Weekly Regulatory Update  ·  W21-2026

Tax & Regulatory
Digest

Week of 17 May 2026 to 23 May 2026
GST · Direct Tax · MCA · RBI/FEMA · ICAI
Dear Reader,
3
GST
3
Direct Tax
1
MCA
3
RBI / FEMA
2
ICAI
9
Actions
GST

Goods & Services Tax — GSTR-3B April Due, GSTAT Portal Relaxation, 57th Council Preview

Deadline
GSTR-3B for April 2026 due 20 May (monthly filers > Rs.5 crore) — just passed. QRMP filers: Cat I states 22 May, Cat II states 24 May. Tax Liability Breakup (TLB) tab must be opened, reviewed, and saved before filing — mandatory since GSTN advisory of 16 Apr 2026. Late filing attracts interest under s.50 CGST Act from the day after the due date. Verify April GSTR-3B filed and check TLB tab saved confirmation in filing acknowledgement. Source
Portal
GSTAT Principal Bench extends relaxation for online appeal filing until 31 December 2026. Office Order F.No. GSTAT/Pr.Bench/Portal/125/25-26 dated 14 May 2026. Under Rule 123, GSTAT Procedure Rules 2025, the Principal Bench has extended relaxation measures addressing practical difficulties in the initial phase of GSTAT portal operations — flexible requirements for authorisation letters, digital signatures, and documentation for both taxpayer and revenue appeals. Appellants facing difficulty with the online portal can continue filing with relaxed requirements through December 2026. Source
Live
57th GST Council Meeting expected end-May or June 2026 — key agenda items flagged. Meeting date pending announcement (post state election results). Watch items: (a) electricity and natural gas brought under GST — significant impact on power sector and manufacturing; (b) fate of Compensation Cess (expired 31 March 2026); (c) GST amnesty scheme for early-period non-compliances; (d) refund of accumulated ITC on input services. Source
Direct Tax

Income Tax — ITR Utilities AY 2026-27 Live, Q4 TDS Returns Due, PRARAMBH-2026 Outreach

Portal
ITR-1 (Sahaj) and ITR-4 (Sugam) offline utilities now available for AY 2026-27. Common utility, Mac utility, and Excel-based utility released between 15–21 May 2026 on the e-filing portal (incometax.gov.in). Online filing for ITR-1 and ITR-4 also live. ITR-1 for resident individuals with salary/house property/other sources up to Rs.50 lakh; ITR-4 for presumptive income under s.44AD / 44ADA / 44AE. Filing deadline: 31 July 2026. Begin scheduling salaried and presumptive-income clients now. Source
Deadline
Q4 FY 2025-26 TDS returns (Forms 24Q, 26Q, 27Q, 27EQ) due 31 May 2026. This is the final TDS return quarter under ITA 1961 section numbering. Late filing penalty under s.234E: Rs.200 per day, capped at the quarter's TDS amount. Ensure all Jan–Mar 2026 TDS payments are reconciled. Form 16/16A issuance depends on Q4 return acceptance on TRACES — file early to avoid processing delays before the 15 June issuance deadline. Source
Live
PRARAMBH-2026 — Income Tax Department nationwide outreach on Income Tax Act, 2025. Events conducted in Andhra Pradesh and Telangana on 23–24 May. Programme aims to familiarise taxpayers and professionals with the new Act's structure, section numbering, and compliance requirements. Signals Department interpretation positions before assessment season. Key items for practitioners: Form 130 (new Form 16), Form 131 (new Form 16A), and new ITR forms under IT Rules 2026 for TY 2026-27. Attend or follow for early visibility. Source
MCA

Corporate Affairs — IBC Amendment Act 2026 Workshop

Live
DFS workshop on the Insolvency and Bankruptcy (Amendment) Act, 2026 — conducted 19 May 2026. The Department of Financial Services organised a half-day workshop covering the newly enacted amendments to the IBC framework. Key changes include provisions on pre-packaged insolvency resolution for MSMEs and enhanced creditor rights. CAs acting as resolution professionals or advising debtor companies should review the amendment provisions — changes may affect ongoing CIRP proceedings and NCLT/NCLAT procedures. Source
RBI / FEMA

RBI / FEMA — Prudential Norms Amendments, UNSC Sanctions Update, SEBI MCR Revision

New Law
RBI amendment directions dated 18 May 2026 — multiple changes to bank prudential norms and financial statement presentation. Includes Commercial Banks — Prudential Norms on Capital Adequacy (Fourth Amendment) Directions, 2026, updated financial statements presentation requirements, and investment portfolio classification directions. Bank statutory auditors must review updated capital adequacy computation and financial statement presentation requirements for FY 2025-26 audits. Updated IRAC norms and investment classification may affect provisioning calculations. Source
Portal
RBI UNSC 1267/1989 sanctions list update — implementation notice dated 22 May 2026. Banks and financial institutions must screen against the updated ISIL (Da'esh) & Al-Qaida Sanctions Committee list under Section 51A, UAPA 1967. Compliance teams at banks and NBFCs must update AML/CFT screening systems and run updated screening against customer databases immediately. Source
Portal
SEBI circular dated 19 May 2026 — revision of Monthly Cumulative Report (MCR) format for mutual fund houses. Updated reporting template with enhanced disclosure requirements for AMCs. Fund compliance teams must adopt the revised MCR format for monthly reporting. Fund auditors should note enhanced disclosures for compliance verification. Source
ICAI

ICAI — GST Bare Law Consolidation & GSTAT Practical Guide

Publication
ICAI IDTC: "GST Act(s) and Rule(s) — Bare Law" consolidation released 18 May 2026. Incorporates all amendments including CGST Amendment Act 2025 changes effective 1 April 2026 (ISD provisions, biometric authentication, credit note amendments under Section 34). Essential desk reference for GST practitioners — replaces earlier editions. Download from idtc.icai.org. Source
Publication
ICAI IDTC: "Practical Guide to GST Adjudication and Appeals including GSTAT" released 13 May 2026. Updated to 31 March 2026. Comprehensive coverage of GST disputes, investigations, show cause notices, adjudication proceedings, appeals before Appellate Authority, GSTAT online filing procedures, and representation before High Courts/Supreme Court. Critical resource now that GSTAT is operational — includes step-by-step procedures for online appeal filing, pre-deposit calculations under s.112 CGST Act, and drafting guidance for SCN replies and appeal memoranda. Download from idtc.icai.org. Source
Technical Reference
I.
GST
Goods & Services Tax
A GSTR-3B for April 2026 — Filing Status, TLB Mandate & QRMP Deadlines ▾
Due dates: Monthly filers (AATO > Rs.5 crore) — 20 May 2026 (past due). QRMP Cat I states — 22 May 2026. QRMP Cat II states — 24 May 2026. Authority: Rule 61, CGST Rules 2017.
Tax Liability Breakup (TLB) tab — mandatory workflow step: Per GSTN advisory of 16 April 2026, the TLB tab must be opened, reviewed, and saved before the GSTR-3B filing option activates. This is a system-enforced gate — the "File" button remains disabled until TLB is saved. Verify TLB saved confirmation in the filing acknowledgement for each GSTIN.
Late filing consequences: Interest under s.50 CGST Act at 18% p.a. on the net tax liability from the day after the due date until payment. Late fee under s.47 CGST Act: Rs.50/day (Rs.25 CGST + Rs.25 SGST), capped at Rs.10,000 per return. For nil returns: Rs.20/day.
Practice action: Run a GSTR-3B filing status check across all client GSTINs for April 2026. For any missed deadlines, file immediately — interest accrues daily. Confirm TLB tab was saved (not just opened) in each filing acknowledgement. For QRMP filers who opted for the PMT-06 challan route, verify challan deposit of 35% of preceding quarter's tax liability or self-assessed amount.
B GSTAT Portal — Online Appeal Filing Relaxation Extended to 31 December 2026 ▾
Reference: Office Order F.No. GSTAT/Pr.Bench/Portal/125/25-26 dated 14 May 2026. Issued by the GSTAT Principal Bench under Rule 123, GST Appellate Tribunal (Procedure) Rules, 2025.
Scope of relaxation: Addresses practical difficulties encountered during the initial phase of GSTAT portal (efiling.gstat.gov.in) operations. Relaxed requirements apply to: (a) authorisation letters — flexible format accepted; (b) digital signature certificates — relaxed DSC requirements for initial filings; (c) documentation for both taxpayer appeals and revenue appeals — simplified upload requirements. Extended until 31 December 2026.
Practical implications: Appellants who were unable to file electronically due to portal teething issues now have an extended window with reduced compliance friction. However, the relaxation does not extend substantive limitation periods under s.112 CGST Act — the appeal must still be filed within the statutory time limits (3 months from the date of the order appealed against, extendable by 1 month on sufficient cause).
Practice note: While relaxation is welcome, maintain physical records and authorisation documents as backup. The GSTAT portal is still in early stages — monitor for technical fixes and updated filing instructions. For clients with pending appeal limitation deadlines, do not rely on relaxation alone — file within time and supplement documentation as the portal stabilises. Build a calendar alert for the 31 December 2026 expiry of this relaxation window.
C 57th GST Council Meeting — Agenda Preview & Watch Items ▾
Status: Meeting date not yet announced — expected end-May or June 2026, post state election results. The 56th Council Meeting was held on 21 December 2025; the gap is the longest in recent years.
Agenda item 1 — Electricity and natural gas under GST: Long-pending proposal to bring electricity (currently outside GST) and natural gas (petroleum products excluded under Article 279A) within the GST ambit. If approved, significant impact on (a) power sector — input credit chains open up for generators and distributors; (b) manufacturing — gas-intensive industries (fertilisers, petrochemicals, ceramics) gain ITC on fuel input; (c) state revenues — revenue-neutral rate calibration will be contentious.
Agenda item 2 — Compensation Cess fate: The GST Compensation Cess (levied under s.8 GST (Compensation to States) Act, 2017) expired on 31 March 2026 after the extended period. Council must decide: (a) discontinue and absorb into base rate; (b) rename and continue as a surcharge for loan repayment; or (c) restructure. Directly affects pricing of luxury goods, tobacco, aerated beverages, motor vehicles.
Agenda item 3 — GST amnesty scheme: Proposed amnesty for early-period non-compliances (FY 2017-18 through FY 2019-20) — waiver or reduction of interest and penalty for taxpayers who file overdue returns and pay principal tax. Would parallel the Income Tax's Vivad Se Vishwas model.
Agenda item 4 — ITC refund on input services: Current restriction under s.54(3)(ii) CGST Act limits inverted-duty-structure refund to input goods only — input services are excluded from the refund formula. Council may consider including input services in the refund computation, addressing a long-standing industry demand validated by multiple High Court decisions.
Practice note: No client action required at this stage — these are watch items. However, for clients in power, gas-intensive manufacturing, or those with significant Compensation Cess exposure, flag the Council meeting date as soon as announced. If the amnesty scheme materialises, it could be the last window to regularise FY 2017-20 non-compliances at reduced cost.
II.
Direct Tax
Direct Tax
A ITR-1 (Sahaj) & ITR-4 (Sugam) Offline Utilities Released — AY 2026-27 ▾
Release: CBDT / e-Filing Portal released ITR-1 and ITR-4 offline utilities — common utility, Mac utility, and Excel-based utility — between 15–21 May 2026. Online filing mode also live on incometax.gov.in.
ITR-1 (Sahaj) — eligibility: Resident individuals (not-ordinarily-resident excluded) with total income up to Rs.50 lakh from salary, two house properties, other sources (interest, etc.), LTCG under s.112A up to Rs.1.25 lakh, and agricultural income up to Rs.5,000.
ITR-4 (Sugam) — eligibility: Resident individuals, HUFs and firms (other than LLPs) with total income up to Rs.50 lakh from business/profession computed under s.44AD / 44ADA / 44AE presumptive sections, and LTCG under s.112A up to Rs.1.25 lakh.
Filing deadline: 31 July 2026 for non-audit cases. ITR-2/3/5/6/7 utilities expected to follow over the next 4–6 weeks.
Practice action: (1) Download the latest utility version from incometax.gov.in — older drafts not accepted; (2) Begin scheduling salaried (ITR-1) and presumptive-income (ITR-4) clients now; (3) For clients with income heads requiring ITR-2/3/5, hold until those utilities are released; (4) Verify AIS / Form 26AS data match before filing — reconcile any discrepancies upfront.
B Q4 FY 2025-26 TDS Returns — Forms 24Q/26Q/27Q/27EQ Due 31 May 2026 ▾
Due date: 31 May 2026 for Q4 (January–March 2026) TDS/TCS returns. Authority: s.200(3) ITA 1961 read with Rule 31A, IT Rules 1962.
Forms covered: Form 24Q (salary TDS) · Form 26Q (non-salary domestic TDS) · Form 27Q (TDS on payments to non-residents) · Form 27EQ (TCS). This is the last TDS return quarter under ITA 1961 section numbering — from Q1 FY 2026-27 onwards, the new section numbering under Income-tax Act, 2025 applies.
Late filing penalty: s.234E — Rs.200 per day of delay, capped at the total TDS/TCS amount deducted/collected for the quarter. Additionally, failure to file within one year from the due date attracts prosecution under s.276B.
Downstream dependency — Form 16/16A issuance: Form 16 (salary) and Form 16A (non-salary) can only be generated on TRACES after the corresponding Q4 return is filed and accepted. Issuance deadline: 15 June 2026. Late filing of Q4 return compresses the TRACES processing window and risks missing the Form 16/16A deadline.
Practice action: (1) File Q4 returns by 25 May to allow TRACES processing buffer before 15 June; (2) Reconcile all Jan–Mar 2026 TDS challan payments against deduction records; (3) For Form 24Q, ensure Annexure II (salary computation) is complete with accurate breakup — this feeds directly into Form 16 Part B; (4) For 27Q (non-residents), verify DTAA benefit claims and TRC/Form 10F documentation is in order.
C PRARAMBH-2026 — IT Department Outreach on Income Tax Act, 2025 ▾
Programme: PRARAMBH-2026 — nationwide outreach and awareness programme launched by the Income Tax Department on the Income Tax Act, 2025. Events conducted in Andhra Pradesh and Telangana on 23–24 May 2026. Follows the earlier Nagpur event on 14 May 2026 (covered in W20).
Significance for practitioners: These outreach sessions signal the Department's interpretation positions on the new Act before assessment season begins. Key transition items being covered include: (a) Form 130 replacing Form 16 for salary TDS certificates under ITA 2025; (b) Form 131 replacing Form 16A for non-salary TDS certificates; (c) new ITR form structures under IT Rules 2026 for TY 2026-27; (d) section mapping from ITA 1961 to ITA 2025.
Form 121 — UIN system: The new Form 121 under IT Rules 2026 introduces the Unique Identification Number (UIN) system for declarations (equivalent to Form 15G/15H under the old regime). Payroll and TDS software must be updated to accommodate UIN-based declarations for TY 2026-27 deductions.
Practice note: Monitor PIB / regional CIT communications for the PRARAMBH-2026 outreach calendar — similar events expected across metro charges (Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Pune) through Q1 FY 2026-27. Attendance gives early visibility into Department interpretation positions. Capture any Department FAQs and position statements on old-section-vs-new-section citation, form transition, and AIS / Form 168 reconciliation methodology.
III.
MCA
Ministry of Corporate Affairs
A Insolvency and Bankruptcy (Amendment) Act, 2026 — DFS Workshop & Key Changes ▾
Event: Department of Financial Services (DFS) organised a half-day workshop on the Insolvency and Bankruptcy (Amendment) Act, 2026 on 19 May 2026. Workshop covered the newly enacted amendments to the IBC framework.
Key amendment areas: (a) Pre-packaged insolvency resolution for MSMEs — streamlined process with reduced timelines, lower costs, and debtor-in-possession model for eligible MSME corporate debtors; (b) Enhanced creditor rights — strengthened provisions for financial creditors in the Committee of Creditors (CoC), including revised voting thresholds and timeline protections; (c) Procedural refinements to CIRP and liquidation processes.
Impact on ongoing proceedings: The amendment Act's applicability to ongoing CIRP proceedings and NCLT/NCLAT procedures needs careful examination — transitional provisions will determine whether the enhanced creditor rights and pre-pack provisions apply to cases already admitted.
Practice note: CAs acting as resolution professionals, insolvency professionals, or advising on IBC matters should review the full amendment text. For audit clients with exposure to IBC proceedings (as creditors or debtors), assess whether the amendments affect provisioning, expected credit loss models, or resolution plan valuations. MSME clients facing financial stress should be briefed on the pre-packaged insolvency option as a potentially less disruptive alternative to full CIRP.
IV.
RBI / FEMA
RBI & FEMA
A RBI Prudential Norms & Financial Statement Amendment Directions — 18 May 2026 ▾
Reference: Multiple RBI amendment directions issued on 18 May 2026. Key instrument: Commercial Banks — Prudential Norms on Capital Adequacy (Fourth Amendment) Directions, 2026.
Scope — three parallel amendment tracks: (a) Financial statements presentation — revised disclosure formats and presentation requirements for bank balance sheets and profit & loss accounts; (b) Capital adequacy — Fourth Amendment to prudential norms, likely adjusting risk weights, capital buffer requirements, or Tier-I/Tier-II capital computation methodology; (c) Investment portfolio — updated classification and valuation directions for banks' investment portfolios (HTM/AFS/HFT categories under the revised framework).
Audit implications: Bank statutory auditors conducting FY 2025-26 audits must review the updated requirements — particularly where the effective date falls within or immediately after the audit period. Capital adequacy computation changes affect CRAR reporting. Investment portfolio reclassification may trigger mark-to-market adjustments and provisioning changes.
Practice note: For YWQ clients with banking audit mandates, download the full text of each amendment direction from rbi.org.in. Map the changes against existing audit programmes and update the capital adequacy worksheet and investment portfolio testing procedures accordingly. Coordinate with bank treasury teams on investment reclassification impact.
B UNSC 1267/1989 Sanctions List Update — AML/CFT Screening Requirement ▾
Reference: RBI implementation notice dated 22 May 2026 for updated UNSC ISIL (Da'esh) & Al-Qaida Sanctions Committee list. Issued under Section 51A, Unlawful Activities (Prevention) Act, 1967.
Compliance obligation: All banks, NBFCs, and regulated financial institutions must: (a) update their AML/CFT sanctions screening databases with the revised list; (b) run updated screening against existing customer databases; (c) report any matches to the Financial Intelligence Unit (FIU-IND) immediately; (d) freeze assets of matched entities/individuals without delay.
Frequency: UNSC sanctions lists are updated periodically — RBI issues corresponding implementation notices. This is a routine but mandatory compliance obligation. Failure to screen is a serious regulatory risk — RBI inspection findings on AML/CFT lapses attract enforcement action.
Practice note: For banking and NBFC audit clients, verify that the AML/CFT screening system was updated with the 22 May 2026 list within the RBI-expected turnaround (typically 24–48 hours of the notice). Include the update in the AML/CFT compliance testing workpaper for the ongoing audit cycle.
C SEBI Circular — Monthly Cumulative Report (MCR) Format Revision for Mutual Funds ▾
Reference: SEBI circular dated 19 May 2026 on revision of the Monthly Cumulative Report (MCR) format for mutual fund houses (Asset Management Companies).
Changes: Updated reporting template with enhanced disclosure requirements. The MCR is a monthly report filed by AMCs with SEBI capturing cumulative AUM, scheme-wise flows, expense ratios, and portfolio composition data. The revised format likely includes additional granularity on: (a) scheme-level risk metrics; (b) ESG-related disclosures; (c) side-pocketed unit data (if applicable); (d) direct vs regular plan flow bifurcation.
Impact: AMC compliance teams must adopt the revised MCR format starting from the specified reporting period. Fund auditors conducting half-yearly or annual audits of mutual fund schemes should note the enhanced disclosures for compliance verification and cross-referencing with scheme financial statements.
Practice note: Relevant primarily for audit clients in the mutual fund industry. For YWQ's Sanchayak advisory vertical — the enhanced MCR disclosures, once publicly available through AMFI/SEBI, will provide richer data for fund selection and monitoring.
V.
ICAI
ICAI
NEW PUBLICATIONS
A "GST Act(s) and Rule(s) — Bare Law" Consolidation · IDTC · 18 May 2026 ▾
Publication: Released by ICAI's Indirect Taxes Committee (IDTC) on 18 May 2026. Updated bare-law consolidation of all GST Acts and Rules incorporating every amendment through the CGST Amendment Act, 2025 (effective 1 April 2026).
Key amendments incorporated: (a) Input Service Distributor (ISD) provisions — mandatory ISD registration and distribution mechanism for entities receiving common input services across multiple GSTINs; (b) Biometric authentication — Aadhaar-based biometric verification for GST registration applications in specified categories; (c) Section 34 credit note amendments — revised timelines and conditions for issuance of credit notes and corresponding ITC adjustments.
Utility: Essential desk reference replacing all earlier editions. The bare-law format provides the statutory text without commentary — useful for (a) quick section lookup during advisory/audit work; (b) citation in SCN replies, appeals, and adjudication submissions; (c) cross-referencing with ICAI's Practical Guide to GSTAT (subsection B below).
Download: Available at idtc.icai.org/publications.php under the Bare Law section. Replace the previous edition in the internal GST reference library. The ISD registration transition deadline (30 June 2026) makes the ISD provisions particularly time-sensitive — refer to the updated bare law for the exact statutory text of the new ISD mechanism.
B "Practical Guide to GST Adjudication and Appeals including GSTAT" · IDTC · 13 May 2026 ▾
Publication: Released by ICAI IDTC on 13 May 2026. Comprehensive practical guide updated to 31 March 2026, covering the full lifecycle of GST disputes from investigation through to Supreme Court appeals.
Coverage: (a) GST investigations and summons — rights of the assessee, documentation requirements, statement procedures; (b) Show cause notices (SCN) — analysis framework, reply drafting, limitation aspects; (c) Adjudication proceedings — personal hearing procedures, order analysis, grounds for appeal; (d) Appeals before Appellate Authority (s.107 CGST Act); (e) GSTAT online filing procedures — step-by-step guide for filing appeals on efiling.gstat.gov.in; (f) High Court and Supreme Court writ/appeal procedures.
GSTAT-specific content: The guide is particularly timely given that GSTAT is now operational. Covers: pre-deposit calculation under s.112 CGST Act (10% of disputed tax for taxpayer appeals; full tax for revenue appeals); online filing workflow; authorisation and documentation requirements; hearing procedures; and precedent-setting early GSTAT decisions.
Drafting guidance: Includes templates and suggested frameworks for: SCN reply structure; appeal memorandum format; grounds-of-appeal drafting; application for condonation of delay; and stay/interim-relief applications.
Download: Available at idtc.icai.org/publications.php. Critical resource for all CAs handling GST litigation. Read alongside the GSTAT portal relaxation order (see GST Section B above) — the guide's online-filing procedures should be cross-referenced with the relaxed documentation requirements available through 31 December 2026.
Action Items

Forward-looking deadlines and ongoing action items. Dates that fell within 17–23 May 2026 are NOT listed here — review client-by-client offline.

Due Date Domain Action Required
31 MayDirect TaxQ4 FY 2025-26 TDS returns — Forms 24Q (salary), 26Q (non-salary domestic), 27Q (non-residents), 27EQ (TCS). Last quarter under ITA 1961 section numbering. Late filing penalty: Rs.200/day under s.234E, capped at quarter's TDS amount.
15 JunDirect TaxForm 16 (Form 130 under ITA 2025) and Form 16A (Form 131) issuance deadline. Q4 TDS return must be accepted on TRACES first — file Q4 return early to avoid processing delays.
30 JunGSTISD registration transition deadline (CGST Amendment Act 2025). Entities with common input services across multiple GSTINs must complete ISD registration — file GST REG-01.
15 JulMCACCFS-2026 scheme closes — file pending MGT-7/AOC-4/ADT-1 under amnesty at 10% additional fees with prosecution immunity. Run portfolio-wide pendency scan.
31 JulDirect TaxITR filing deadline AY 2026-27 for non-audit cases (FY 2025-26 income). ITR-1 and ITR-4 offline utilities now available. Begin scheduling salaried and presumptive clients.
31 DecGSTGSTAT portal relaxation window expires (Office Order F.No. GSTAT/Pr.Bench/Portal/125/25-26). Online appeal filing with relaxed documentation requirements available until this date.
OngoingDirect TaxUpdate payroll/TDS software for ITA 2025 section codes. Form 121 UIN system for Form 15G/15H equivalent declarations — must be in place before TY 2026-27 deductions begin.
OngoingRBI/FEMAUpdate AML/CFT sanctions screening systems with UNSC 1267/1989 list update of 22 May 2026. Run updated screening against customer databases. Report matches to FIU-IND.
TBDGSTWatch for 57th GST Council Meeting date announcement. Key decisions pending: electricity/gas under GST, Compensation Cess fate, amnesty scheme, ITC refund on input services.
S. Triyambaka Patro, CA
YouWe Quest LLP
Compiled 23 May 2026 · W21-2026 covering 17 May – 23 May 2026. For informational purposes only — does not constitute legal or tax advice.