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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Section 270A Income Tax Penalty Cannot Be Passed While Quantum Appeal is Pending Before ITAT: Delhi HC [Read Order]
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GST Refund Acknowledged? Dept Cannot Issue Deficiency Memo After Acknowledgement, FinMin Clarifies
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Income Tax | ITAT Nagpur Allows Section 11 Exemption Despite Delayed Form 10B Filing
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Income Tax | Partner’s Cash Withdrawal Against Credit Balance Is Not a Loan: ITAT Deletes ₹15 Lakh 271D Penalty
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Income Tax | Duplicate Appeals and Unmonitored Email Fail to Justify Delay Before ITAT Hyderabad
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Income Tax | ITAT Deletes ₹2.29 Crore PF/ESI Disallowance Under Sections 143(1) and 154
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Business | Mphasis’ emissions reduction targets validated by Science Based Targets initiative
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Business | UBS AG acquires 4.8% stake in 360 ONE WAM through warrant conversion
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Income Tax | Section 270A Notice Not Invalid Merely for Omitting Specific Misreporting Clause: ITAT
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Business | Marico achieves significant reduction in emissions intensity since FY13
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Income Tax Rules Amended: CBDT introduce New Form 173A for Govt Securities Exemption Claims [Read Notification]
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Income Tax | ITAT Mumbai Deletes Section 50C Addition Where AO Ignored Pending DVO Reference
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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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