Recap of Latest updates posted on 28.07.2026
GSTN is taking downtime to enhance its services on the GST Portal on 29.07.2026 from 12:00 AM onwards until 6:30 am of 29.07.2026.
The Hon’ble Supreme Court in Bhandari Scrap Traders dismissed the Special Leave Petitions filed relying on the judgment of the Hon’ble Gujarat High Court in Maruti Enterprise v. Union of India & Ors. , thereby affirming that Section 16(2)(c) ..
The Monthly Open House Trade Facilitation Meeting with MSME Sectors
The Commissioner of CGST & Central Excise Madurai Commissionerate invites you for the Monthly Open House Trade Facilitation Meeting with MSME Sectors on Friday , 31.07.2026 from 3:30 pm to 04:30 pm
Crypto-Asset Reporting Obligations u/s 509 of the Income tax Act, 2025 Guidance Note
Foreign Tax & Tax Research Division release on 24.07.2026 the Guidance Note on Crypto-Asset Reporting Obligations u/s 509 of the Income tax Act, 2025.
DGFT Notif. 25/2026-27 dt 24.07.2026
Directorate General of Foreign Trade (DGFT) issued Notification No. 25/2026-27 dated 24.07.2026 regarding Amendment in Import Policy of Suspension grade PVC resin (S-PVC) covered under ITC (HS) code 39041020 of Chapter 39 of ITC (HS), 2022, Schedule-I (Import Policy)
DGFT Notif. 26/2026-27 dt 27.07.2026
DGFT issued Notification No. 26/2026-27 dated 27.07.2026 regarding Harmonisation of Schedule-II (Export Policy), ITS (HS) 2022 with Finance Act 2026
Notification no. 98/2026 dated 27.07.2026- Income tax
CBDT issued notification no. 98/2026 dated 27.07.2026 to give exemption under section 10 (46) of the Income-tax Act, 1961 (43 of 1961) provided for exemption of specified income of certain bodies or authorities or Boards or Trusts or Commissions as may be notified by the…
Notification no. 99/2026 dated 27.07.2026- Income tax
CBDT issued notification no. 99/2026 dated 27.07.2026 to provide exemption u/s section 10 (46) of the Income-tax Act, 1961 (43 of 1961) to specified income of certain bodies or authorities or Boards or Trusts or Commissions as may be notified by the Central Government
Notification no. 100/2026 dated 27.07.2026- Income tax
CBDT issued notification no. 100/2026 dated 27.07.2026 to provide deduction under section 11 of the Income-tax Act, 2025 (30 of 2025), to ‘Chhattisgarh Real Estate Regulatory Authority’, an Authority constituted by the Government of Chhattisgarh ..
Notification No.18/2026-Customs (ADD) dated 27.07.2026
CBIC issued Notification no. 18/2026-Customs (ADD) dated 27.07.2026 Seeking to impose anti-dumping duty on imports of “Low Ash Metallurgical Coke” originating in or exported from Australia, China PR, Colombia, Indonesia, Japan and Russia for a period of 5 years.
Redeveloped flats and tax exemption: What the ITAT ruled on taxpayers’ claims
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that the sale of a redeveloped flat qualifies as a long-term capital gain under the Income Tax Act, 1961, making the taxpayer eligible for indexation benefits and exemption under Section 54F, Indian Express reported.
Billionaires in India rise fourfold to 576 in five years in 2025-26: Income tax return data
The Parliament was informed on Monday that up to 576 persons reported gross total income of Rs 100 crore or more in their income tax returns for the 2025-26 assessment year, representing a four-fold increase over the previous five years.
ITR filing mistake: ITAT deletes ₹17.41 lakh penalty after CA firm’s affidavit proves clerical error
A Mumbai taxpayer has secured relief from a ₹17.41 lakh penalty after the Income Tax Appellate Tribunal (ITAT) held that an inadvertent filing mistake by a chartered accountant’s office, backed by a sworn affidavit, did not amount to misreporting of income.
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