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Other Laws, Blog, News

February 24, 2026

Penalty for Booking/Sale of units under Real Estate Regulation Development Act, 2016 in Gujarat

[2021] 132 taxmann.com 54 (Article) … Continue reading “Penalty for Booking/Sale of units under Real Estate Regulation Development Act, 2016 in Gujarat”

News, Blog, Income Tax

February 12, 2026

AO couldn’t reject books of account merely on the grounds of decline in gross profit over past year: ITAT

Case Details: Sanjay Agarwal v. … Continue reading “AO couldn’t reject books of account merely on the grounds of decline in gross profit over past year: ITAT”

Blog, News, Income Tax

November 9, 2021

Interest paid by Builder on failure to construct flat is compensatory in nature out of preview of sec. 194A: HC

Case Details: Sainath Rajkumar Sarode … Continue reading “Interest paid by Builder on failure to construct flat is compensatory in nature out of preview of sec. 194A: HC”

Blog, News, International Tax

February 25, 2026

Global Tax Framework: Joint Statement issued by US and certain European countries and way forward

Sanjiv Kumar Chaudhary – [2021] … Continue reading “Global Tax Framework: Joint Statement issued by US and certain European countries and way forward”

Blog, News, Company Law

February 25, 2026

Debenture trustees are not allowed to act as trustees for digital gold: SEBI

PRESS RELEASE NO. 32/2021, Dated … Continue reading “Debenture trustees are not allowed to act as trustees for digital gold: SEBI”

News, Blog, Insolvency and Bankruptcy Code

February 16, 2026

NCLT has power to appoint a new IRP when CoC failed to make an appointment due to clash between creditors: NCLAT

Case Details: Anil Kumar v. … Continue reading “NCLT has power to appoint a new IRP when CoC failed to make an appointment due to clash between creditors: NCLAT”

Blog, News, GST & Customs

February 25, 2026

CBIC requested trade & industry bodies to provide data for determination of RoDTEP rates for SEZ/EOUs/ AA, etc.

F. No. 605/19/2021-DBK/876-947 Dated October … Continue reading “CBIC requested trade & industry bodies to provide data for determination of RoDTEP rates for SEZ/EOUs/ AA, etc.”

Blog, News, GST & Customs

February 12, 2026

CBIC issued guidelines for disallowing debit of electronic credit ledger

CBEC-20/16/05/2021-GST/1552 Dated November 2nd, 2021 … Continue reading “CBIC issued guidelines for disallowing debit of electronic credit ledger”

Blog, News, Transfer Pricing

February 25, 2026

CBDT notifies tolerance limit under transfer pricing for Assessment Year 2021-22

Notification No. 124/2021, dated 29-10-2021 … Continue reading “CBDT notifies tolerance limit under transfer pricing for Assessment Year 2021-22”

Blog, News, GST & Customs

February 16, 2026

Ahmedabad Janmarg Ltd. which is a SPV of Municipal Corporation to run buses can’t be treated as Local Authority under GST : AAR

Case Details: Authority for Advance … Continue reading “Ahmedabad Janmarg Ltd. which is a SPV of Municipal Corporation to run buses can’t be treated as Local Authority under GST : AAR”