Is the Officer Who Issued Your Tax Notice Legally Authorised? How to Verify Authority & Jurisdiction

Is the Officer Who Issued Your Tax Notice Legally Authorised? How to Verify Authority & Jurisdiction

Receiving a GST or Income Tax notice usually triggers an immediate question:

“What does the Department want, and how should I reply?”

But there is a question that should come even before that:

E‑Way Bill Update 2026: Mandatory ‘Ship‑to GSTIN’ & New Voluntary Closure Facility Explained

 The GSTN Advisory dated 20 May 2026 introduces two significant functional enhancements in the E‑Way Bill (EWB) system aimed at improving data accuracy and strengthening supply chain transparency. While these changes may appear procedural, they carry important implications for compliance, ERP systems, and audit readiness.

Mandatory Capture of ‘Ship‑to GSTIN’ in Bill-to/Ship-to Transactions

NPA classification of Agriculture credit

Query:- if there is machinery loan under Agri Sector so the IRAC norms will be 90 days or agri terms short term or long term crop kindly help

Answer:-An agricultural term loan for machinery (such as a tractor or other implements) is classified as a Non-Performing Asset (NPA) based on crop seasons, rather than the standard 90-day rule

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Based on the provided sources, here is the detailed breakdown of how these norms apply:

1. Categorization as Farm Credit

Loans for the purchase of agricultural implements and machinery are specifically categorized under Farm Credit (Medium and long-term loans)

. According to regulatory directions, the special NPA norms for agriculture apply specifically to "Farm Credit" extended to agricultural activities

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2. NPA Classification Triggers

Because these term loans are linked to the agriculturist's ability to pay from harvest proceeds, their classification depends on the duration of the crops grown by the borrower:

Short Duration Crops: The loan is treated as an NPA if the installment of principal or interest remains overdue for two crop seasons

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Long Duration Crops: The loan is treated as an NPA if the installment of principal or interest remains overdue for one crop season

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3. Applicability to Term Loans

The sources explicitly state that these crop-season-based NPA norms are applicable to agricultural term loans availed of by agriculturists, depending on the duration of the crops they raise

. This is a recognized departure from standard commercial loans to ensure that repayment schedules are realistically aligned with harvesting and marketing cycles

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4. Exceptions

Non-Farm Credit: If a loan is given to a farmer but does not qualify as agricultural finance (for example, a personal housing loan), the standard 90-day delinquency norm applies

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Natural Calamities: If a crop yield is affected by a declared natural calamity, the term loan can be restructured or rescheduled

. In such cases, the asset classification will thereafter be governed by the revised terms of the restructuring

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CBDT waives interest on demand raised due to disallowance of Sec. 87A rebate on income taxable at special rate

The Central Board of Direct Taxes (CBDT) has issued a circular to waive off the demand raised upon the taxpayers due to the disallowance of section 87A rebate on the income that is chargeable to tax at a special rate.

Revision of TDS Return before 31st March 2026

New Income Tax Act 2025 will be applicable from 0st April 2026

 The Income Tax Act 1961 stands repealed w.e.f 01.04.2026 by virtue of section 536 of Income Tax Act 2025. 

Correction Statement of TDS Returns

Further, as per section 397(3)(f) of Income Tax Act, 2025, deductor/collector may deliver a correction statement in such form and verified in such manner as may be prescribed, to the prescribed authority within two years from the end of the tax year in which such statement is required to be delivered under the said clauses or under section 200 of the Income-tax Act, 1961.