Tax & Legal Articles
Expert analysis and insights on Indian taxation and corporate law
Income Tax
Income Tax Rules 2026 Notified by CBDT: Complete Guide to Procedural Framework Under Income Tax Act 2025
Summary The Income-tax Rules, 2026, notified by the CBDT vide Notification No. G.S.R. 198(E) dated 20th March, 2026 and operative from 1st April, 2026, provide the granular procedural scaffolding requ...
Featured Stories
GST
GST Recovery Without Adjudication Under Section 75(12): Andhra Pradesh High Court Rules on ITC Disputes
Mar 21, 2026
Corporate Law
PF Withdrawal Rules for International Workers: The Critical Role of Age 58 and SSA vs Non-SSA Framework
Mar 21, 2026
Company Law
Filing of Financial Statements Under Companies Act 2013: Compliance Guide with Practical FAQs
Mar 21, 2026
Customs
CBIC Centralizes Customs Adjudication for KPR Sugar Mills and Quantum Knits via Notification No. 29/2026-Customs (N.T.)
Mar 21, 2026
Latest Updates
DGFT issues detailed clarifications on Interest Subvention Support for export credit under EPM
ITAT Visakhapatnam Strikes Down Reassessment: Section 148 Notice Issued After Limitation Deadline Declared Void
TDS Demand on Inoperative PAN Due to PAN–Aadhaar Non-Linking: Remedies When No CBDT Relief Applies
ITAT Mumbai Quashes Reassessment: Bogus Purchases Not an "Asset" Under Section 149(1)(b) — Notice Under Section 148 Held Invalid
Capital Payment for Land Purchase Cannot Be Disallowed Under Section 40A(3) When Not Claimed as Expenditure: ITAT Nagpur
ITAT Mumbai Strikes Down ₹21.99 Lakh Section 69B Addition: Third-Party Statement Without Cross-Examination Violates Natural Justice
Income Tax
Mar 21
Income Tax Rules 2026 Notified by CBDT: Complete Guide to Procedural Framework Under Income Tax Act 2025
Summary The Income-tax Rules, 2026, notified by the CBDT vide Notification No. G.S.R. 198(E) dated 2...
Income Tax
Mar 21
ITAT Visakhapatnam Strikes Down Reassessment: Section 148 Notice Issued After Limitation Deadline Declared Void
Summary The ITAT Visakhapatnam, in the case of Srinivasa Rao Sirivuri Vs ITO, quashed the reassessme...
Income Tax
Mar 21
TDS Demand on Inoperative PAN Due to PAN–Aadhaar Non-Linking: Remedies When No CBDT Relief Applies
Summary The TDS demand issue arising from PAN–Aadhaar non-linking is governed by a clearly defined c...
Income Tax
Mar 21
ITAT Mumbai Quashes Reassessment: Bogus Purchases Not an "Asset" Under Section 149(1)(b) — Notice Under Section 148 Held Invalid
Summary The ITAT Mumbai's ruling in Shairul Impex Vs ITO decisively settles an important procedural ...
Income Tax
Mar 21
Capital Payment for Land Purchase Cannot Be Disallowed Under Section 40A(3) When Not Claimed as Expenditure: ITAT Nagpur
Summary The ITAT Nagpur, in the case of Ganesh Builders Ltd. Vs DCIT, delivered a significant ruling...
Income Tax
Mar 21
ITAT Mumbai Strikes Down ₹21.99 Lakh Section 69B Addition: Third-Party Statement Without Cross-Examination Violates Natural Justice
Summary The Mumbai ITAT's ruling in Bhagawati M Jain Vs ITO delivers a clear and principled message ...
Corporate Law
Mar 21
PF Withdrawal Rules for International Workers: The Critical Role of Age 58 and SSA vs Non-SSA Framework
Summary The age-58 retirement threshold for PF withdrawal by international workers is not a technica...
Company Law
Mar 21
Filing of Financial Statements Under Companies Act 2013: Compliance Guide with Practical FAQs
Summary The Companies Act, 2013 prescribes a well-structured, sequential compliance pathway for the ...
Income Tax
Mar 21
Section 393 of Income Tax Act 2025: Comprehensive Guide to Consolidated TDS Provisions – Table 1 Explained
Summary `Section 393` of the Income Tax Act, 2025 marks a meaningful step toward legislative clarity...
Corporate Law
Mar 21
Anti-Conversion Laws in India: State-Level Framework, Supreme Court Precedents, and the Case for National Legislation
Summary India's anti-conversion legislative landscape has evolved considerably over the past six dec...
GST
Mar 21
GST Recovery Without Adjudication Under Section 75(12): Andhra Pradesh High Court Rules on ITC Disputes
Summary The Andhra Pradesh High Court's ruling in M/s. Sona Enterprises v. Assistant Commissioner of...
Income Tax
Mar 21
ITAT Bangalore Quashes Arbitrary Agricultural Income Addition and Invalidates CIT(A)'s Summary Dismissal in Erki Krishnamurthy HUF Case
Summary The ITAT Bangalore's ruling in the Erki Krishnamurthy HUF Vs ITO case serves as a vital safe...
Income Tax
Mar 21
ITAT Special Bench Landmark Ruling: 10% Safe Harbour Limit Extends to DVO Valuation Under Section 56(2)(x)
Summary The Special Bench of the ITAT Mumbai in Shreyas Naynesh Modi Vs ITO has resolved a significa...
Income Tax
Mar 21
ITAT Mumbai Verdict: Actual Disputed Quantum Determines Tax Effect Threshold and Appellate Authorities Possess Plenary Powers to Admit Fresh Claims
Summary The ITAT Mumbai's judgment in DCIT Vs M M Plastoware India Private Limited provides a defini...
GST
Mar 21
CA's Failure to Forward GST Notices Cannot Be Grounds for Quashing Ex-Parte Demand Orders: Delhi High Court
Summary The Delhi High Court's ruling in M/s Fone Zone NXT v. Commissioner of DGST & Anr. reaffirms ...
GST
Mar 21
Bombay High Court Mandates Restoration of GST Registration Upon Full Settlement of Statutory Dues
Summary The Bombay High Court's decision in Kishore Nichani v. Union of India & Ors. serves as a cri...
Income Tax
Mar 21
A Comprehensive Blueprint of the Income Tax Act 2025: Transitioning from the 1961 Regime
Summary The transition from the `Income Tax Act 1961` to the `Income Tax Act 2025` represents a stru...
Income Tax
Mar 21
ITAT Raipur Upholds Section 87A Deduction for Assessees With Total Income Below Rs. 7 Lakh Despite Computation Irregularities
Summary The ITAT Raipur, in the consolidated appeals of Titiksha Chhajed Vs ITO (ITAT Raipur), ruled...
SEBI
Mar 21
SEBI Master Circular for Mutual Funds 2026: Consolidated Regulatory Framework Effective April 1, 2026
Summary SEBI's Master Circular dated March 20, 2026, issued under the authority of `Section 11(1)` o...
Income Tax
Mar 21
ITAT Chennai Invalidates Section 263 Revision: AO's Lawful Inquiries on IBNR, 80G Deductions, and Investment Write-offs Upheld
Summary The ITAT Chennai's ruling in Cholamandalam MS General Insurance Company Limited Vs PCIT serv...
Income Tax
Mar 21
ITAT Mumbai Ruling: Section 11 Exemption Cannot Be Denied Solely Due to Delayed Form 10B Filing
Summary The ITAT Mumbai's decision in MIG Cricket Club Vs DCIT serves as a vital reaffirmation of th...
Income Tax
Mar 21
Overturning Section 263 Revision: ITAT Pune Validates Goodwill Depreciation and Warranty Expense Claims in Corporate Assessments
Summary The ITAT Pune's decision in Everllence India Private Limited Vs PCIT represents a significan...
GST
Mar 21
Allahabad High Court Quashes Mechanical GST Appellate Order: Emphasizes the Necessity of Reasoned Decisions and Accurate Lab Reports in Transit Detentions
Summary The judgment in Gas Trade International Vs State Of Up And 2 Others serves as a vital remind...
GST
Mar 21
Navigating GST Complexities in the Real Estate Sector: Assessee Rights, Joint Ventures, and Strategic Compliance Blueprint
Summary The intersection of real estate and indirect taxation has evolved into a highly specialized ...
Income Tax
Mar 21
ITAT Bangalore Quashes Section 69A Addition on Agricultural Income; Mandates Fresh Verification of Yield and Sales Evidence
Summary The ITAT Bangalore's decision in Kanakapura Venkataramanaswamy Madhusudhan Karthik Vs ITO un...
Corporate Law
Mar 21
The Strategic Supremacy of Minimalist Digital Ecosystems: Why Streamlined Gaming Formats Outmaneuver Complex Architectures
Summary The digital entertainment landscape has undergone a massive paradigm shift, moving away from...
GST
Mar 21
Goa GST Appellate Tribunal: Appeal Filing Deadlines Notified for 2026
Summary The Government of Goa has issued Notification No. 38/1/2017-Fin(R&C)/31169 dated 10 March 20...
Income Tax
Mar 21
ITAT Mumbai Quashes Arbitrary 8% Profit Estimation for Tax Audit Default; Directs AO to Accept Assessee's 2.5% Offer
Summary The ruling by the ITAT Mumbai in Sharayu Synthetics Processors Vs DCIT serves as a critical ...
Customs
Mar 21
CBIC Centralizes Customs Adjudication for KPR Sugar Mills and Quantum Knits via Notification No. 29/2026-Customs (N.T.)
Summary Notification No. 29/2026-Customs (N.T.) dated 20th March, 2026 issued by the CBIC marks a si...
Income Tax
Mar 21
CBDT Grants Section 35(1)(ii) Approval to The Ahmedabad University: Comprehensive Guide on Scientific Research Tax Deductions
Summary The recent Notification No. 23/2026-Income Tax issued by the CBDT officially authorizes 'The...
Showing 1-30 of 4846 articles