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Blog, News, Company Law

February 23, 2026

SEBI extends date of implementation of Risk Management Framework (RMF) for Mutual Funds to April 01, 2022

Circular no. SEBI/HO/IMD/DF2/CIR/P/2021/683 Dated, 10-12-2021 … Continue reading “SEBI extends date of implementation of Risk Management Framework (RMF) for Mutual Funds to April 01, 2022”

Blog, News, FEMA & Banking

February 24, 2026

RBI proposes to return to the normal dispensation under the ‘Marginal Standing Facility’ w.e.f Jan1, 2022.

Circular no. RBI/2021-22/138 DOR.RET.REC.73/12.01.001/2021-22 Dated: … Continue reading “RBI proposes to return to the normal dispensation under the ‘Marginal Standing Facility’ w.e.f Jan1, 2022.”

Blog, News, Income Tax

February 25, 2026

CBDT notifies conditions to claim exemption on transfer of non-deliverable forward contracts u/s 10(4E)

Notification No. 136/2021, dated 10-12-2021 … Continue reading “CBDT notifies conditions to claim exemption on transfer of non-deliverable forward contracts u/s 10(4E)”

News, Blog, Income Tax

February 12, 2026

FA 2021 amendment disallowing employee’s contribution to ESI/PF has no retro-effect: ITAT

Case Details: Flying Fabrication v. … Continue reading “FA 2021 amendment disallowing employee’s contribution to ESI/PF has no retro-effect: ITAT”

Blog, News, GST & Customs

February 12, 2026

ITC of GST paid on procurement of air conditioning cooling system and ventilation system is not allowed: AAR

Case Details: Authority for Advance … Continue reading “ITC of GST paid on procurement of air conditioning cooling system and ventilation system is not allowed: AAR”

Blog, News, Company Law

February 23, 2026

SEBI directs Portfolio Management Services to undertake 10% of total transactions in corporate bonds

Circular No. SEBI/HO/IMD/IMD-I/DOF1/P/CIR/2021/678, Dated, 9-12-2021 … Continue reading “SEBI directs Portfolio Management Services to undertake 10% of total transactions in corporate bonds”

News, Blog, Insolvency and Bankruptcy Code

February 24, 2026

Financial condition analysis before CIRP order: allowed?

[2021] 133 taxmann.com 62 (Article) … Continue reading “Financial condition analysis before CIRP order: allowed?”

Blog, News, Income Tax

February 12, 2026

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

Case Details: ACIT v. Sambandam … Continue reading “AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT”

Blog, News, Income Tax

February 24, 2026

Fresh assessments of set aside cases – Rewarding the offender at the cost of the victims!

Dindayal Dhandaria – [2021] 133 … Continue reading “Fresh assessments of set aside cases – Rewarding the offender at the cost of the victims!”

Blog, News, GST & Customs

February 17, 2026

ITC not allowed on goods/services procured for distribution of sales promotion rewards for achieving sales target: AAR

Case Details: Authority for Advance … Continue reading “ITC not allowed on goods/services procured for distribution of sales promotion rewards for achieving sales target: AAR”