News

Blog, News, GST & Customs

February 24, 2026

Government issued guidelines for PLI Scheme for Specialty Steel

File No. S-21018/1/2020-Trade-Tax-Part(1) Dated October … Continue reading “Government issued guidelines for PLI Scheme for Specialty Steel”

Blog, News, Transfer Pricing

February 12, 2026

No TP adjustment if amount received in advance was far outweighed amount received late from AE: HC

Case Details: PCIT v. Mckinsey … Continue reading “No TP adjustment if amount received in advance was far outweighed amount received late from AE: HC”

News, Blog, Transfer Pricing

February 25, 2026

Practical experience on TP Assessment

Gaurav Jain & Drashti Sanghavi … Continue reading “Practical experience on TP Assessment”

Blog, News, GST & Customs

February 17, 2026

Product ‘Laban’ having main ingredients curd, water and spices is classifiable as Lassi under HSN 0403 90 and exempt from GST

Case details: Authority for Advance … Continue reading “Product ‘Laban’ having main ingredients curd, water and spices is classifiable as Lassi under HSN 0403 90 and exempt from GST”

Blog, News, GST & Customs

February 16, 2026

No anti-dumping duty on import of “Phenol” from European Union, Singapore and Korea

Notification No.61/2021-Customs (ADD) Dated October … Continue reading “No anti-dumping duty on import of “Phenol” from European Union, Singapore and Korea”

Blog, News, Account & Audit

February 12, 2026

Extracts from Published Financial Statements: Change in useful Lives of Property, Plant and Equipment

Under Ind AS 16 Property, … Continue reading “Extracts from Published Financial Statements: Change in useful Lives of Property, Plant and Equipment”

Blog, News, Income Tax

February 24, 2026

CIT can’t deny sec. 12AA registration on grounds not related to object & genuineness of trust’s activities: ITAT

Case details: Har Nihal Charitable … Continue reading “CIT can’t deny sec. 12AA registration on grounds not related to object & genuineness of trust’s activities: ITAT”

Blog, News, Income Tax

February 25, 2026

Govt. notifies Sovereign Gold Bond Scheme 2021-22

G.S.R. 750 (E), dated 21-10-2021 … Continue reading “Govt. notifies Sovereign Gold Bond Scheme 2021-22”

News, Blog, Competition Law

February 24, 2026

European Authorities to widen Amazon antitrust probe after Reuters story: Labour Union

1. Amazon under the radar … Continue reading “European Authorities to widen Amazon antitrust probe after Reuters story: Labour Union”

Blog, News, FEMA & Banking

October 23, 2021

FPIs are allowed to invest in debt instruments issued by REITs and InvITs on repatriation basis: RBI

Notification No. FEMA.396(1)/2021-RB, Dated: 13.10.2021 … Continue reading “FPIs are allowed to invest in debt instruments issued by REITs and InvITs on repatriation basis: RBI”