Crack the Code

GST COURT ROOM SERIES Interest and Penalty Cannot Travel Beyond the Show Cause Notice? Analysis of the Delhi High Court decision in Sh. Bhupender Kumar Proprietor of M/s  Dabas Construction Co. vs. The Commissioner, GST, West Delhi & Another W.P.(C) 1184/2026 , HC-16-642, dt. 11.5.26 Facts The petitioner, a sole proprietor engaged in construction activities, was issued a Show Cause Notice (SCN) dated 29 December 2023 by the GST Department alleging wrongful availment of Input Tax Credit (ITC) relating to Financial Year 2018-19. According to the department, the ITC availed by the petitioner was inadmissible in view of Section 16(4) of the Central Goods and Services Tax Act, 2017, as the credit had been claimed beyond the prescribed time limit. The department further alleged that although the petitioner ultimately reversed the disputed ITC, such reversal was made only in December 2023, nearly four years after the relevant tax period. The petitioner challenged the proceedings p...

                                                                                                                                                         - CA Chaitanya Kumar Income tax Update: CBDT Circular No. 06/2026: Relief for Delay in Filing Form 10AB for Renewal of Section 80G Approval The Central Board of Direct Taxes (CBDT) has issued Circular No. 06/2026 granting relief to charitable trusts and institutions that could not file Form No. 10AB within the prescribed time for renewal of approval under Section 80G(5) of the Income-tax Act. Background Institutions enjoying approval under Section 80G are ...

        GST Update:  GSTN Advisory: Advisory on Revision of Timeline for Amendment of Aggregate Annual Turnover (AATO), 2026 ⃝ GSTN has revised the timeline for amendment of Aggregate Annual Turnover (AATO) for FY 2025-26. ⃝   The change is due to a system upgrade that will automatically update AATO as subsequent  GST returns are filed. The enhanced functionality is being implemented from 1 July 2026. ⃝   Earlier, taxpayers could amend their AATO during the month of May. ⃝   For FY 2025-26, the amendment window has been shifted to 1 July to 31 July 2026. Taxpayers can submit their AATO amendment applications only during this revised period.  The jurisdictional Tax Officer will verify the amended AATO between 1 August and 15  August 2026. ⃝   The revised process aims to improve consistency, accuracy, and uniformity of AATO across  the GST Portal. ⃝  Taxpayers should carefully verify the turnover details before su...