
MEIS Scrip Sale Proceeds Capital Receipts, Not Taxable: ITAT Chennai
ITAT Chennai holds MEIS scrip sale proceeds as capital receipts and allows construction costs on leasehold land as revenue expenditure.

Composite Works Contract Not Taxable Before 1st June 2007: CESTAT Delhi

CESTAT Kolkata Quashes Service Tax Demands on SEZ Exemption and Limitation

CESTAT Ahmedabad Rejects Customs Appeals on Advance Authorisation Sesame Seed Diversion

Electricity Charges Recovered at Actuals by Maintenance Entities Excluded from GST Value: WBAAR

Unsigned, Unstamped Sale Agreement Cannot Prove Cash Receipt: ITAT Deletes Section 271DA Penalty

Section 69A Addition Deleted for Excel-Sheet Entries Without Unexplained Money: Delhi ITAT

AO Cannot Reopen Assessment Concluded by Settlement Commission: SC

Layered Loans Used to Acquire Promoters’ Shares Constitute Benami Transaction: SAFEMA

Jalandhar CAs Seek Tax Audit Due Date Extension to 31 October 2026

Service Concession Arrangements under Ind AS 115: Accounting for BOT Bus Stops

ICAI Guidance Note on Financial Statements of Non-Corporate Entities: Phase II from April 1, 2026

Analysis of Notifications and Circulars for Week Ending 6th September 2026
Turmeric Extract Nutraceutical Taxable at 5% GST: Kerala AAR
Kerala AAR classifies Turmeric Extract/Curcuma Elixir under HSN 2106 at 5% GST from 22 September 2025; MRP of Rs. 4,990 is irrelevant.
Home Healthcare GST Advance Ruling Application Dismissed as Withdrawn: Kerala AAR
Kerala AAR dismisses as withdrawn Pulso Global's application seeking GST exemption ruling on home healthcare services.
Customer-Supplied Paper Printing Is Job Work Under SAC 9988: Kerala AAR
Kerala AAR holds printing on customer-supplied paper is job work under SAC 9988; printing religious books with printer's paper attracts 18% GST.

Author was Member of ICAI- Capacity Building Committee 2010-11 and ICAI- Committee for Direct Taxes 2011-12…

I am Delhi Delhi-based advocate specializing in tax litigation and advisory, especially to corporates. I represent…
Contributor on tax, GST and corporate-law developments.

























