Daily Archives: September 2, 2026

Renewal of Section 12AB registration cannot be rejected merely for citing an incorrect sub-clause when valid registration exists.

By | September 2, 2026
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Renewal of Section 12AB registration cannot be rejected merely for citing an incorrect sub-clause when valid registration exists. Issue Whether the Commissioner of Income Tax (Exemption) [CIT(E)] was justified in rejecting the assessee-trust’s application for renewal of registration under Section 12A(1)(ac)(ii) on the ground that it lacked pre-01.04.2021 registration, even though a valid and subsisting… Read More »

CIT(E) Must Grant Section 12AA Registration for Pre-Amendment Application and Restore Exemption Benefits

By | September 2, 2026
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CIT(E) Must Grant Section 12AA Registration for Pre-Amendment Application and Restore Exemption Benefits Issue Whether a registration application validly filed under Section 12AA prior to statutory amendments can be arbitrarily converted by the CIT(E) into a limited-period Section 12AB registration upon remand, and consequently, whether exemption under Sections 11 and 12 can be denied for… Read More »

BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act

By | September 2, 2026
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BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act BSNL VRS-2019 Compensation Is Tax-Exempt Retrenchment Compensation Under Section 10(10B) Of Income-tax Act Issue Whether compensation received by a retired BSNL employee under the BSNL Voluntary Retirement Scheme (VRS-2019) qualifies as tax-exempt retrenchment compensation under Section 10(10B) rather than Section 10(10C) of… Read More »

IEC Suspension Revoked and IGST Refund Matter Remanded for Adjudication on Merits by Authority

By | September 2, 2026
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IEC Suspension Revoked and IGST Refund Matter Remanded for Adjudication on Merits by Authority IEC Suspension Revoked and IGST Refund Matter Remanded for Adjudication on Merits by Authority Issue Whether suspended IGST export refunds under Rule 96 and eligibility issues raised by the tax authority should be remanded to the competent respondent for determination on… Read More »

Central Excise Notifications

By | September 2, 2026
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Central Excise Notifications     The Gazette of India CG-DL-E-01092026-275907 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 702] NEW DELHI, TUESDAY, SEPTEMBER 1, 2026/BHADRA 10, 1948 MINISTRY OF FINANCE (Department of Revenue) NOTIFICATION New Delhi, the 1st September, 2026 No. 46/2026-Central Excise G.S.R. 768.(E).—In exercise of the powers conferred by Section 5A of… Read More »

Infected Zone Management

By | September 2, 2026
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Infected Zone Management The Gazette of India CG-DL-E-01092026-275902 EXTRAORDINARY PART II—Section 3—Sub-section (i) PUBLISHED BY AUTHORITY No. 696] NEW DELHI, SATURDAY, AUGUST 29, 2026/BHADRA 7, 1948 MINISTRY OF PORTS, SHIPPING AND WATERWAYS NOTIFICATION New Delhi, the 28th August, 2026 G.S.R. 762(E).—Whereas the draft of the Infected Zone Management, Reporting and Control of Communicable Disease at… Read More »