INTERNATIONAL FINANCIAL SERVICES CENTRES AUTHORITY NOTIFICATION Gandhinagar, the 25th August, 2026 International Financial Services Centres Authority (Prohibition of Market Abuse in Securities Markets) Regulations, 2026. IFSCA/GN/2026/012.- In exercise of the powers conferred by section 12 and section 13 read with sub-section (1) of section 28 of the International Financial Services Centres Authority Act, 2019 (50 of 2019), read with clauses I and (g) of sub-section (2) of section 11... ... ...

CIRCULAR HO/19/34/11(7)2025-AFD-POD1/I/20626/2026 September 07, 2026 To, All Alternative Investment Funds (AIFs) Sir/Madam, Sub: 1. Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 ('AIF Regulations') were amended and notified on September 09, 2025, to prescribe the revised regulatory framework for Angel Funds. 2. Subsequently, SEBI vide circular dated September 10, 2025 stipulated the specific conditions and modalities with respect... ... ...

OFFICE OF THE PR. COMMISSIONER OF CUSTOMS (NS-I) EDI SECTION, JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA, DIST : RAIGAD. PIN - 400 707 DIN: 20210578NW0000813841 F. No. EDI/ Misc-154/2017/Pt I JNCH Date: 24.05.2021 Public Notice No. 49/2021 Sub: 1. Kind attention of all Exporters, Importers, Custom Brokers & other stakeholders is invited to JNCH Public Notice No. 93/2020 dated 29.07.2020 detailing instructions for uploading of documents in E-Sanchit for approval of AD Cod... ... ...

SHRI SANJAY GARG, JUDICIAL MEMBER AND SHRI RAKESH MISHRA, ACCOUNTANT MEMBER For the Appellant : Shri N. C. Mondal, CA For the Respondent : Shri Sailen Samadder, Addl. CIT, Sr. DR ORDER PER RAKESH MISHRA, ACCOUNTANT MEMBER: These three appeals having filed by the assessee are against the separate orders of Ld. Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC), Delhi (hereinafter referred to as "the Ld. CIT(A)" passed u/s. 250 of the Income Tax Act, 1961 (... ... ...

GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE & TAXES VYAPAR BHAWAN, I.P. ESTATE, NEW DELHI-110002. (POLICY BRANCH) No. F.3(550)/GST/Policy/2024/2003-12 Dated: 30/09/2024 Circular No. 02/2024- GST of State Tax (Ref. Circular No. 208/02/2024 GST of Central Tax) Sub :- Central Board of Indirect Taxes and Customs (CBIC) has issued the above referred circular. For the uniformity, it has been decided that the said circular issued by the CBIC is bein... ... ...

OFFICE OF THE PR. COMMISSIONER OF CUSTOMS (NS- I), JAWAHARLAL NEHRU CUSTOM HOUSE, SHEVA, TAL- URAN, DISTRICT- RAIGAD, MAHARASHTRA-400707 FN. S/22-Gen-20/2020-21/AM (I)/JNCH/PART-I Dated: 27.05.2021 PUBLIC NOTICE NO. - 50/2021 DIN-20210578NW000081338B Sub: - reg... Attention of all Importers/Exporters, Custom Brokers and other stakeholders is invited to Advisory No. 13/2021 dated 25.05.2021 issued by CBIC, New Delhi, (copy enclosed)on the above subject. 2. Reference is ... ... ...

Ineligible IGST input tax credit must be correctly disclosed and reversed in Table 4 of FORM GSTR-3B. Permanent reversals, including blocked credit, credit attributable to exempt or non-business supplies, and credit unavailable because of time-limit or place-of-supply restrictions, are reported in Table 4(B)(1) or Table 4(D)(2) and are appropriated during IGST settlement. Temporary reversals capable of later reclaim are reported in Table 4(B)(2), with reclaim disclosed in Table 4(A) and Table 4(D)(1). Proper Officers must verify GSTR-3B against GSTR-2B and monitor compliance.

Medical oxygen cylinders and pressure vessels imported for COVID-relief and oxygen-distribution purposes may receive expedited clearance under relaxations to the Gas Cylinders Rules, 2016. Physical inspection of foreign manufacturers' facilities is waived, with online approval based on specified manufacturer, technical, testing and inspection records. Importers with pending online applications, and those without applications for urgent logistics needs, may bring cylinders into India. Consignees must comply with relaxed conditions before filling cylinders with medical oxygen, while customs clearance may be granted without prior PESO approval for eligible consignments.

Mumbai, Sep 8 (PTI) The rupee depreciated 10 paise to 94.66 against the US dollar in early trade on Tuesday, as surging Brent crude prices near USD 97/bbl and Middle Eastern geopolitical friction dampened investor confidence. Forex traders noted that ongoing RBI dollar sales and strong foreign-currency inflows under special schemes helped keep the rupee range-bound despite heavy external pressures. At the interbank foreign exchange market, the rupee opened at 94.49 against the US dollar,... ... ...

Document Identification Number (DIN) generation and quotation requirements for communications issued to taxpayers and other concerned persons are applied, with necessary adaptations, under the Delhi Goods and Services Tax framework. The measure adopts corresponding central indirect-tax guidance to promote uniformity in official tax communications and is clarificatory in nature.

Implementation of the Performance Linked Incentive Scheme for Public Sector Bank executives is kept in abeyance for FY 2025-26 following employee concerns about its structure. The scheme will be considered during ongoing Bipartite Settlement and Joint Note discussions. Employee representatives also raised issues concerning ex-gratia benefits and medical facilities for retired employees. The concerns are to be addressed through dialogue, consultation and mutual understanding.

China's customs trade indicators for August record export growth of 25% year-on-year, accelerating from July's 23.9% rate, supported by demand for automobiles and high-technology goods. Imports rose 28.2% year-on-year, up from July's 27.5% growth. Higher import and export values produced a trade surplus of $119.1 billion, widening from $112.5 billion in July.

Section 74 requires proof not only that input tax credit was inadmissible, but also that it was availed or utilised through fraud, wilful misstatement, or deliberate suppression with intent to evade tax. Disclosure in statutory returns or reconciliation statements, audit detection, and failure to answer an audit report do not automatically establish suppression. Fraud-related allegations and supporting evidence must appear in the show cause notice; appellate proceedings cannot introduce new grounds or cure a defective notice. Where fraud is not established, underlying tax liability may still be determined under the ordinary-demand framework, subject to limitation, natural justice and substantive credit conditions.

Where a first appellate order substantially reduces a GST demand and the department does not challenge that reduction, the pre-deposit attributable to the extinguished demand may exceed the amount required for the pending second appeal. The excess amount may be claimed as a consequential refund, with applicable interest, without awaiting final disposal before the GST Appellate Tribunal. The first appellate order is binding on the tax authority to the extent of the demand set aside, and continued retention of the excess pre-deposit lacks authority of law.

Presumptive taxation under Section 44AD and the enhanced turnover limit linked to Section 44AB depend on cash receipts and cash payments each remaining within 5% of total receipts and payments. If either exceeds that threshold, the normal audit threshold applies. The audit trigger is based on business turnover rather than the profit percentage declared, while separate commission income does not alter the relevant turnover. Taxpayers should calculate cash percentages, monitor turnover, adopt digital payments where feasible, and arrange an audit when required.

Section 74 requires specific evidence that wrongful ITC arose from fraud, wilful misstatement, or suppression of facts with intent to evade tax. Mere inadmissibility of ITC, an incorrect claim, or failure to respond during audit does not by itself establish culpable suppression. The show cause notice must disclose the factual foundation and supporting material for the alleged conduct. Information already reflected in GST returns, reconciliation statements, financial records, or portal disclosures cannot readily be treated as suppressed. A new factual basis for invoking Section 74 cannot be introduced at the appellate stage when it was absent from the original notice.

Section 197 permits lower or nil tax-deduction certificates where the recipient's total income and applicable domestic law or tax treaty justify that treatment. The officer must apply binding precedent on the same issue and cannot refuse relief merely because the revenue may challenge that precedent. Reconsideration in later years may arise only on materially changed facts, such as a permanent establishment or taxable Indian transactions, after notice and recorded findings. Recipients must make full disclosures and cooperate with enquiries. Administrative systems should enable timely implementation of the applicable legal position without unnecessary fresh applications.

Kanban applies a pull-based workflow and inventory-control model in which production or service work begins only when demand arises. Visual boards, cards and digital signals track tasks and materials through defined stages, while work-in-progress limits prevent excessive congestion. The system seeks to expose bottlenecks, control inventory, improve material and information flow, reduce waste and support continuous improvement. Effective implementation requires workflow mapping, visual controls, appropriate work-in-progress limits, employee training, performance measurement, accurate data, supplier coordination and periodic review.

Outstanding electricity dues of a defaulting consumer may be required from an auction purchaser before a fresh electricity connection is released. Supply conditions framed under the Electricity Act permit recovery of arrears as a condition of new supply and retain force despite a secured creditor's statement that no encumbrance was known. Clause 10.19 of the State Electricity Supply Code regulates arrears recovery without extinguishing the underlying liability. Sale on an "as is where is" basis places property-linked liabilities on the purchaser, and the doctrine of contracts of adhesion does not displace a statutory supply condition.

FCRA renewal refusals must disclose intelligible reasons where non-renewal adversely affects the applicant's rights; a bare reference to statutory provisions is insufficient. Confidential security-agency material may justify non-disclosure only on cogent material showing a genuine national-security necessity, rather than by automatic reliance on secrecy. Alleged financial support for peaceful Vizhinjam Port protests does not establish diversion of foreign contribution, an undesirable purpose, or prejudice to public interest without evidence linking funds or participation to unlawful conduct. Peaceful dissent, assembly and association remain constitutionally protected, and administrative disapproval of protest cannot alone support non-renewal.