Recap of Latest updates posted on 18.07.2026
Handbook on Government Supplies under GST (Including TDS Provisions) May, 2026-ICAI
ICAI published handbook on Government supplies under GST (including DS provisions) May 2026 edition. This is first edition.
Common Offline Utility (ITR 1,2,3 and ITR 4)
Common Offline Utility for filing Income-tax Returns ITR 1, ITR 2, ITR 3 and ITR 4 for the AY 2026-27
Notification No. 29/2026-Customs dated 14.07.2026
CBIC issued Notification No. 29/2026-Customs dated 14.07.2026 that Seeks to give effect to the first tranche of tariff concessions under India-UK Comprehensive Economic and Trade Agreement (CETA)
Notification no. 82/2026 dated 13.07.2026- Income tax
Central Board of Direct Taxes (CBDT) issued notification no. 82/2026 dated 13.07.2026 to provide for exemption
Notification no. 83/2026 dated 13.07.2026- Income tax
Central Board of Direct Taxes (CBDT) issued notification no. 83/2026 dated 13.07.2026 to provide for exemption of specified income
Notification no. 84/2026 dated 13.07.2026- Income tax
CBDT issued notification no. 84/2026 dated 13.07.2026 to hereby specify the pension fund, namely, Social Protection Fund(SPF) as the specified person for the purposes of the said clause in respect of the eligible investment
Notification no. 85/2026 dated 15.07.2026- Income tax
CBDT issued notification no. 85/2026 dated 15.07.2026 to hereby specify the Cost Inflation Index as mentioned in column (3) of the Table below for the Financial Years
Notification no. 86/2026 dated 16.07.2026- Income tax
CBDT issued notification no. 86/2026 dated 16.07.2026 to provide exemption under section 10 (46) of the Income-tax Act, 1961 (43 of 1961) to specified income of certain
Notification no. 87/2026 dated 16.07.2026- Income tax
CBDT issued notification no. 87/2026 dated 16.07.2026 to provide exemption to ‘Delhi Pollution Control Committee (PAN: AADAD2584N)’, a body constituted by ..
Notification no. 88/2026 dated 16.07.2026- Income tax
CBDT issued notification no. 88/2026 dated 16.07.2026 to hereby notify that all the provisions of said Protocol,
Outbound Tour Services to Indian Tourists Taxable Prior to Negative List Regime
The CESTAT, Bangalore in the case of Chariot World Tours Ltd. held that outbound international tour packages provided by an Indian tour operator to Indian tourists during the period April 2010 to March 2012 were liable to service tax under the category of “Tour Operator Service”.
The Hon’ble Bombay High Court in the case of Tata Sons Private Ltd. held that settlement of a foreign arbitral award and withdrawal/suspension of enforcement proceedings by the award-holder pursuant to such settlement does not amount to a “supply”
The Hon’ble Andhra Pradesh High Court in the case of Sona Enterprises vs. The State of AP & Anr. held that mere deposit of cash into the electronic cash ledger of a taxpayer does not amount to payment of GST
Violation of Natural Justice: Adjudication on the Same-Day Without Hearing is an ‘Eyewash’
The Hon’ble Uttarakhand High Court in the case of Poddar Ispat Pvt. Ltd. held that passing an adjudication order on the same day as filing of reply, without intimating or affording a meaningful personal hearing, violates the principles of natural justice under Section 75(4) of the Act, and such hearing is a mere “eyewash.”
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