India Tax Updates: Credits, Audits, Courts & Corporate Notices

{"root":{"type":"root","format":"","indent":0,"version":1,"children":[{"tag":"ul","type":"list","start":1,"format":"","indent":0,"version":1,"children":[{"type":"listitem","value":1,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"Foreign tax credit","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Taxpayer paid ₹4.53 lakh tax in Belgium, missed Form 67, but ITAT gave another chance to claim credit. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://www.livemint.com/money/personal-finance/paid-4-53-lakh-tax-in-belgium-but-missed-form-67-in-india-itat-gives-taxpayer-another-chance-to-claim-credit-11790127299368.html","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":2,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"Tata Power notice","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Duplicate share certificates announced via Reg 30 notice on 22 Sep 2026. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://www.kalkine.co.in/article/announcements/tata-power-nsetatapower-why-did-it-publish-a-duplicate-securities-notice-in-september-2026","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":3,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"ICAI audit deadline","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Peer‑review deadline for PSB bank branch audit firms pushed to 31 Dec 2026. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://studycafe.in/icai-extends-peer-review-deadline-for-psb-bank-branch-audit-firms-to-december-31-2026-427106.html","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":4,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"Delhi HC reassessment","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Court says a Section 148 notice is valid without Section 148A after third‑party search before 01 Sep 2024. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://thetaxcorp.in/article/reassessment-after-third-party-search-before-01092024-delhi-hc-clarifies-direct","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":5,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"GST scrutiny","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Section 61 scrutiny not required before issuing GST show‑cause notice. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://thetaxcorp.in/article/section-61-scrutiny-not-a-mandatory-precondition-for-gst-show-cause-notice","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":6,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"GST regime review","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": Decade‑long integration and key judgments evaluated. ","type":"text","style":"","detail":0,"format":0,"version":1},{"type":"link","fields":{"rel":"noopener noreferrer nofollow","url":"https://thetaxcorp.in/article/evaluating-indias-gst-regime-a-decade-of-fiscal-integration-landmark","newTab":true,"linkType":"custom"},"format":"","indent":0,"version":2,"children":[{"mode":"normal","text":"Read more","type":"text","style":"","detail":0,"format":0,"version":1}],"direction":"ltr"}],"direction":"ltr"},{"type":"listitem","value":7,"format":"","indent":0,"version":1,"children":[{"mode":"normal","text":"Refund interest","type":"text","style":"","detail":0,"format":1,"version":1},{"mode":"normal","text":": High court upholds interest calculation under Section 244A(1)(b).

Need help understanding this update?