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News, Blog, Income Tax

February 17, 2026

BCCI isn’t engaged in commercial activities as funds generated from IPL are used for promoting cricket: ITAT

Case Details: Board of Control … Continue reading “BCCI isn’t engaged in commercial activities as funds generated from IPL are used for promoting cricket: ITAT”

Blog, News, Income Tax

February 12, 2026

Equity and the provisions of Income Tax Law in India

Neeraj Gupta – [2021] 132 … Continue reading “Equity and the provisions of Income Tax Law in India”

News, Blog, FEMA & Banking

February 24, 2026

RBI introduces ‘RBI Retail Direct’ Scheme to facilitate investment in Government Securities

Circular No. CO.IDMD.GBD(P).No.S1242/ 08.01.001/2021-22 November … Continue reading “RBI introduces ‘RBI Retail Direct’ Scheme to facilitate investment in Government Securities”

Blog, News, Company Law

February 24, 2026

SEBI notifies stricter norms for RPTs

[2021] 132 taxmann.com 113 (Article) … Continue reading “SEBI notifies stricter norms for RPTs”

Blog, News, Insolvency and Bankruptcy Code

February 24, 2026

IBBI disposes off SCN issued to an IP as efforts were made to maximize value and fee was reasonably charged

Case Details: Ms. Charu Sandeep … Continue reading “IBBI disposes off SCN issued to an IP as efforts were made to maximize value and fee was reasonably charged”

Blog, News, GST & Customs

February 17, 2026

Dept. must allow adjustment of unutilised Cenvat credit not transferred to GST regime against service tax demand: CESTAT

Case Details: Uttaranchal Cable Network … Continue reading “Dept. must allow adjustment of unutilised Cenvat credit not transferred to GST regime against service tax demand: CESTAT”

News, Blog, GST & Customs

February 24, 2026

Is justice becoming expensive under GST?

Jigar Doshi & Yash Goenka … Continue reading “Is justice becoming expensive under GST?”

Blog, News, Account & Audit

February 16, 2026

Ind AS 2: Valuation and recognition of sub-grade iron ore fines in the books of accounts as an inventory

Ind AS 2 Inventories, states … Continue reading “Ind AS 2: Valuation and recognition of sub-grade iron ore fines in the books of accounts as an inventory”

Blog, News, Income Tax

February 17, 2026

Disallowance under sec. 40A(2) without a comparable to prove the excessive payment is not justified: ITAT

Case Details: Bright Enterprises (P.) … Continue reading “Disallowance under sec. 40A(2) without a comparable to prove the excessive payment is not justified: ITAT”

Blog, News, International Tax

February 24, 2026

Revenue Rule, does it still hold good ground?

Dakshesh Kapur – [2021] 132 … Continue reading “Revenue Rule, does it still hold good ground?”