Bailable Classification under Section 132 and Its Impact https://www.taxtmi.com/tmi_notes?id=2553 https://www.taxtmi.com/tmi_notes?id=2553 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Country of Origin Certificates and Preferential Customs Duty under Notification No. 46/2011-Customs r.w.s 28DA https://www.taxtmi.com/tmi_notes?id=2552 https://www.taxtmi.com/tmi_notes?id=2552 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Refund of Accumulated Input Tax Credit on Packing Materials under Section 54(3)(ii) of the CGST Act https://www.taxtmi.com/tmi_notes?id=2551 https://www.taxtmi.com/tmi_notes?id=2551 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Detention of Goods in Transit: Consequences of Delay in Notice under Section 129(3) https://www.taxtmi.com/tmi_notes?id=2550 https://www.taxtmi.com/tmi_notes?id=2550 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Section 192 TDS on Leave Travel Concession and the Effect of Subsisting Judicial Restraint https://www.taxtmi.com/tmi_notes?id=2549 https://www.taxtmi.com/tmi_notes?id=2549 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Cross-Segment Price Manipulation in Stock Derivatives under the SEBI Act and PFUTP Regulations https://www.taxtmi.com/tmi_notes?id=2548 https://www.taxtmi.com/tmi_notes?id=2548 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Enhanced Rate of Tax u/s 115BBE: Survey Surrenders of Excess Stock and Cash: Business Income, Deemed Income https://www.taxtmi.com/tmi_notes?id=2547 https://www.taxtmi.com/tmi_notes?id=2547 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Retention of Seized Mobile Phones and Bank Debit Cards Beyond the Section 67(7) Period https://www.taxtmi.com/tmi_notes?id=2546 https://www.taxtmi.com/tmi_notes?id=2546 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Classification of Disposable Analytical Cartridges under Chapter 90 and Heading 3926 https://www.taxtmi.com/tmi_notes?id=2545 https://www.taxtmi.com/tmi_notes?id=2545 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Pre-Movement E-Way Bill Compliance and Section 129 Detention for Undocumented Goods in Transit https://www.taxtmi.com/tmi_notes?id=2543 https://www.taxtmi.com/tmi_notes?id=2543 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Reasoned and Speaking Appellate Orders u/s 107 of the CGST Act: Duty to Decide Material Grounds of Appeal https://www.taxtmi.com/tmi_notes?id=2544 https://www.taxtmi.com/tmi_notes?id=2544 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Faceless Reassessment Jurisdiction: Retrospective Validation under Section 147A and Automated Allocation of Reassessment Cases https://www.taxtmi.com/tmi_notes?id=2542 https://www.taxtmi.com/tmi_notes?id=2542 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Doctrine of Merger: Effect of Non-Speaking and Speaking Dismissal of Special Leave Petitions on Merger and Review https://www.taxtmi.com/tmi_notes?id=2541 https://www.taxtmi.com/tmi_notes?id=2541 Sat, 24 Oct 2026 05:33:03 +0530 GST Notes TaxLaws TaxTMI Section 37 of the NDPS Act: Twin Conditions for Grant of Bail in Commercial Quantity Cases https://www.taxtmi.com/tmi_notes?id=2540 https://www.taxtmi.com/tmi_notes?id=2540 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI Pilferage of Imported Goods: Approval, Custody and Duty Liability under the Customs Act, 1962 https://www.taxtmi.com/tmi_notes?id=2539 https://www.taxtmi.com/tmi_notes?id=2539 Sat, 24 Oct 2026 05:33:03 +0530 Customs Notes TaxLaws TaxTMI Condonation of Delay in Statutory Appeals under Section 5 of the Limitation Act, 1963 https://www.taxtmi.com/tmi_notes?id=2538 https://www.taxtmi.com/tmi_notes?id=2538 Sat, 24 Oct 2026 05:33:03 +0530 TaxLaws Notes TaxTMI TDS Credit Where the Deductor Defaults: Proof of Deduction Without Form 16 or Form 16A https://www.taxtmi.com/tmi_notes?id=2536 https://www.taxtmi.com/tmi_notes?id=2536 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI Condonation of Delay for Filing Revised Returns under Section 119(2)(b): Genuine Hardship and Merits Adjudication https://www.taxtmi.com/tmi_notes?id=2537 https://www.taxtmi.com/tmi_notes?id=2537 Sat, 24 Oct 2026 05:33:03 +0530 Income Tax Notes TaxLaws TaxTMI TMI Updates - Newsletter dated: October 24, 2026 https://www.taxtmi.com/newsletter?id=10/24/2026 https://www.taxtmi.com/newsletter?id=10/24/2026 Daily Updates Tax