Daily Tax Law Briefing – 11 July 2026 | GST & Income Tax | Key Judicial Developments
Staying updated with the latest judicial pronouncements is essential for tax professionals, businesses, chartered accountants, advocates, and compliance teams. Today’s Daily Tax Law Briefing (11 July 2026) highlights significant rulings under the Goods and Services Tax (GST) and Income Tax laws delivered by the High Courts, GST Appellate Tribunal, and Income Tax Appellate Tribunal.
Highlights of Today’s Briefing
Goods and Services Tax (GST)
The briefing covers two important GST decisions:
- Debabrata Bhowmick v. Union of India (Gauhati High Court) – The Court held that the period spent bona fide in pursuing a rectification application under Section 161 of the CGST Act may be excluded while computing the limitation for filing an appeal by applying the principles of Section 14 of the Limitation Act. The appellate order was set aside and the matter was remanded for fresh consideration.
- DG Anti-Profiteering v. Townpark Buildcon Pvt. Ltd. (GST Appellate Tribunal) – The Tribunal upheld the finding of profiteering under Section 171 of the CGST Act, directed refund of the profiteered amount with 18% interest to eligible homebuyers, and clarified that penalty under Section 171(3A) was not leviable where the contravention period ended before the provision came into force.
Income Tax
The briefing also analyses seven important Income Tax decisions, including:
- Mandatory issuance of notice under Section 143(2) in reassessment proceedings.
- Transfer pricing principles relating to foreign exchange gains, allocation of common expenses, comparable selection, and deduction under Section 57(iii).
- Fresh opportunity under the principles of natural justice for claims under Section 80P.
- Jurisdictional issues relating to DIN, limitation, Section 292BB, and reassessment proceedings.
- Relationship between penalty proceedings under Section 271(1)(c) and pending quantum appeals.
Why This Briefing Matters
This edition provides concise yet practical summaries of recent judicial developments that have a direct bearing on GST litigation, appellate practice, reassessment proceedings, transfer pricing disputes, anti-profiteering matters, and tax compliance. Professionals can quickly understand the legal principles emerging from these decisions and assess their implications for ongoing matters.