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Wed, 04 Nov 2026 19:26:13 +0530 en-us webmaster@taxtmi.com editor@taxtmi.com 60 Revision in E-Way Bill and Consolidated E-Way Bill Numbering Formats w.e.f. 1 January 2027 https://www.taxtmi.com/news?id=75182 https://www.taxtmi.com/news?id=75182 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Implementation of Risk-Based Selective Boarding of Vessels at Minor Ports under Marine Preventive Wing of Customs Preventive Commissionerate, Mumbai Customs Zone - III https://www.taxtmi.com/circulars?id=71734 https://www.taxtmi.com/circulars?id=71734 Wed, 04 Nov 2026 19:26:13 +0530 Customs Circulars TaxLaws TaxTMI Review of Know Your Client process for individual Person Resident Outside India clients https://www.taxtmi.com/circulars?id=71905 https://www.taxtmi.com/circulars?id=71905 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Circulars TaxTMI NLMC Successfully Concludes Second Phase of RINL Land E-Auction at Visakhapatnam on 3rd November 2026, Generates Rs.218 Crore in Successful Bids https://www.taxtmi.com/news?id=75181 https://www.taxtmi.com/news?id=75181 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Corrigendum - Notification no. 24/2019/F. No. 196/73/2018-ITA-I dated 19.03.2019 https://www.taxtmi.com/notifications?id=147535 https://www.taxtmi.com/notifications?id=147535 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Notifications TaxLaws TaxTMI Notice under Section 74 of GST for recovery of late fees /forum/issue?id=121190 /forum/issue?id=121190 Wed, 04 Nov 2026 19:26:13 +0530 GST Discussion-Forum TaxLaws TaxTMI Amendment to Chapter 10 of the Handbook of Procedures (HBP), 2023 – Extension of SCOMET Authorisation-based facilitation to eligible 4-Star and 5-Star Status Holders and extension of validity of General Authorisation for Export after Repair in India (GAER) https://www.taxtmi.com/circulars?id=71890 https://www.taxtmi.com/circulars?id=71890 Wed, 04 Nov 2026 19:26:13 +0530 Customs Circulars TaxLaws TaxTMI Corporate guarantees without fees may attract GST, with deemed valuation applying only after taxable supply is established. https://www.taxtmi.com/highlights?id=105831 https://www.taxtmi.com/highlights?id=105831 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Cross-border secondment reimbursements require separate employment and knowledge-transfer analysis before taxation as included services under the India-USA treaty. https://www.taxtmi.com/highlights?id=105830 https://www.taxtmi.com/highlights?id=105830 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI GST appeal pre-deposits may be met by verified earlier payments after demand reduction, but filing fees remain separate. https://www.taxtmi.com/highlights?id=105829 https://www.taxtmi.com/highlights?id=105829 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Inter-society interest payments by co-operative banks qualify for TDS exemption, subject to applicable statutory turnover and interest thresholds. https://www.taxtmi.com/highlights?id=105828 https://www.taxtmi.com/highlights?id=105828 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Input tax credit and supplier non-payment: credit cannot be reversed mechanically without transaction scrutiny and supplier recovery review https://www.taxtmi.com/highlights?id=105827 https://www.taxtmi.com/highlights?id=105827 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Classification of Two-Ton Ductless Split Air Conditioners under Tariff Item 8415 82 10 https://www.taxtmi.com/tmi_notes?id=2608 https://www.taxtmi.com/tmi_notes?id=2608 Wed, 04 Nov 2026 19:26:13 +0530 Customs Notes TaxLaws TaxTMI Transfer Pricing of Pre-Conversion Interest on Compulsorily Convertible Debentures https://www.taxtmi.com/tmi_notes?id=2607 https://www.taxtmi.com/tmi_notes?id=2607 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Notes TaxLaws TaxTMI Real estate allottee insolvency claims require revised Form CA, while stated relief preferences do not create enforceable rights. https://www.taxtmi.com/highlights?id=105826 https://www.taxtmi.com/highlights?id=105826 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI REIT depository receipts face non-resident holding rules, exchange listing requirements and unitholder approval for fresh issues https://www.taxtmi.com/highlights?id=105825 https://www.taxtmi.com/highlights?id=105825 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Export payments through repatriable accounts, permitted set-offs and net retention satisfy payment conditions; unrealised goods proceeds affect refunds. https://www.taxtmi.com/highlights?id=105824 https://www.taxtmi.com/highlights?id=105824 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Input tax credit on used vehicle trading expenses remains available under the GST margin scheme, subject to statutory conditions. https://www.taxtmi.com/highlights?id=105823 https://www.taxtmi.com/highlights?id=105823 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST exemptions and valuation rules clarify treatment of grant-funded research, vehicle lease recoveries, bank fund transfers and co-lending. https://www.taxtmi.com/highlights?id=105822 https://www.taxtmi.com/highlights?id=105822 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Customs procedure uniformity requires adoption of model clearance practices, subject to specific local requirements and infrastructure or geographical constraints. https://www.taxtmi.com/highlights?id=105821 https://www.taxtmi.com/highlights?id=105821 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Flame-retardant fabric declarations require electronic qualifiers for covered textile exports, supporting product identification and recognition of incentive eligibility. https://www.taxtmi.com/highlights?id=105820 https://www.taxtmi.com/highlights?id=105820 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI APEDA Facilitates Trial Export of 1.5 MT of Arunachal Pradesh Kiwi to Dubai https://www.taxtmi.com/news?id=75180 https://www.taxtmi.com/news?id=75180 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI APEDA Facilitates Export of 1.3 MT of Sinduri Pomegranates from Kullu to Dubai https://www.taxtmi.com/news?id=75179 https://www.taxtmi.com/news?id=75179 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Identical GST Rates on Principal Input and Output Do Not Eliminate an Inverted Duty Structure https://www.taxtmi.com/article/detailed?id=17696 https://www.taxtmi.com/article/detailed?id=17696 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI A Statutory Refund Entitlement Cannot Be Defeated Merely by a Subsequent Filing Date https://www.taxtmi.com/article/detailed?id=17695 https://www.taxtmi.com/article/detailed?id=17695 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Redesigning the Client's Chart of Accounts: Building a Ledger That Answers Management's Questions https://www.taxtmi.com/article/detailed?id=17694 https://www.taxtmi.com/article/detailed?id=17694 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI From Year-End Reconstruction to a Ten-Day Monthly Close: A Practical Blueprint for Accountants https://www.taxtmi.com/article/detailed?id=17693 https://www.taxtmi.com/article/detailed?id=17693 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI FILING OF GSTR – 4 ANNUAL RETURN https://www.taxtmi.com/article/detailed?id=17692 https://www.taxtmi.com/article/detailed?id=17692 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Competing With Corporates and Platforms: How SMEs - and Small CA Firms - Win Without Matching Their Budgets https://www.taxtmi.com/article/detailed?id=17691 https://www.taxtmi.com/article/detailed?id=17691 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI Goodwill You Can't Capitalise: Why Reputation Is the Most Valuable Asset Missing From the Accounts https://www.taxtmi.com/article/detailed?id=17690 https://www.taxtmi.com/article/detailed?id=17690 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI GST arrest safeguards require the Commissioner's recorded reasons and document identification numbers on specified arrest-related communications. https://www.taxtmi.com/highlights?id=105819 https://www.taxtmi.com/highlights?id=105819 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST amnesty recognises adjusted tax payments from the original intimation date when assessing interest and penalty waiver eligibility. https://www.taxtmi.com/highlights?id=105818 https://www.taxtmi.com/highlights?id=105818 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST recovery on disclosed works-contract price adjustments requires material showing deliberate evasion to invoke the extended limitation period. https://www.taxtmi.com/highlights?id=105817 https://www.taxtmi.com/highlights?id=105817 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Deemed export refunds for suppliers require recipient undertakings, with supply-wise limitation and cross-year claims permitted under GST. https://www.taxtmi.com/highlights?id=105816 https://www.taxtmi.com/highlights?id=105816 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Transit-state penalty powers exclude documented goods without local tax incidence; revenue-neutral stock-transfer invoice timing mismatches also avoid penalties. https://www.taxtmi.com/highlights?id=105815 https://www.taxtmi.com/highlights?id=105815 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Documented input tax credit, appropriation of paid tax and timely tax and interest payment defeat disputed demands and penalties. https://www.taxtmi.com/highlights?id=105814 https://www.taxtmi.com/highlights?id=105814 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Draft assessments for prejudicial transfer pricing adjustments protect objection rights and must precede final faceless assessments. https://www.taxtmi.com/highlights?id=105813 https://www.taxtmi.com/highlights?id=105813 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Interest on enhanced land compensation under Section 28 forms part of compensation, with agricultural land claims assessed for tax refunds. https://www.taxtmi.com/highlights?id=105812 https://www.taxtmi.com/highlights?id=105812 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Software services comparability depends on actual activities, credible segmental data, business scale, brands and related party transaction filters. https://www.taxtmi.com/highlights?id=105811 https://www.taxtmi.com/highlights?id=105811 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Rebuttable presumption for survey records requires cogent evidence to counter entries recording unaccounted medical receipts. https://www.taxtmi.com/highlights?id=105810 https://www.taxtmi.com/highlights?id=105810 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Stamp duty valuation certificates do not justify property sale assessment revision merely because tax officers failed to question them. https://www.taxtmi.com/highlights?id=105809 https://www.taxtmi.com/highlights?id=105809 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Territorial jurisdiction in income-tax appeals follows the assessing officer's location, not the Tribunal's seat or a subsequent acquirer's registered office. https://www.taxtmi.com/highlights?id=105808 https://www.taxtmi.com/highlights?id=105808 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Transfer pricing comparables must reflect functional similarity, with diverse activities and asset profiles supporting exclusion from contract service comparisons. https://www.taxtmi.com/highlights?id=105807 https://www.taxtmi.com/highlights?id=105807 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Foreign exchange gains require transaction nexus, while functional differences shape software service comparability in transfer pricing assessments. https://www.taxtmi.com/highlights?id=105806 https://www.taxtmi.com/highlights?id=105806 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Agricultural land deductions cannot be revised for disagreement with a sustainable assessment; undisclosed farm income alone does not bar eligibility. https://www.taxtmi.com/highlights?id=105805 https://www.taxtmi.com/highlights?id=105805 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Bagasse transfer pricing can rely on market quotations and adjusted tariff benchmarks rather than regulatory fuel prices alone. https://www.taxtmi.com/highlights?id=105804 https://www.taxtmi.com/highlights?id=105804 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Reassessment of newly discovered escaped income remains possible without an addition on the original ground for reopening. https://www.taxtmi.com/highlights?id=105803 https://www.taxtmi.com/highlights?id=105803 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Joint transfer-pricing remands can attract extended limitation through timely references, while intra-group services require prescribed arm's length benchmarking. https://www.taxtmi.com/highlights?id=105802 https://www.taxtmi.com/highlights?id=105802 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI TDS refunds after Vivad-se-Vishwas settlement depend on recognised excess payment, while verified excess recoveries are refundable. https://www.taxtmi.com/highlights?id=105801 https://www.taxtmi.com/highlights?id=105801 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Satellite transmission services without customer control of equipment or access to the process do not constitute taxable royalty. https://www.taxtmi.com/highlights?id=105800 https://www.taxtmi.com/highlights?id=105800 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Real income in electricity distribution excludes surcharges and regulatory assets without reasonably certain recovery, while deductions require return-based claims. https://www.taxtmi.com/highlights?id=105799 https://www.taxtmi.com/highlights?id=105799 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Countervailing duty refunds depend on rebutting presumed passing on, with supported accounting certificates and invoices providing relevant evidence. https://www.taxtmi.com/highlights?id=105798 https://www.taxtmi.com/highlights?id=105798 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Customs officer penalties for fraudulent exports require deliberate abetment and intent, not mere negligence in processing export documents. https://www.taxtmi.com/highlights?id=105797 https://www.taxtmi.com/highlights?id=105797 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Brown rice protein classification follows specific cereal protein descriptions, while an incorrect tariff claim alone does not establish suppression. https://www.taxtmi.com/highlights?id=105796 https://www.taxtmi.com/highlights?id=105796 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Court-directed customs deposits remain refundable outside duty refund limitation when imported goods are released without assessment. https://www.taxtmi.com/highlights?id=105795 https://www.taxtmi.com/highlights?id=105795 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Unmarked gold seizures require objective grounds for reasonable belief before the reverse burden of proof can apply. https://www.taxtmi.com/highlights?id=105794 https://www.taxtmi.com/highlights?id=105794 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Related-party import prices cannot be rejected solely because of the relationship without evidence that it influenced the price. https://www.taxtmi.com/highlights?id=105793 https://www.taxtmi.com/highlights?id=105793 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Contempt for company bank account restraint breaches requires deliberate disobedience, while contempt appeals are limited to orders imposing punishment. https://www.taxtmi.com/highlights?id=105792 https://www.taxtmi.com/highlights?id=105792 Wed, 04 Nov 2026 19:26:13 +0530 Corporate Laws Highlights TaxLaws TaxTMI Personal guarantor insolvency objections to a minority debenture holder's authority are considered after the resolution professional's report. https://www.taxtmi.com/highlights?id=105791 https://www.taxtmi.com/highlights?id=105791 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Recall for non-impleadment requires an adverse order and cannot replace an unavailed appeal in resolution-plan proceedings. https://www.taxtmi.com/highlights?id=105790 https://www.taxtmi.com/highlights?id=105790 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Pre-existing operational debt disputes can prevent insolvency admission despite a delayed detailed response to the demand notice. https://www.taxtmi.com/highlights?id=105789 https://www.taxtmi.com/highlights?id=105789 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Money-laundering proceedings based solely on a quashed scheduled-offence FIR cannot survive, but may revive if predicate proceedings resume. https://www.taxtmi.com/highlights?id=105788 https://www.taxtmi.com/highlights?id=105788 Wed, 04 Nov 2026 19:26:13 +0530 PMLA Highlights TaxLaws TaxTMI Criminal writ review and pre-FIR hearings: constitutional review remains available, but proposed accused have no general hearing right. https://www.taxtmi.com/highlights?id=105787 https://www.taxtmi.com/highlights?id=105787 Wed, 04 Nov 2026 19:26:13 +0530 PMLA Highlights TaxLaws TaxTMI Single residential units outside residential complexes qualify for service tax exemption, while consolidated flat sales may retain construction abatement. https://www.taxtmi.com/highlights?id=105786 https://www.taxtmi.com/highlights?id=105786 Wed, 04 Nov 2026 19:26:13 +0530 Service Tax Highlights TaxLaws TaxTMI Service tax exemptions and sub-contractor liability govern public works, while reverse-charge demands require proof of taxable services. https://www.taxtmi.com/highlights?id=105785 https://www.taxtmi.com/highlights?id=105785 Wed, 04 Nov 2026 19:26:13 +0530 Service Tax Highlights TaxLaws TaxTMI Service-tax notices without document identification numbers must be treated as never issued by departmental officers under binding instructions. https://www.taxtmi.com/highlights?id=105784 https://www.taxtmi.com/highlights?id=105784 Wed, 04 Nov 2026 19:26:13 +0530 Service Tax Highlights TaxLaws TaxTMI Interest on investigation deposits compensates for wrongful retention from deposit until refund without relying on duty-refund provisions. https://www.taxtmi.com/highlights?id=105783 https://www.taxtmi.com/highlights?id=105783 Wed, 04 Nov 2026 19:26:13 +0530 Excise Highlights TaxLaws TaxTMI GST - Re-credit of Rejected Refund Amount in ECL - Export of Services with Payment of IGST /forum/issue?id=121189 /forum/issue?id=121189 Wed, 04 Nov 2026 19:26:13 +0530 GST Discussion-Forum TaxLaws TaxTMI Leading Today, Building for Tomorrow - Special address by Shri Swaminathan J, Deputy Governor at the Leadership Conference of Indian Bank in Chennai on October 23, 2026 https://www.taxtmi.com/news?id=75178 https://www.taxtmi.com/news?id=75178 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Amendment in the notification no. S.O. 99 Dated 29th June 2017 https://www.taxtmi.com/notifications?id=147533 https://www.taxtmi.com/notifications?id=147533 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI NLMC Organises Pre-Bid Meeting for E-Auction of 5.119-Acre HIL (India) Limited Land Parcel in New Delhi https://www.taxtmi.com/news?id=75177 https://www.taxtmi.com/news?id=75177 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Amendment in the notification no. S.O. 238 Dated 13th September 2018 https://www.taxtmi.com/notifications?id=147532 https://www.taxtmi.com/notifications?id=147532 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Seeks to amend Notification No. 11/2017-Central Tax (Rate), dated the 28th June, 2017 - Rates for supply of services under CGST Act https://www.taxtmi.com/notifications?id=147469 https://www.taxtmi.com/notifications?id=147469 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Seeks to bring in force provisions of Bihar Goods and Services Tax (Amendment) Act, 2026 https://www.taxtmi.com/notifications?id=147530 https://www.taxtmi.com/notifications?id=147530 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendment in the notification no. S.O. 110 Dated 6th May 2020 https://www.taxtmi.com/notifications?id=147529 https://www.taxtmi.com/notifications?id=147529 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Commerce and Industry Minister Shri Piyush Goyal Calls Upon Youth to Lead India’s Journey Towards Becoming a Developed Nation by 2047 https://www.taxtmi.com/news?id=75176 https://www.taxtmi.com/news?id=75176 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Commerce and Industry Minister Shri Piyush Goyal Chairs Roundtable on Strengthening India’s Biopharma Startup Ecosystem and Accelerating Bioeconomy Growth https://www.taxtmi.com/news?id=75175 https://www.taxtmi.com/news?id=75175 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Amendment to Para 8.04(iii) of the Handbook of Procedures (HBP) 2023 - Mechanism for resolving Quality Complaints/Trade Disputes https://www.taxtmi.com/circulars?id=71904 https://www.taxtmi.com/circulars?id=71904 Wed, 04 Nov 2026 19:26:13 +0530 Customs Circulars TaxLaws TaxTMI Special procedure for payment of GST by concessionaires on operation and maintenance services under the Toll-Operate-Transfer (TOT) model. https://www.taxtmi.com/notifications?id=147528 https://www.taxtmi.com/notifications?id=147528 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Compliance with RERA for CDs having real estate projects and disclosure of CIRP at project and office sites of the CD https://www.taxtmi.com/circulars?id=71903 https://www.taxtmi.com/circulars?id=71903 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Circulars TaxTMI Introduction of revised Form CA for filing of claims by real estate allottees https://www.taxtmi.com/circulars?id=71902 https://www.taxtmi.com/circulars?id=71902 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Circulars TaxTMI Amendments in the notification no. 17/2017-State Tax (Rate) dated 29th June, 2017 https://www.taxtmi.com/notifications?id=147527 https://www.taxtmi.com/notifications?id=147527 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification bo. 13/2017-State Tax (Rate) dated 29th June, 2017 https://www.taxtmi.com/notifications?id=147526 https://www.taxtmi.com/notifications?id=147526 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification No. 09/2025-State Tax (Rate) dated 17th September, 2025 https://www.taxtmi.com/notifications?id=147520 https://www.taxtmi.com/notifications?id=147520 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification No. 26/2018-State Tax (Rate) dated 31st December, 2018 https://www.taxtmi.com/notifications?id=147523 https://www.taxtmi.com/notifications?id=147523 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification no. 4/2017-State Tax (Rate) dated 29th June, 2017 https://www.taxtmi.com/notifications?id=147522 https://www.taxtmi.com/notifications?id=147522 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification no. 10/2025-State Tax (Rate) dated 17th September, 2025 https://www.taxtmi.com/notifications?id=147521 https://www.taxtmi.com/notifications?id=147521 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification no. 12/2017-State Tax (Rate) dated 29th June, 2017 https://www.taxtmi.com/notifications?id=147525 https://www.taxtmi.com/notifications?id=147525 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Amendments in the notification no. 11/2017-State Tax (Rate) dated 29th June, 2017 https://www.taxtmi.com/notifications?id=147524 https://www.taxtmi.com/notifications?id=147524 Wed, 04 Nov 2026 19:26:13 +0530 GST Notifications TaxLaws TaxTMI Special Economic Zones (Fifth Amendment) Rules, 2026. https://www.taxtmi.com/notifications?id=147518 https://www.taxtmi.com/notifications?id=147518 Wed, 04 Nov 2026 19:26:13 +0530 SEZ Notifications TaxLaws TaxTMI Special Economic Zone land de-notification removes specified parcels from the IT and IT-enabled services zone at Attipra. https://www.taxtmi.com/highlights?id=105782 https://www.taxtmi.com/highlights?id=105782 Wed, 04 Nov 2026 19:26:13 +0530 SEZ Highlights TaxLaws TaxTMI Sea cargo manifest and transshipment transitional provisions for specified ports apply until the revised regulatory deadline. https://www.taxtmi.com/highlights?id=105781 https://www.taxtmi.com/highlights?id=105781 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Sea Cargo Manifest and Transshipment (Fourth Amendment) Regulations, 2026. - Date till which the transitional provisions are applicable for specified ports https://www.taxtmi.com/notifications?id=147508 https://www.taxtmi.com/notifications?id=147508 Wed, 04 Nov 2026 19:26:13 +0530 Customs Notifications TaxLaws TaxTMI SCOMET export facilitation extends to eligible status holders, while repair authorisations gain longer validity and quarterly reporting https://www.taxtmi.com/highlights?id=105780 https://www.taxtmi.com/highlights?id=105780 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Cost audit report filings receive additional fee relief until the extended deadline, with late charges applying from the due date. https://www.taxtmi.com/highlights?id=105779 https://www.taxtmi.com/highlights?id=105779 Wed, 04 Nov 2026 19:26:13 +0530 Corporate Laws Highlights TaxLaws TaxTMI Preferential tariff claims under trade agreements require agreement-consistent origin checks, with safeguards against automatic denial for subsequent imports. https://www.taxtmi.com/highlights?id=105778 https://www.taxtmi.com/highlights?id=105778 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI IGST export refund delays call for shipping bill status checks, PFMS validation and an alternative route for invoice errors. https://www.taxtmi.com/highlights?id=105777 https://www.taxtmi.com/highlights?id=105777 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Export manifest errors and missing filings prompt advice to correct discrepancies and facilitate timely processing of post-export benefits. https://www.taxtmi.com/highlights?id=105776 https://www.taxtmi.com/highlights?id=105776 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Export duty refund automation requires online applications, designated officer scrutiny and electronic disbursement, with restricted exceptions for manual filing. https://www.taxtmi.com/highlights?id=105775 https://www.taxtmi.com/highlights?id=105775 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Export manifest errors and pending filings should be resolved through airlines to avoid delays in post-export benefits and incentives. https://www.taxtmi.com/highlights?id=105774 https://www.taxtmi.com/highlights?id=105774 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Sea cargo manifest transition phases out legacy export messages, mandates compliant filing and avoids penal action during implementation. https://www.taxtmi.com/highlights?id=105773 https://www.taxtmi.com/highlights?id=105773 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI GST rate and classification clarifications and guidance on services apply to Odisha GST implementation with necessary adaptations. https://www.taxtmi.com/highlights?id=105772 https://www.taxtmi.com/highlights?id=105772 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Digital accessibility compliance deadlines extended for auditor appointment, platform audits and remediation of findings by regulated entities. https://www.taxtmi.com/highlights?id=105771 https://www.taxtmi.com/highlights?id=105771 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI GST inspection payments: missing acknowledgment and unconsidered refund representation result in refund and permission for manual appeals. https://www.taxtmi.com/highlights?id=105770 https://www.taxtmi.com/highlights?id=105770 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Family-member surety requirements can be modified when inability to comply prevents release despite bail and affects personal liberty. https://www.taxtmi.com/highlights?id=105769 https://www.taxtmi.com/highlights?id=105769 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Principal-to-principal overseas services qualify as exports when statutory conditions are met, supporting input tax credit refunds. https://www.taxtmi.com/highlights?id=105768 https://www.taxtmi.com/highlights?id=105768 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Railway construction GST concessions require a qualifying composite works contract, not merely services supplied to the railways. https://www.taxtmi.com/highlights?id=105767 https://www.taxtmi.com/highlights?id=105767 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Delayed GST refund interest remains payable despite electronic credit ledger payment or payment exceeding the statutory pre-deposit. https://www.taxtmi.com/highlights?id=105766 https://www.taxtmi.com/highlights?id=105766 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI The Jurisdiction of a Single Member of GSTAT Cannot Extend to Appeals Involving Questions of Law or Exceeding the Prescribed Monetary Limit https://www.taxtmi.com/article/detailed?id=17687 https://www.taxtmi.com/article/detailed?id=17687 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Suppressed outward supplies require transaction-wise verification and reasoned findings before diary entries can support tax and penalty determinations. https://www.taxtmi.com/highlights?id=105765 https://www.taxtmi.com/highlights?id=105765 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Incomplete or expired e-way bills without valid explanation attract penalties despite matching invoices and asserted absence of tax evasion. https://www.taxtmi.com/highlights?id=105764 https://www.taxtmi.com/highlights?id=105764 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Bunched export refund appeals require a Division Bench when their combined value exceeds the ceiling or legal interpretation arises. https://www.taxtmi.com/highlights?id=105763 https://www.taxtmi.com/highlights?id=105763 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Paper bags made from kraft, greaseproof and glassine paper attract concessional GST, with input tax credit subject to conditions. https://www.taxtmi.com/highlights?id=105762 https://www.taxtmi.com/highlights?id=105762 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI TDS Registration Advisory for Dealers in Scrap and Other Notified Goods https://www.taxtmi.com/news?id=75172 https://www.taxtmi.com/news?id=75172 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Advisory on Enhancements Related to Composition Levy Functionality under GST https://www.taxtmi.com/news?id=75173 https://www.taxtmi.com/news?id=75173 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Advisory on Key Changes in the GST Registration Amendment Process https://www.taxtmi.com/news?id=75174 https://www.taxtmi.com/news?id=75174 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws News TaxTMI Framework for Issuance of Depository Receipts on Units of REITs https://www.taxtmi.com/circulars?id=71894 https://www.taxtmi.com/circulars?id=71894 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Circulars TaxTMI Foreign Exchange Management (Export and Import of Goods and Services) (Second Amendment) Regulations, 2026 https://www.taxtmi.com/notifications?id=147517 https://www.taxtmi.com/notifications?id=147517 Wed, 04 Nov 2026 19:26:13 +0530 FEMA Notifications TaxLaws TaxTMI Framework for Issuance of Depository Receipts on Units of InvITs https://www.taxtmi.com/circulars?id=71889 https://www.taxtmi.com/circulars?id=71889 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Circulars TaxTMI Good days are ahead for GST taxpayers. Thanks to GSTAT and GST Council. https://www.taxtmi.com/article/detailed?id=17689 https://www.taxtmi.com/article/detailed?id=17689 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Provisions relating to income on receipt of capital asset or stock-in-trade by specified person from specified entity as per S.8 of ITA 2025 and S.9B of ITA 1961 https://www.taxtmi.com/article/detailed?id=17688 https://www.taxtmi.com/article/detailed?id=17688 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Articles TaxLaws TaxTMI Winding Up Without Wreckage: A Practitioner's Guide to Closing a Business Properly https://www.taxtmi.com/article/detailed?id=17686 https://www.taxtmi.com/article/detailed?id=17686 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI A GST Demand Cannot Rest on Vague Allegations or Ignore Tax Already Paid Under Another Head https://www.taxtmi.com/article/detailed?id=17685 https://www.taxtmi.com/article/detailed?id=17685 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Due-Diligence Ready Every Year: Helping Clients Build a Business a Buyer Would Pay For https://www.taxtmi.com/article/detailed?id=17684 https://www.taxtmi.com/article/detailed?id=17684 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI Before the Client Signs the Sanction Letter: Borrowing Mistakes That Turn Business Loans Into Traps https://www.taxtmi.com/article/detailed?id=17683 https://www.taxtmi.com/article/detailed?id=17683 Wed, 04 Nov 2026 19:26:13 +0530 Auditing Articles TaxLaws TaxTMI GST Notification No. 03/2026-Central Tax: Major GST Changes Effective from 1st November 2026 - Section 154 (GST Credit Notes) Part 2 | GST Updates | Finance Act, 2026 | Section 154 https://www.taxtmi.com/article/detailed?id=17682 https://www.taxtmi.com/article/detailed?id=17682 Wed, 04 Nov 2026 19:26:13 +0530 GST Articles TaxLaws TaxTMI Benami deposits under void income declarations turn on consideration and benefit, with attachment machinery applying retrospectively. https://www.taxtmi.com/highlights?id=105761 https://www.taxtmi.com/highlights?id=105761 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Unverified judicial precedents cannot sustain customs reassessment treating the speaking-order deadline as directory when cited decisions are disclaimed https://www.taxtmi.com/highlights?id=105760 https://www.taxtmi.com/highlights?id=105760 Wed, 04 Nov 2026 19:26:13 +0530 Customs Highlights TaxLaws TaxTMI Struck-off companies cannot pursue declarations or injunctions over contractual rights without restoration, despite the statutory saving for recoveries. https://www.taxtmi.com/highlights?id=105759 https://www.taxtmi.com/highlights?id=105759 Wed, 04 Nov 2026 19:26:13 +0530 Corporate Laws Highlights TaxLaws TaxTMI Borrower debt acknowledgments can extend limitation for personal guarantor insolvency when the guarantee makes them binding on the guarantor. https://www.taxtmi.com/highlights?id=105758 https://www.taxtmi.com/highlights?id=105758 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI MSME promoter exemptions do not bypass net-worth eligibility, while creditor committees retain control over relaxation of approved criteria. https://www.taxtmi.com/highlights?id=105757 https://www.taxtmi.com/highlights?id=105757 Wed, 04 Nov 2026 19:26:13 +0530 TaxLaws Highlights TaxTMI Service by affixation can trigger service tax appeal deadlines when delivery fails and no updated address is provided. https://www.taxtmi.com/highlights?id=105756 https://www.taxtmi.com/highlights?id=105756 Wed, 04 Nov 2026 19:26:13 +0530 Service Tax Highlights TaxLaws TaxTMI Unaccounted tobacco stock found during survey attracts tax determination instead of direct confiscation, penalty and fine. https://www.taxtmi.com/highlights?id=105755 https://www.taxtmi.com/highlights?id=105755 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Expired e-way bills and vehicle number mismatches can attract transport penalties where circumstances establish an intention to evade tax. https://www.taxtmi.com/highlights?id=105754 https://www.taxtmi.com/highlights?id=105754 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Departmental appeal limits permit discretionary exceptions, while penalties for technical e-way bill lapses in genuine transactions require evasion intent. https://www.taxtmi.com/highlights?id=105753 https://www.taxtmi.com/highlights?id=105753 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST invoice penalties require evidence review and an effective hearing where material transaction facts need further verification. https://www.taxtmi.com/highlights?id=105752 https://www.taxtmi.com/highlights?id=105752 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Non-consecutive GST invoice numbers alone do not justify detention or severe penalties for documented transactions without tax evasion. https://www.taxtmi.com/highlights?id=105751 https://www.taxtmi.com/highlights?id=105751 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Transitional CENVAT credit survives portal-related filing delays, while fraud demands and penalties require evidence and proper notice. https://www.taxtmi.com/highlights?id=105750 https://www.taxtmi.com/highlights?id=105750 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Input tax credit mismatches and incorrect tax-head reporting do not by themselves justify denial when eligibility is established. https://www.taxtmi.com/highlights?id=105749 https://www.taxtmi.com/highlights?id=105749 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Kraft paper bag classification and GST rates: qualifying bags attract concessional tax with conditional input tax credit. https://www.taxtmi.com/highlights?id=105748 https://www.taxtmi.com/highlights?id=105748 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST exemptions for government-facing incubation services depend on recipient status, while enterprise-support funds and incubator recognition affect tax treatment. https://www.taxtmi.com/highlights?id=105747 https://www.taxtmi.com/highlights?id=105747 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI GST exemption for examination services covers printing, scanning, result processing and associated delivery supplied to educational institutions. https://www.taxtmi.com/highlights?id=105746 https://www.taxtmi.com/highlights?id=105746 Wed, 04 Nov 2026 19:26:13 +0530 GST Highlights TaxLaws TaxTMI Transfer pricing comparability excludes functionally different providers and companies whose abnormal profits from extraordinary circumstances distort pricing. https://www.taxtmi.com/highlights?id=105745 https://www.taxtmi.com/highlights?id=105745 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Tax-inclusive valuation of purchases and inventory remains mandatory despite separate accounting, while revision requires an erroneous and prejudicial assessment. https://www.taxtmi.com/highlights?id=105744 https://www.taxtmi.com/highlights?id=105744 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Gross vehicle weight determines heavy goods vehicle classification for presumptive taxation, regardless of lower registered unladen weight. https://www.taxtmi.com/highlights?id=105743 https://www.taxtmi.com/highlights?id=105743 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Environmental preservation expenditure can qualify for ordinary deductions despite denied charitable registration when statutory purpose requirements are met. https://www.taxtmi.com/highlights?id=105742 https://www.taxtmi.com/highlights?id=105742 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Business celebration and unverified expenses may be deductible, while expenses identified and conceded as personal are disallowed. https://www.taxtmi.com/highlights?id=105741 https://www.taxtmi.com/highlights?id=105741 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Capital gains on land converted into development stock are taxed proportionately when the developed property is sold. https://www.taxtmi.com/highlights?id=105740 https://www.taxtmi.com/highlights?id=105740 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Educational institution tax exemption cannot be denied solely for non-filing before the return-filing condition took effect. https://www.taxtmi.com/highlights?id=105739 https://www.taxtmi.com/highlights?id=105739 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI Treaty exemption for Mauritius investors' capital gains permits retention of brought-forward losses without prior set-off under the beneficial regime. https://www.taxtmi.com/highlights?id=105738 https://www.taxtmi.com/highlights?id=105738 Wed, 04 Nov 2026 19:26:13 +0530 Income Tax Highlights TaxLaws TaxTMI TMI Updates - Newsletter dated: November 04, 2026 https://www.taxtmi.com/newsletter?id=11/04/2026 https://www.taxtmi.com/newsletter?id=11/04/2026 Daily Updates Tax