Daily Archives: June 19, 2026

Assisted Reproductive Technology (Regulation) Amendment Rules, 2026

By | June 19, 2026
0 Comment

Assisted Reproductive Technology (Regulation) Amendment Rules, 2026 The Gazette of India CG-DL-E-18062026-273565 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 440] NEW DELHI, WEDNESDAY, JUNE 17, 2026/JYAISTHA 27, 1948 MINISTRY OF HEALTH AND FAMILY WELFARE (Department of Health Research) NOTIFICATION New Delhi, the 17th June, 2026 G.S.R.491(E).—In exercise of the powers conferred by section… Read More »

GST CASE LAW 18.06.2026

By | June 19, 2026
0 Comment

GST CASE LAW 18.06.2026 Relevant Act Section Case Law Title Citation Brief Summary Central Goods and Services Tax Act, 2017 Sec 9 Evolve Green Power (P.) Ltd., In re Click Here Where a captive roof-top solar plant is operated by the applicant at an end-consumer’s premises under a PPA (with risks borne by the applicant… Read More »

A business cannot absorb a GST rate cut into its profit margins by increasing base prices; any tax reduction must be commensurately passed on to consumers.

By | June 19, 2026
0 Comment

A business cannot absorb a GST rate cut into its profit margins by increasing base prices; any tax reduction must be commensurately passed on to consumers. Issue Whether a cinema theater operator is legally justified in maintaining the same retail (cum-tax) ticket prices after a GST rate reduction by increasing its base prices, and whether… Read More »

Service tax demands based blindly on Form 26AS data without independent verification or justified invocation of the extended period are legally unsustainable.

By | June 19, 2026
0 Comment

Service tax demands based blindly on Form 26AS data without independent verification or justified invocation of the extended period are legally unsustainable. Issue Whether the tax department is legally justified in raising a service tax demand under the extended period of limitation for the period 2016-17 based solely on the data reflected in the income-tax… Read More »

Viscous Fan Drive Assemblies qualify as fluid couplings under Heading 8483 rather than general automotive parts, reducing the applicable GST rate from 28% to 18%.

By | June 19, 2026
0 Comment

Viscous Fan Drive Assemblies qualify as fluid couplings under Heading 8483 rather than general automotive parts, reducing the applicable GST rate from 28% to 18%. Issue Whether a Fan Drive Assembly designed for engine cooling in commercial and utility vehicles is classifiable as a fluid coupling under Heading 8483 or as a motor vehicle part… Read More »

PPA for rooftop solar constitutes a pure supply of exempt electricity, absolving the asset owner from construction tax or local GST registration.

By | June 19, 2026
0 Comment

PPA for rooftop solar constitutes a pure supply of exempt electricity, absolving the asset owner from construction tax or local GST registration. Issue Whether the construction and operation of a rooftop solar plant on a client’s premises under a Power Purchase Agreement (PPA) triggers a separate GST liability for construction services, and whether an out-of-state… Read More »

INCOME TAX CASE LAW 18.6.2026

By | June 19, 2026
0 Comment

INCOME TAX CASE LAW 18.6.26 Relevant Act Section Case Law Title Citation Brief Summary Income Tax Act, 1961 Sec 5 Dy. CIT v. Capegemini Technology Services India Ltd. Click Here Foreign exchange fluctuation gains on overseas branches credited to Foreign Currency Translation Reserve are taxable only to the extent they relate to revenue items; gains… Read More »

AO cannot impose a 200% misreporting penalty under Section 270A without specifying the exact statutory clause breached, especially when the taxpayer acted on a bona fide reliance on Form 16.

By | June 19, 2026
0 Comment

AO cannot impose a 200% misreporting penalty under Section 270A without specifying the exact statutory clause breached, especially when the taxpayer acted on a bona fide reliance on Form 16. Issue Whether a 200% penalty for misreporting under Section 270A can be legally sustained when the Assessing Officer (AO) fails to specify the exact statutory… Read More »

Principal Commissioner cannot invoke revisionary powers under Section 263 when the Assessing Officer has already conducted proper inquiries and verified the expenses during assessment.

By | June 19, 2026
0 Comment

Principal Commissioner cannot invoke revisionary powers under Section 263 when the Assessing Officer has already conducted proper inquiries and verified the expenses during assessment. Principal Commissioner cannot invoke revisionary powers under Section 263 when the Assessing Officer has already conducted proper inquiries and verified the expenses during assessment. Issue Whether the Principal Commissioner of Income… Read More »

Adjusting substantial tax refunds against a disputed demand without a prior Section 245 intimation is unlawful when the taxpayer has already deposited the mandatory 20% amount.

By | June 19, 2026
0 Comment

Adjusting substantial tax refunds against a disputed demand without a prior Section 245 intimation is unlawful when the taxpayer has already deposited the mandatory 20% amount. Adjusting substantial tax refunds against a disputed demand without a prior Section 245 intimation is unlawful when the taxpayer has already deposited the mandatory 20% amount. Issue Whether the… Read More »