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Blog, News, Income Tax

February 24, 2026

India chairs meeting of BRICS Tax Heads to discuss strategies to deal with challenges of COVID-19

Press Release, dated 15-09-2021 The … Continue reading “India chairs meeting of BRICS Tax Heads to discuss strategies to deal with challenges of COVID-19”

Blog, News, GST & Customs

February 24, 2026

DGFT issues procedure for refund of application fees deposited for Restricted Import Authorisation of Pulses for FY 2021-22

Trade Notice 17/2021-22 Dated September … Continue reading “DGFT issues procedure for refund of application fees deposited for Restricted Import Authorisation of Pulses for FY 2021-22”

News, Blog, GST & Customs

February 17, 2026

ITC of inputs used in manufacturing cakes & pastries which were expired has to be reversed: AAR

Case details: Authority for Advance … Continue reading “ITC of inputs used in manufacturing cakes & pastries which were expired has to be reversed: AAR”

Blog, News, Insolvency and Bankruptcy Code

February 17, 2026

Why do you need Business Valuation?

[2021] 130 taxmann.com 203 (Article) … Continue reading “Why do you need Business Valuation?”

Blog, News, FEMA & Banking

February 24, 2026

CIRP plea filed after 3 years of date of default was to be dismissed as barred by limitation: NCLAT

Case details: Kotak Mahindra Bank … Continue reading “CIRP plea filed after 3 years of date of default was to be dismissed as barred by limitation: NCLAT”

Blog, News, FEMA & Banking

February 12, 2026

Appeal filed by ED u/s 42 before HC through Assistant Director is maintainable rules, PMLA-AT

Case details: Enforcement Directorate, Kolkatta … Continue reading “Appeal filed by ED u/s 42 before HC through Assistant Director is maintainable rules, PMLA-AT”

Blog, News, GST & Customs

February 24, 2026

Rule 89(5) which denies refund of unutilised ITC of input services is not ultra vires; SC set aside decision of Gujarat HC

Case details: Union of India … Continue reading “Rule 89(5) which denies refund of unutilised ITC of input services is not ultra vires; SC set aside decision of Gujarat HC”

Blog, News, GST & Customs

February 24, 2026

Free Import Policy of Tur/Pigeon Peas and Urad extended | Notification S.O. 3707(E) dated September 13th, 2021

The Free Import policy for … Continue reading “Free Import Policy of Tur/Pigeon Peas and Urad extended | Notification S.O. 3707(E) dated September 13th, 2021”

Blog, News, Income Tax

February 16, 2026

CBDT notifies ‘income-tax authority’ to serve notice u/s 142(1)(i) asking assessee to furnish ITR

Notification No. 109/2021, dated 13-09-2021 … Continue reading “CBDT notifies ‘income-tax authority’ to serve notice u/s 142(1)(i) asking assessee to furnish ITR”

News, Blog, Income Tax

February 24, 2026

Sum forfeited by Tax Dept. as purchaser didn’t buy auctioned property can’t be paid to assessee: HC

Case details: Ashwani Kumar v. … Continue reading “Sum forfeited by Tax Dept. as purchaser didn’t buy auctioned property can’t be paid to assessee: HC”