Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.

Assessment functions for specified taxpayers are assigned to the jurisdictional Additional Commissioner (State Tax) or Joint Commissioner (State Tax) of the relevant division. Assessments must be undertaken exclusively through the Scrutiny Module and in accordance with the prescribed procedure under the Telangana and Central Goods and Services Tax laws.

Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.

Assessment functions under section 73 of the Telangana Goods and Services Tax Act, 2017 are re-assigned to the jurisdictional Additional Commissioner (ST) or Joint Commissioner (ST) of the concerned division for specified taxpayers. Such assessments must be conducted only through the Scrutiny Module and in accordance with the procedure prescribed under the Telangana and Central Goods and Services Tax Acts, 2017.

The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.

Service Exports India Scheme duty-scrip applications cannot be rejected solely because the applicant lacked an Import Export Code when services were rendered, following the amendment to paragraph 2.05 of the Foreign Trade Policy 2015-2020. Applications rejected on that basis require fresh reconsideration within three months. The period during which the petitions remained pending will not be counted for limitation. Whether the applications are otherwise barred by limitation remains open for determination.

Rule 137 is amended retrospectively from 30 November 2021 by extending the prescribed period from four years to five years. FORM GST DRC-03 is revised from 1 December 2021 to cover tax intimation through FORM GST DRC-01A, scrutiny, inspection, and specified return mismatches. Its payment table is replaced to capture tax period, applicable Act, place of supply, tax liabilities, interest, penalty, fee, ledger utilisation, and debit-entry particulars.

SEIS benefits under the Foreign Trade Policy 2015-20 cannot be denied merely because a service exporter lacked an active Importer Exporter Code when services were rendered or exported. Paragraph 2.05 requires service providers to hold an Importer Exporter Code when claiming Chapter 3 benefits, rather than at the time of export. Where the same issue has already been conclusively resolved in the claimant's earlier proceedings and no new basis for denial exists, the SEIS claim remains admissible.

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.