Self-sealing permission granted to an eligible exporter or merchant exporter has no prescribed validity period and continues unless withdrawn, suspended or cancelled. EDI registration validity for fresh and existing permissions is extended up to 31 March 2027, followed by annual extensions by the FSP Cell without fresh approval until system enhancement. Permissions expressly issued for a fixed period require renewal from the jurisdictional Commissionerate. Amendments to premises, authorised signatory or ROC particulars require jurisdictional approval and intimation to the FSP Cell.

The Supreme Court issued notice in a challenge to an NCLT order concerning mortgaged immovable properties. It stayed the NCLT order subject to deposit of the stipulated amount and restrained the creation of encumbrances or third-party rights over the mortgaged properties. The interim measures preserve the secured properties pending further proceedings.

Right to Information appeals concerning information held by the Customs Commissionerates NS-I, NS-III and NS-V at Jawaharlal Nehru Custom House are assigned to the designated Joint Commissioner of Customs as the First Appellate Authority, with immediate effect and until further orders. The designation supersedes earlier public notices and operates as a Standing Order for officers and staff across those Commissionerates.

The Competition Commission of India approved the amalgamation of Go Digit Infoworks Services Private Limited, the holding company of Go Digit General Insurance Limited, with Go Digit General Insurance Limited as the surviving entity. Infoworks has no present market-facing business activities. Go Digit General provides general and health insurance products and services in India, with a specialised focus on general insurance.

Competition approval was granted for Brookfield Asset Management Ltd. to indirectly acquire units in Oaktree Capital Group Holdings, L.P. and Oaktree Equity Plan, L.P., resulting in the acquisition of the Oaktree operating group of entities. Brookfield Asset Management is a global alternative asset manager, while the Oaktree group provides alternative investment management services.

Processed dairy exports from Assam to Bhutan commenced with a Purabi Ice Cream consignment exported by North East Dairy and Foods Limited and manufactured through Assam's cooperative dairy network. The Agricultural and Processed Food Products Export Development Authority supported export documentation, regulatory compliance, market access and stakeholder coordination. The initiative seeks to expand value-added dairy exports from the North Eastern Region, with plans to introduce longer-shelf-life products and increase exports according to market demand.

Financial-market depth requires reliable liquidity and price discovery, efficient risk distribution, and diverse, meaningful participation across market conditions. Government and corporate bond markets, money markets, and foreign exchange and derivative markets should channel long-term savings into investment and enable management of interest-rate, currency and credit risks. Product innovation must serve genuine needs and be supported by suitability assessments, transparent disclosure, fair pricing, independent valuation and user risk-management capacity. Regulators, market institutions, issuers, investors and infrastructure providers share responsibility for resilient, transparent and trusted markets.

Draft amendments to securitisation transaction directions seek to improve the efficiency, liquidity and transparency of issuing and subsequently transferring Securitisation Notes. The proposals apply to commercial banks, small finance banks, non-banking financial companies and all India financial institutions. Public and stakeholder comments are invited through the designated regulatory consultation platform or alternatively by post or email.

Section 14A disallowance under Rule 8D requires the Assessing Officer to record objective satisfaction, having regard to the accounts, that the taxpayer's own computation of expenditure relating to exempt income is incorrect. Disallowance must also be confined to investments that actually yielded exempt income, resulting in deletion of the related disallowance and corresponding book-profit adjustment. Lease rentals for motor vehicles used in the ordinary course of business are deductible by the lessee. As ownership of leased assets remains with the lessor for depreciation purposes, lease-rental deductions are allowable to the lessee.

The information technology and information technology enabled services Special Economic Zone at Manikonda Village, Telangana, is bifurcated into SEZ-A and SEZ-B, and 8.98 hectares are partially de-notified from the previously notified zone. Following the bifurcation, SEZ-A comprises 0.66 hectares and SEZ-B comprises 2.79 hectares, as delineated by the notified survey details and boundary coordinates. The notification gives effect to the bifurcation and partial de-notification after the relevant statutory requirements, State Government approval, Development Commissioner recommendation, and Board of Approval recommendation were met.

Definitive anti-dumping duty is imposed on Low Ash Metallurgical Coke, defined as metallurgical coke with ash content below 18%, imported into India when originating in or exported from Australia, China PR, Colombia, Indonesia, Japan or Russia. The duty applies at country-specific rates and remains effective for five years from imposition of the provisional duty, subject to earlier revocation, amendment or supersession; no duty applies during the specified gap after lapse of the provisional duty and before publication. Exclusions cover specified ultra-low phosphorous coke for ferroalloy manufacture, semi-coke or soft coke, and specified coke for eligible small blast furnaces, subject to actual-user undertakings and, where required, pollution-control certification.

Specified income of the Chhattisgarh Real Estate Regulatory Authority is notified for exemption purposes under Schedule III read with section 11 of the Income-tax Act, 2025. Covered income comprises government grants, loans or advances; fees and penalties received from real-estate stakeholders under the real-estate regulatory law; and interest earned on those receipts. The notification applies for tax years 2026-27 and 2027-28, subject to the Authority not undertaking commercial activity, filing its income-tax return as prescribed, and maintaining unchanged activities and income nature. Non-compliance results in withdrawal of the exemption and initiation of proceedings under the Act.

Income arising to the Chhattisgarh Real Estate Regulatory Authority from government grants, loans or advances, regulatory fees and penalties, and interest on those receipts is notified for exemption under section 10(46) of the Income-tax Act, 1961. The exemption applies subject to the authority not undertaking commercial activity, maintaining unchanged activities and income character, and filing its income-tax return as required. Non-compliance may trigger penal action and withdrawal of the exemption. The notification is deemed applicable for assessment years 2024-25 through 2026-27, under the savings provisions governing the repeal of the 1961 Act.

Specified income of the Fees Regulating Authority, Maharashtra, is exempt under section 10(46) of the Income-tax Act, 1961, including processing fees, interest, penalties and other charges from private professional educational institutions, State Government reimbursements or grants, and interest on deposits and investments. The exemption operates under the savings provisions of the Income-tax Act, 2025 despite repeal of the 1961 Act, and applies retrospectively for assessment years 2022-23 to 2026-27. It remains conditional on no commercial activity, unchanged activities and income nature, and filing of returns under section 139(4C)(g); breach may lead to penalties and withdrawal of exemption.

GST notices and orders uploaded only in the Additional Notices and Orders tab may not constitute sufficient communication for proceedings under Section 73. The notes state that, where adverse adjudication is contemplated, Section 75(4) requires a personal hearing and the hearing notice must specify its date, time and venue. Failure to provide these particulars results in non-compliance with the statutory hearing requirements and principles of natural justice. The discussed ex parte adjudication order was set aside, allowing a reply to the show-cause notice and requiring fresh reasoned adjudication after a personal hearing.

Condonation of delay in GST appeals is discussed where circumstances beyond the taxpayer's control prevented timely filing. The notes state that, despite the statutory limitation governing appellate condonation, denying merits review in such circumstances may cause grave injury and prejudice. The delay was condoned and the appellate authority was directed to entertain and decide the appeal on merits if filed within the stipulated period, restoring access to the statutory appellate remedy. The challenge to the validity of the statutory condonation limit was not pressed and remained open.

Expenditure disallowance relating to exempt income under Section 14A read with Rule 8D was described as unsustainable because earlier orders in the taxpayer's own case, including one approved by the jurisdictional High Court, supported its deletion. Mark-to-market loss on shares acquired through underwriting was deductible where the shares were consistently treated as stock-in-trade, valued at lower of cost or market value, and prior revaluation gains had been taxed. The source of acquisition did not change their trading character. As no Section 14A disallowance arose under normal provisions, no corresponding adjustment could be made to book profit under Section 115JB.

Withholding the password for a temporary GST ID prevented electronic filing of a statutory appeal and effectively frustrated the appellate remedy. The High Court noted that the department had not provided portal access despite repeated requests, including by email. It disposed of the writ petition expecting the Competent Authority to decide the application for a temporary GST ID in accordance with law within 30 days.

Input tax credit remains a statutory benefit subject to the conditions in Sections 16(2)(c) and 16(4), including supplier tax-payment requirements and prescribed claim time limits. The Kerala High Court's earlier ruling, adopted for these writ petitions, found those conditions constitutionally sustainable and not violative of Articles 14 or 19 because they protect revenue and support workable GST administration. Recipients with bona fide inward supplies may seek consideration of eligible credit under the applicable GST circulars upon establishing that suppliers paid the tax. The retrospectively applicable 30 November deadline applies to relevant claims, and the constitutional challenge was rejected.

Condonation of delay in a GST appeal is discussed in the context of High Court decisions permitting consideration of a writ petition despite an objection that no statutory provision allowed condonation. The appellate order was set aside, the delayed appeal for the relevant tax period was restored, and the delay was condoned so that the appeal could be adjudicated on its merits. All substantive contentions were left open for determination in accordance with law.