New Changes for NRIs & Foreign Investors: All You Need to Know under Finance Bill, 2026
The Finance Bill, 2026 brings several focused changes for Non-Resident Indians, returning NRIs and foreign investors having business or financial...
![Income Tax Return Figures Alone Insufficient for GST Demand: Madras HC Orders Forensic Verification [Read Order]](https://images.taxscan.in/h-upload/2026/02/02/250x150_2123399-income-tax-return-figures-alone-insufficient-gst-demand-taxscan.webp "Income Tax Return Figures Alone Insufficient for GST Demand: Madras HC Orders Forensic Verification [Read Order]")
![Service Tax Demand on Amount Received for Modernisation and Upgradation of Sugar Mills Found Unsustainable: CESTAT Allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/250x150_2122751-service-tax-demand-amount-received-modernisation-upgradation-sugar-mills-found-unsustainable-cestat-allows-appeal-taxscan.webp "Service Tax Demand on Amount Received for Modernisation and Upgradation of Sugar Mills Found Unsustainable: CESTAT Allows Appeal [Read Order]")
CBIC Exempts Excise Duty on Unbranded, Non-Retail Unmanufactured Tobacco and Refuse, Retains 18% Levy on Others [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has issued an amendment notification dated 1 February, 2026, now exempting unmanufactured tobacco and tobacco refuse that do not bear a brand...
![CBIC Exempts Excise Duty on Unbranded, Non-Retail Unmanufactured Tobacco and Refuse, Retains 18% Levy on Others [Read Notification]](https://images.taxscan.in/h-upload/2026/02/02/500x300_2123361-cbic-exempts-excise-duty-unmanufactured-tobacco-refuse-taxscan.webp "CBIC Exempts Excise Duty on Unbranded, Non-Retail Unmanufactured Tobacco and Refuse, Retains 18% Levy on Others [Read Notification]")
CESTAT Sets Aside Rs.57.96 Lakh Demand in Bharat Sanchar Nigam Ltd. Appeal, Holds CENVAT Credit on Telecom Towers and Pre-fabricated Buildings Cannot Be Denied [Read Order]
The Chandigarh Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has held that CENVAT credit on telecom towers and pre-fabricated buildings used for providing mobile services...
![CESTAT Sets Aside Rs.57.96 Lakh Demand in Bharat Sanchar Nigam Ltd. Appeal, Holds CENVAT Credit on Telecom Towers and Pre-fabricated Buildings Cannot Be Denied [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122764-cestat-telecom-towers-taxscan.jfif "CESTAT Sets Aside Rs.57.96 Lakh Demand in Bharat Sanchar Nigam Ltd. Appeal, Holds CENVAT Credit on Telecom Towers and Pre-fabricated Buildings Cannot Be Denied [Read Order]")
Member-Only Services by Cooperative Society Not Taxable under Service Tax: CESTAT Applies Doctrine of Mutuality [Read Order]
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed the appeal filed by a cooperative society, holding that service tax demand under the category of ...
![Member-Only Services by Cooperative Society Not Taxable under Service Tax: CESTAT Applies Doctrine of Mutuality [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122755-member-only-services-by-cooperative-society-not-taxable-under-service-tax-taxscan.webp "Member-Only Services by Cooperative Society Not Taxable under Service Tax: CESTAT Applies Doctrine of Mutuality [Read Order]")
“Targeted Departmental Vendetta, Mala Fide Actions”: Supreme Court Sets Aside ITAT Accountant Member Selection, Orders Fresh SCSC for Ex-Army Officer [Read Order]
In a recent ruling, the Supreme Court of India set aside the selection for the post of Accountant Member of the Income Tax Appellate Tribunal (ITAT), holding that the case disclosed a “sordid tale...
![“Targeted Departmental Vendetta, Mala Fide Actions”: Supreme Court Sets Aside ITAT Accountant Member Selection, Orders Fresh SCSC for Ex-Army Officer [Read Order]](https://images.taxscan.in/h-upload/2026/02/01/500x300_2122841-targeted-departmental-vendetta-mala-fide-actions-supreme-court-sets-aside-itat-accountant-member-selection-orders-fresh-scsc-for-ex-army-officer-taxscan.webp "“Targeted Departmental Vendetta, Mala Fide Actions”: Supreme Court Sets Aside ITAT Accountant Member Selection, Orders Fresh SCSC for Ex-Army Officer [Read Order]")
![Income Tax Department Releases FAQs on Direct Tax Proposals in Budget 2026 [Read FAQs]](https://images.taxscan.in/h-upload/2026/02/02/500x300_2123352-union-budget-2026-budget-scan-2026-income-tax-department-faqs-direct-tax-proposals-budget-2026-faqs-direct-tax-faq-income-tax-faqs-taxscan.webp "Income Tax Department Releases FAQs on Direct Tax Proposals in Budget 2026 [Read FAQs]")
