Daily Intelligence Capsule — 11 August 2026
Latest EditionLatest Edition — Tuesday, 11 August 2026Case Law
Delhi High Court: Appellate “Lis” Under Section 107(6) Commences on the Show Cause Notice Date, Not the Adjudication Order
Case Law
Delhi HC holds the Finance Act 2025's 10% GST penalty pre-deposit under Section 107(6) doesn't apply where the Show Cause Notice pre-dates the 1 Oct 2025 amendment — appellate rights are fixed on the SCN date, not the order date.
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Karnataka High Court: Consolidated GST Show Cause Notices Spanning Multiple Financial Years Are Permissible
Karnataka HC holds Sections 73/74 CGST Act notices are not financial-year specific, upholding consolidated multi-year SCNs and deepening a live split with Bombay, Kerala, Madras, AP and Himachal Pradesh High Courts.
Read: Karnataka High Court: Consolidated GST Show Cause Notices Spanning Multiple Financial Years Are PermissibleCompanies Act
Corporate Laws (Amendment) Bill, 2026: “Small Company” Thresholds Proposed to Rise to ₹20 Crore Capital / ₹200 Crore Turnover
Clause 18 of the Corporate Laws (Amendment) Bill, 2026 (pending before a Joint Parliamentary Committee) proposes raising Companies Act ‘small company' thresholds under Section 2(85) from ₹10cr/₹100cr to ₹20cr/₹200cr.
Read: Corporate Laws (Amendment) Bill, 2026: “Small Company” Thresholds Proposed to Rise to ₹20 Crore Capital / ₹200 Crore Turnover