CBDT issues guidelines for Registrars and Share Transfer Age.. CBDT issues guidelines for Registrars and Share Transfer Age.. DGIT(S)/ ADG(S)-2/Reporting Portal/2026/ 3769 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 2 of’ 2026 Format, Procedure and Guidelines for submission of Statement of Financial Transactions {SFT-2518)… Read More »
CBDT issues guidelines for depositories to furnish SFT on se… CBDT issues guidelines for depositories to furnish SFT on se… Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No,J_ of2026 New Delhi, 10~September, 2026 Format, Procedure and Guidelines for submission of Statement of .Financial Transactions (SFT-2517)… Read More »
GST CASE LAW 14.09.2026 Relevant Act Section Case Law Title Citation Brief Summary Central Goods and Services Tax Act, 2017 Section 16 A.R. Thaha Muhammed v. Assistant State Tax Officer Click Here Where GST returns for April 2019 to March 2020 were filed prior to the 30.11.2021 cut-off under Section 16(5), denial of ITC solely… Read More »
Blocked Credit Ledger Cannot Be Used for Appellate Pre-Deposit Until Blockage Under Rule 86A Is Removed Issue Whether an assessee can seek direct appropriation of blocked Input Tax Credit (ITC) in the Electronic Credit Ledger (ECL) under Rule 86A to satisfy the mandatory pre-deposit requirement for filing an appeal under Section 107(6). Facts The DGGI… Read More »
Blocked Electronic Credit Ledger Cannot Be Used for Section 107 Pre-Deposit Pending Rule 86A Unblocking Request Issue Whether an assessee has an absolute right under Section 49(4) to utilize funds in an Electronic Credit Ledger (ECL) for paying the mandatory pre-deposit under Section 107 when the credit ledger has been provisionally blocked by the tax… Read More »
Writ Jurisdiction Condones Appeal Delay and Quashes Garnishee Order Where Order Was Misplaced on Portal Issue Whether delay in filing a statutory appeal under Section 107 of the CGST/KGST Act can be condoned under extraordinary writ jurisdiction when an order-in-original is wrongly uploaded under the “Additional Notices and Orders” tab rather than the regular portal… Read More »
Writ Petition Is Not Maintainable Against Consolidated SCN and Order Covered Under Efficacious Statutory Appeal Issue Whether a writ petition is maintainable under Article 226 against an adjudication order confirming GST demands under Section 74 when an efficacious statutory appellate remedy is available on merits. Whether a consolidated Show Cause Notice (SCN) issued for multiple… Read More »
Statutory Waiver of Penalty Is Inadmissible If Tax and Interest Are Paid Beyond the Thirty-Day SCN Window Issue Whether a 10% penalty levied under Section 73 of the CGST/TNGST Act for delayed remittance of tax can be waived when the payment of tax and interest was delayed beyond thirty days from the issuance of the… Read More »
New Regime can be taken even if Form 10IEA filed to opt Old regime : ITAT The Income Tax Appellate Tribunal (ITAT), Bangalore Bench,in 2026 ruled that the tax regime chosen in the Return of Income (ROI) supersedes an inadvertently filed Form 10-IEA. Case Background Assessee & AY: Adit Nilesh Shah, an individual practicing law;… Read More »
Economic Offence Severity Alone Cannot Justify Denial of Regular Bail Where Custody Is Prolonged Issue Whether an accused in custody for four months for allegedly claiming wrongful Input Tax Credit (ITC) on fake invoices is entitled to regular bail under Section 483 of Bharatiya Nagarik Suraksha Sanhita, 2023 read with Sections 69 and 132 of… Read More »