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CBDT APA Annual Report FY 2025-26: India Crosses 1,035 Advance Pricing Agreements, and Why Filing in March Costs You a Year

Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You

RBI’s FCNR(B) and NRE Deposit Window Closes September 30, 2026: What NRIs and Their Advisers Must Do Now

Capital Gains Tax When the Bank Sells Your Mortgaged Property: Kerala High Court Ruling of July 9, 2026

RBI’s New Loan Recovery Rules From January 1, 2027: What the August 6, 2026 Directions Mean for Every Borrower

Form ITR-BN Explained: CBDT Notification 97/2026 and the New Block Assessment Return for Search Cases

SEBI GARUDA Circular of July 30, 2026: How AIF Schemes Now Launch in 10 Working Days

ITR Due Date August 31, 2026: Who Gets the Extra Month and What It Costs If You Missed July 31

RBI A.P. (DIR Series) Circular 19 of 2026: One Consolidated Rulebook for Special Rupee Vostro Accounts (SRVA)

GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)

Friday, August 14, 2026

Tag: Director Liability

Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You
Case Law GST GST

Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You

CA Adityavikram Banka August 14, 2026

In Union of India v. Sunil Biyani, 2026 INSC 849, the Supreme Court held that a Section 69 CGST arrest order must be communicated to the person before arrest, and that a court dismissing an anticipatory bail plea as premature cannot grant interim protection.

2026 INSC 849Anticipatory Bail GSTDirector LiabilityGST ArrestRadhika AgarwalSection 132 CGSTSection 69 CGSTSection 70 SummonsSupreme Court GSTUnion of India v Sunil Biyani Comment on Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You

Recent Posts

  • CBDT APA Annual Report FY 2025-26: India Crosses 1,035 Advance Pricing Agreements, and Why Filing in March Costs You a Year
  • Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You
  • RBI’s FCNR(B) and NRE Deposit Window Closes September 30, 2026: What NRIs and Their Advisers Must Do Now
  • Capital Gains Tax When the Bank Sells Your Mortgaged Property: Kerala High Court Ruling of July 9, 2026
  • RBI’s New Loan Recovery Rules From January 1, 2027: What the August 6, 2026 Directions Mean for Every Borrower

INCOME TAX

  • CBDT APA Annual Report FY 2025-26: India Crosses 1,035 Advance Pricing Agreements, and Why Filing in March Costs You a Year
  • RBI’s FCNR(B) and NRE Deposit Window Closes September 30, 2026: What NRIs and Their Advisers Must Do Now
  • Capital Gains Tax When the Bank Sells Your Mortgaged Property: Kerala High Court Ruling of July 9, 2026
  • Form ITR-BN Explained: CBDT Notification 97/2026 and the New Block Assessment Return for Search Cases
  • ITR Due Date August 31, 2026: Who Gets the Extra Month and What It Costs If You Missed July 31

Corporate Law

  • RBI’s New Loan Recovery Rules From January 1, 2027: What the August 6, 2026 Directions Mean for Every Borrower
  • SEBI GARUDA Circular of July 30, 2026: How AIF Schemes Now Launch in 10 Working Days
  • ITR Due Date August 31, 2026: Who Gets the Extra Month and What It Costs If You Missed July 31
  • CCFS-2026 Extended to August 31, 2026: How Companies Can Still Clear Pending ROC Filings at 10% Additional Fees (MCA General Circular 03/2026)
  • AS 22 Amendment 2026: No Deferred Tax on OECD Pillar Two Global Minimum Tax, New Disclosures for Indian Companies

CASE LAW

  • Sec 54 – Date of possession of new property is to be considered in the case of constructed property: ITAT Mumbai
  • Transit rent paid by the developer is not a revenue receipt and so not taxable: Bombay HC
  • Legal precedents on Ad- Hoc Disallowances
  • Additions cannot be made based on profit assumptions: Punjab & Haryana HC
  • Excessive or unreasonable salary, is a sine qua non in invoking the provision of Sec 40A(2)(b): ITAT Ahmedabad

GOODS & SERVICE TAX (GST)

  • Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You
  • GSTN Advisory 668: The August 1, 2026 e-Way Bill Changes Are On Hold (Ship-To GSTIN and Closure Facility Deferred)
  • GSTN Advisory No. 666: The FY 2025-26 AATO Amendment Window Closes July 31, 2026 (and GST Turnover Now Auto-Updates)
  • CGST Circular 255/2026: Who Handles Your GST Case After You Change Jurisdiction
  • GSTR-3B Hard-Locking and IMS: Why GSTR-1 and the Invoice Management System Now Decide Your GST Liability

OTHER POSTS

  • CBDT APA Annual Report FY 2025-26: India Crosses 1,035 Advance Pricing Agreements, and Why Filing in March Costs You a Year
  • Supreme Court, August 12, 2026: No GST Arrest Until the Section 69 Order Is Communicated to You
  • RBI’s FCNR(B) and NRE Deposit Window Closes September 30, 2026: What NRIs and Their Advisers Must Do Now
  • Capital Gains Tax When the Bank Sells Your Mortgaged Property: Kerala High Court Ruling of July 9, 2026
  • RBI’s New Loan Recovery Rules From January 1, 2027: What the August 6, 2026 Directions Mean for Every Borrower

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