EaseValueSection 80G CSR Deduction ITAT Ruling 2026 | EaseValue Jaipur
In a recent ITAT Mumbai judgment (August 2026), the tribunal has allowed a substantial Section 80G deduction for CSR donations while remanding interest computation issues. This ruling directly impacts corporate taxpayers claiming charitable deductions.
RBI VRRR Auction August 2026 - Impact on Indian Taxpayers
The Reserve Bank of India has announced a 7-day Variable Rate Reverse Repo (VRRR) auction scheduled for August 17, 2026, as a liquidity management measure. This recent update affects how businesses and individual taxpayers manage cash flow and investment decisions during AY 2026-27.
InvIT Debt-Funded Road Maintenance NDCF Add-Back 2026
In August 2026, SEBI has allowed Infrastructure Investment Trusts (InvITs) to add back debt-funded road major maintenance expenses in their Net Distributable Cash Flow (NDCF) framework. This change requires unitholder approval, independent audit certification, and detailed disclosures—affecting how InvIT distributions are calculated for tax purposes.
GST Appeal Not Maintainable Section 98(2) Order 2026 AAAR
In a significant ruling dated August 2026, Tamil Nadu AAAR has held that appeals against AAR orders issued under Section 98(2) of the GST law are not maintainable under Section 100(1). This distinction between Section 98(2) and 98(4) orders has critical implications for GST taxpayers planning appeals.
Section 148A Non-Compliance: HC Restrains Reassessment 2026
A recent Calcutta High Court judgment has set an important precedent by restraining reassessment proceedings where the Income Tax Department fails to comply with Section 148A of the Income Tax Act 2025. This ruling offers significant protection to taxpayers in AY 2025-26 and beyond.
SGB Premature Redemption Aug 2026 - Redemption Price ₹15,295
The Sovereign Gold Bond 2021-22 Series V has reached its premature redemption date on August 17, 2026, with a fixed redemption price of ₹15,295 per unit. Investors need to understand the tax treatment of gains and capital gains implications under the Income Tax Act 2025.
Section 68 Addition Remanded: Cochin ITAT 2026 Key Ruling
In a major ruling from August 2026, Cochin ITAT has held that Section 68 additions cannot survive without proper reconciliation and verification of supporting documents. This is a critical update for all taxpayers facing cash credit scrutiny in AY 2025-26 and AY 2026-27.
Treasury Bills Auction Aug 2026 - Income Tax Impact for Indian Investors
The Reserve Bank of India has announced a fresh auction of 91-day, 182-day and 364-day Treasury Bills in August 2026. This is a crucial investment opportunity for individuals and institutions, but comes with specific income tax and TDS implications that every investor must understand.
FCNR(B) Deposits & ECB Forex Inflows: RBI Swap Facility 2026 Tax Guide
RBI introduced a special USD-INR Forex Swap facility on June 8, 2026, attracting ₹56,846 million in forex inflows by August 13. This recent update clarifies the extended deadlines for ECBs and OFCBs while restricting FCNR(B) deposits mobilization to August 31, 2026—with significant income tax and withholding implications for NRIs and corporates.
RBI Small Finance Banks Recovery Rules 2026 - Tax & Compliance Guide
The RBI has issued comprehensive new directions on loan recovery conduct by Small Finance Banks (SFBs) effective January 1, 2027. This impacts how SFBs handle debt recovery, engage recovery agencies, and treat borrowers—with significant compliance and tax implications.
Section 148 Reassessment Quashed 2026 – ITAT Mumbai Ruling on Section 149(1)(b)
In a significant ruling from August 2026, ITAT Mumbai has quashed a Section 148 reassessment notice for AY 2017-18, holding that the Income Tax Department failed to satisfy the strict conditions under Section 149(1)(b) of the Income Tax Act 2025 for reopening assessments beyond three years. This is a major win for taxpayers facing old reassessment notices.
SC Dismisses Revenue SLP: Section 68 Penny Stock Addition Deleted 2026
In a major relief for taxpayers, the Supreme Court has dismissed the Revenue's SLP against the High Court's ruling that upheld the Long-Term Capital Gains (LTCG) exemption under Section 10(38) of the Income Tax Act 2025 on penny stock shares. The deletion of the Section 68 addition has been affirmed.
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