This document, the 264th issue of Tax Connect, covers tax and GST updates from 24th to 30th May 2020. It includes information on Income Tax, GST case laws and notifications, FEMA regulations, and Customs updates. The publication also features a commentary on the Union Budget 2020 and a section-wise commentary on GST. It is a valuable resource for tax professionals, businesses, and anyone needing to stay informed about recent tax legislation and rulings.