Specified provisions of the Telangana Goods and Services Tax (Amendment) Act, 2021 were brought into force from 1 January 2022. The operative commencement covers sections 2, 3, and 7 to 15, pursuant to the State Government's power under section 1(2) of the Amendment Act.

Special leave proceedings concerned an income-tax dispute between the tax department and a taxpayer. The Supreme Court condoned the filing delay, declined to interfere after considering the facts and circumstances, and dismissed the special leave petition. Pending applications were consequently disposed of. The order does not set out the underlying tax issue, statutory interpretation, or reasons beyond the decision not to interfere.

ESOP discount is treated as employee compensation incurred to secure and retain employees' services, rather than as a capital outlay or a contingent, notional claim. The liability accrues progressively as employees render services during the vesting period and is therefore deductible as an ascertained business expenditure under Section 37(1) of the Income-tax Act, 1961. The deduction should be claimed on a pro-rata basis over the vesting period, with reversals for options that lapse or remain unvested and appropriate adjustment when options are exercised.

Wheat export quota allocations are reviewed according to utilization and requests for additional quantities or surrender. Exporters must provide a Chartered Accountant-certified utilization certificate, shipping bill details, and supporting justification, export contracts, or purchase orders. Additional allocation requests also require a corresponding online amendment application. Further allocation may be considered where more than half of the authorized quantity has been used, while unused quantities under lower-utilization authorizations may enter a common pool for redistribution. Delayed or incomplete submissions may result in reallocation and exclusion from future restricted export authorizations.

Input tax credit on invoices or debit notes requiring outward-supply reporting may be availed only where the supplier has furnished the details in FORM GSTR-1 or through the invoice furnishing facility and those details have been communicated to the recipient in FORM GSTR-2B. Rule 144A establishes recovery of unpaid detention-related penalty through auction or e-auction of detained or seized goods or conveyances, subject to release on payment before auction notice and special treatment for perishable, hazardous, or depreciating goods. Provisional-attachment procedures prescribe service of the attachment order and FORM GST DRC-22A for objections.

Foreign-currency loans to associated enterprises should be benchmarked using LIBOR, with repayments of outstanding loan amounts considered when recomputing the transfer-pricing adjustment. Expenditure disallowance relating to exempt dividend income under section 14A and Rule 8D requires recorded satisfaction, based on the accounts, that the taxpayer's own claim is incorrect. Where direct demat and bank charges were voluntarily disallowed, Rule 8D could not be invoked without identifying further exempt-income-related expenditure and recording that dissatisfaction. The interest adjustment therefore requires LIBOR-based recalculation, while the unsupported exempt-income expenditure disallowance cannot stand.

Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.

Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.

Food-safety concerns arising from pesticide residues and toxic substances are to be addressed through organic vegetable farming, household cultivation and the Kathir school-farming initiative. Kathir provides for institutional farming, teacher and committee support, markets, student training and clubs, with possible academic weightage for agricultural participation. Agricultural infrastructure financing supports post-harvest management, value addition, processing, packing, marketing and exports. Additional measures include banking support, agricultural technology adoption, women-farmer support and schemes addressing climate-related floods and drought.

Issuance of a reassessment notice occurs when it is set in motion for communication to the assessee, not when it is merely signed. Portal records showed electronic issuance on 1 April 2021, when reassessment initiation required compliance with the procedure under Section 148A. Failure to follow that procedure meant jurisdiction to initiate reassessment was not validly assumed. The reassessment notice and the assessments founded on it were void ab initio for both assessment years.

GST paid on transactions subsequently found exempt or non-taxable under a favourable advance ruling may generally be recovered through a refund claim under Section 54, subject to the two-year limitation period and unjust-enrichment requirements. Historical GST should not ordinarily be adjusted by reducing liability in a later GSTR-3B, as this does not generally substitute for the statutory refund process. Where limitation has expired, constitutional or writ remedies may require fact- and jurisdiction-specific examination.

Export Obligation Discharge Certificate processing under the Advance Authorisation and Export Promotion Capital Goods schemes no longer requires physical duty-payment challans for voluntary customs-duty payments made on or after 1 August 2026. Authenticated licence-wise payment information is electronically transmitted from Customs/ICEGATE to DGFT systems and mapped to the relevant authorisation. Exporters can verify payment details on the customer portal, while Regional Authorities use corresponding back-office records, replacing manual submission and verification for authorisation closure.

Telangana SGST composition levy eligibility is extended by inserting specified goods into the notified table under the proviso to section 10(1) of the Telangana Goods and Services Tax Act, 2017. The added goods are fly ash bricks, fly ash aggregate containing at least 90 per cent fly ash, fly ash blocks, bricks of fossil meals or similar siliceous earths, building bricks, and earthen or roofing tiles. The amendment takes effect from 1 April 2022.

The 1601-series is introduced for verified utilities, courier and logistics entities making service and transactional voice calls. Numbers must be allocated directly to eligible entities, not intermediaries or aggregators, following verification by telecom service providers and an undertaking of exclusive use. Promotional voice calls are prohibited on this series and remain associated with the 140-series. The framework separates these calls from the 1600-series reserved for regulated financial-sector and government-to-citizen communications, supporting consumer recognition of legitimate calls and reducing impersonation risks.

Conviction for cruelty to a married woman may be sustained despite the absence of a separate charge where the accused had clear notice of the factual allegation, cross-examined relevant witnesses and had a fair opportunity to defend; an omission in the charge is not fatal without prejudice or failure of justice. Acquittal of dowry death does not negate independently proved cruelty because dowry death requires additional proof of dowry-linked harassment soon before an unnatural death. Physical assault, humiliation and harassment may establish cruelty even where the additional ingredients of dowry death remain unproved.

GST constituted the principal component of tax revenue for the 2025-26 fiscal year. Tax administration faces staff shortages, information-technology upgrade needs, and increased workloads from taxpayer registrations and return filings. Compliance oversight requires GST data scrutiny, risk assessment, identification of unregistered taxpayers, tax-evasion detection, and field verification of high-risk taxpayers. Long-term revenue planning sets progressively higher collection targets through 2063.

Indian imports of Russian crude oil reached a second consecutive monthly record in July 2026, with Russian crude forming the dominant share of India's Russian fossil-fuel purchases and more than half of total crude imports. Higher receipts through smaller terminals offset reduced volumes at Paradip. Indian refineries processing Russian crude also exported refined petroleum products to sanctioning jurisdictions, including the European Union, Australia and the United States, despite the European Union prohibition on imports of oil products made from Russian crude.

Telangana State One-Time Settlement Scheme, 2022 enables settlement of disputed legacy tax arrears, with each assessment year treated separately. Undisputed tax is payable in full, while prescribed portions of disputed tax are payable for different tax categories; interest and penalties are waived and no refund is available. Applications undergo committee scrutiny, followed by payment and withdrawal of applicable appeals. Final settlement follows realisation of the full payable amount and disposal of the matter as withdrawn. Eligible higher-value liabilities may be paid through limited interest-free instalments, with bank interest applicable for further instalments.

Investigation into unauthorised withdrawals after theft of a mobile phone uncovered an alleged interstate cyber-fraud network using stolen devices, linked banking credentials and mule bank accounts. The scheme allegedly involved phone theft, supply of accounts and banking instruments, and a technical operation that accessed victims' accounts and routed funds for withdrawal or transfer. Digital surveillance, transaction mapping, seized devices, victim data and transaction records are being examined to identify linked complaints and the extent of funds allegedly diverted.

The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.