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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PTFE Braided Gland Packing is Plastic Product, attracts 18% GST: AAR [Read Order]
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Consignment not Classifiable as Raw Areca Nut: Madras HC concurs with AAR ruling [Read Order]
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Income Tax | ITAT Deletes Jewellery Additions but Sustains ₹20 Lakh Cash Addition
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Income Tax | Wrong Taxpayer Facts Make Appellate Order Perverse: ITAT Agra
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Income Tax | ITAT Upholds Deletion of ₹91.11 Lakh Alleged Property Cash Payment
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Equity Shares Received against Accrued Interest Taxable under Income Tax Despite No Physical Cash Inflow: Madras HC [Read Order]
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ICAI releases Handbook on E-Way Bill under GST
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Income Tax | ITAT Deletes ₹4.25 Crore Section 68 Share Capital Addition
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HTM Classification under RBI Norms doesn’t Disentitle Banks from claiming Depreciation: ITAT [Read Order]
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Unabated Assessments can’t be Disturbed U/s 153A without Incriminating Material under Income Tax Act: ITAT [Read Order]
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NRI Buyer Fails to Deduct TDS on ₹2.25 Cr Property Purchase: ITAT Deletes ₹1.12 Lakh Penalty as Seller Paid Tax
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ITAT Rejects Bacardi India AMP Transfer Pricing Adjustment; Upholds Revenue Must Establish International Transaction Before ALP Benchmarking
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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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