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News, Blog, GST & Customs

February 24, 2026

CBIC issued instruction regarding testing of Coumarin in imported Cinnamon

Instruction No. 28/2021- Customs Dated … Continue reading “CBIC issued instruction regarding testing of Coumarin in imported Cinnamon”

Blog, News, Insolvency and Bankruptcy Code

February 24, 2026

NCLAT upholds dismissal of CIRP plea as it was time-barred and there was a pre-existing dispute between parties

Case Details: Crown Tobacco Company … Continue reading “NCLAT upholds dismissal of CIRP plea as it was time-barred and there was a pre-existing dispute between parties”

Blog, News, FEMA & Banking

February 17, 2026

Central Bank permits banks to infuse capital in overseas branches without its prior approval

Circular no. RBI/2021-22/136, Dated, 8-12-2021 … Continue reading “Central Bank permits banks to infuse capital in overseas branches without its prior approval”

Blog, News, Company Law

February 23, 2026

MCA allows Cos. to conduct EGMs via video conference/other audiovisual means up to June 30, 2022

General Circular no. 20/2021, Dated, … Continue reading “MCA allows Cos. to conduct EGMs via video conference/other audiovisual means up to June 30, 2022”

Blog, News, FEMA & Banking

February 17, 2026

RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits

Circular no. DOR.CAP.REC. No.72/21.06.201/2021-22, Dated: … Continue reading “RBI permits interbank rate or alternative reference rate for External Commercial Borrowings & Trade Credits”

Blog, News, Account & Audit

February 24, 2026

Narrow Scope Amendment to IFRS 17 – Insurance Contracts

The International Accounting Standards Board … Continue reading “Narrow Scope Amendment to IFRS 17 – Insurance Contracts”

Blog, News, Income Tax

February 24, 2026

Govt. notifies provisions of protocol amending India-Kyrgyz Republic DTAA

Notification No. 135/2021, dated 08-12-2021 … Continue reading “Govt. notifies provisions of protocol amending India-Kyrgyz Republic DTAA”

News, Blog, Income Tax

February 13, 2026

Liability to pay ‘sales incentive’ crystalizes on achieving sales target; provision deductible under Sec. 37(1): HC

Case Details: CIT v. Maharashtra … Continue reading “Liability to pay ‘sales incentive’ crystalizes on achieving sales target; provision deductible under Sec. 37(1): HC”

Blog, News, GST & Customs

February 12, 2026

Circular dated 11.11.2021 on pre-notice consultation – 2 steps ahead and 1 behind?

Raghavan Ramabadran & Krithika Jaganathan … Continue reading “Circular dated 11.11.2021 on pre-notice consultation – 2 steps ahead and 1 behind?”

Blog, News, GST & Customs

February 16, 2026

Gujarat HC set aside confiscation order as SCN and order were not served on owner of goods

Case Details: Tanay Creation v. … Continue reading “Gujarat HC set aside confiscation order as SCN and order were not served on owner of goods”