This document is the 434th issue of Tax Connect, focusing on GST and related tax matters. It features a detailed discussion on a significant court ruling concerning interest on GST refunds, explaining the conditions and rates applicable. The issue also includes updates on income tax notifications, including changes to ITR forms and safe harbour rules, as well as GST and FEMA regulations. This publication is particularly useful for tax professionals, consultants, and businesses seeking to stay informed about the latest legal and regulatory changes in India.