Recap of Latest updates posted on 13.08.2026
ZF Commercial Vehicle Control Systems India receives ₹28 crore GST show-cause notice
ZF Commercial Vehicle Control System India, formerly known as WABCO India, has received a show-cause notice from the Additional Commissioner, GST & Central Excise, Audit-I Commissioner, Chennai, proposing a demand of Rs. 27.99 crore.
Reforming India’s Tribunal System : Tribunal Reforms Bill, 2026
The Tribunals Reforms Bill, 2026 seeks to create a more independent, transparent and professionally administered tribunal system. The Bill provides for setting up of a judiciary-led National Tribunals Commission that will make selections to the tribunals and exercise oversight on their functioning.
CAG flags ₹401 cr GST lapses in works contracts; revenue dept accepts
The Comptroller and Auditor General (CAG) has detected 1,334 cases of goods and services tax (GST) non-compliance in the works contract and construction sector involving ₹401.42 crore.
SC sets aside protection from arrest granted to Future Group director in GST case
The Supreme Court on Wednesday set aside a Bombay High Court order granting Future Group non-executive director Sunil Biyani one week’s protection from arrest in a Goods and Services Tax (GST) investigation
Advance Pricing Agreement (APA) Programme: Annual APA Report FY 2025-26
Central Board of Direct Taxes published Advance Pricing Agreement (APA) Programme: Annual APA Report FY 2025-26.
Notification no. 112/2026 dated 11.08.2026- Income tax
CBDT issued notification no. 112/2026 dated 11.08.2026 to provide exemption under section 10 (46) of the Income-tax Act, 1961 (43 of 1961) on specified income of certain bodies or authorities or Boards or Trusts or Commissions as may be notified by the Central Government in the Official Gazette for the purposes of that section;
Non-Supply of Field Visit Report Vitiates Rejection of Revocation Application
The Hon’ble Calcutta High Court in the case of Scorp Industries &Anr. held that where cancellation of GST registration was founded upon a field visit report, such report ought to have been supplied to the taxpayer before rejection of the application for revocation under Section 30 of the CGST/WBGST Act.
Tax Book : Bharatiya Sakshya Adhiniyam, 2023
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