A quick morning roundup of the tax and GST stories making news in India — tribunal rulings, department updates, due dates and compliance changes. Headlines are curated automatically from public sources; every item links to the original story.
The day's stories
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PCIT’s “Satisfied” Approval Lacked Application of Mind u/s 151 of Income Tax Act: ITAT Quashes Reassessment [Read Order]
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CA, CS, CMA | How Underpriced Audits Weaken Anti-Corruption Controls
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Goods and Services Tax | Why GST Department Targets Buyers Instead of Defaulting Sellers
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Income Tax | Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 (FAST-DS 2026)
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Income Tax | Non-Registration under Rajasthan Public Trust Act Cannot Alone Defeat Section 12AB Renewal: ITAT Jodhpur
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Income Tax | Corpus Donations Not Taxable Merely Due to Section 10(23C)(vi) Claim: ITAT Jodhpur
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Income Tax | ITAT Mumbai sets aside ISKCON 12AB rejection and grants 80G renewal
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Goods and Services Tax | Karnataka HC Directs Sale of Hazardous Goods Under GST Section 129(6)
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Income Tax | GP Rate Cannot Be Uniform Across Pre and Post Survey Periods: ITAT Delhi
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Corporate Law | Karnataka HC Directs NCLT to Expeditiously Consider Dispute Over Sale of Byju’s K3 Assets
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Service Tax | STPI’s SOFTEX Certification Charges Taxable as Business Support Service: CESTAT Hyderabad
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Income Tax | Madras HC Upholds Deletion of Penny Stock Gains Addition under Section 68
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How this digest works: stories are selected automatically from public RSS feeds (Taxscan, Economic Times, Moneycontrol) and published with links to the original source. The digest is a news roundup, not professional advice — always check the linked source for details, and ask us if a change affects your business.
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