Blog

Blog, News, Income Tax

February 12, 2026

Burden of proof on assessee to establish that non-filing of ITR was not willful; HC upholds prosecution

Case Details: Raman Krishna Kumar … Continue reading “Burden of proof on assessee to establish that non-filing of ITR was not willful; HC upholds prosecution”

Blog, News, Competition Law

February 24, 2026

Siemen’s policy to share passwords of MRI and CT Scan machines after payments of fees isn’t anti-competitive: CCI

Case Details: Star Imaging and … Continue reading “Siemen’s policy to share passwords of MRI and CT Scan machines after payments of fees isn’t anti-competitive: CCI”

Blog, News, Insolvency and Bankruptcy Code

February 24, 2026

NCLT admitted CIRP plea against corporate debtor for failing to make payment under terms of a settlement agreement

Case Details: Satish Sadashiv Rane … Continue reading “NCLT admitted CIRP plea against corporate debtor for failing to make payment under terms of a settlement agreement”

Blog, News, Account & Audit

February 24, 2026

Issuing a true and fair view on Financial Statements of Company lies with Auditor – Implications due to amendments to Companies Act, 2013

[2021] 131 taxmann.com 300 (Article) … Continue reading “Issuing a true and fair view on Financial Statements of Company lies with Auditor – Implications due to amendments to Companies Act, 2013”

Blog, News, GST & Customs

February 24, 2026

Manpower services of clerical staff or typists to social welfare Department are taxable at 18% under GST: AAR

Case Details: Authority for Advance … Continue reading “Manpower services of clerical staff or typists to social welfare Department are taxable at 18% under GST: AAR”

Blog, News, GST & Customs

May 20, 2022

Export Authorisation required if SCOMET items physically exported from SEZ/EOU

Public Notice No. 32/2015-2020 Dated … Continue reading “Export Authorisation required if SCOMET items physically exported from SEZ/EOU”

News, Blog, Income Tax

February 23, 2026

No concealment penalty if an amount is excluded from head PGBP and taxed as unexplained income: ITAT

Case Details: Deepak Wadhwa v. … Continue reading “No concealment penalty if an amount is excluded from head PGBP and taxed as unexplained income: ITAT”

Blog, News, Income Tax

February 25, 2026

Legitimate Tax Planning Legal, Not Illegal?

Prabhakar K S – [2021] … Continue reading “Legitimate Tax Planning Legal, Not Illegal?”

News, Blog, Insolvency and Bankruptcy Code

February 12, 2026

Promoters in charge of affairs of a defaulting Co. couldn’t escape from their liability arising due to wilful default

Case Details: Gouri Prasad Goenka … Continue reading “Promoters in charge of affairs of a defaulting Co. couldn’t escape from their liability arising due to wilful default”

Blog, News, GST & Customs

February 17, 2026

GST leviable on incentives given by Govt. to banks under Sahay Yojana scheme being not subsidy: AAR

Case Details: Authority for Advance … Continue reading “GST leviable on incentives given by Govt. to banks under Sahay Yojana scheme being not subsidy: AAR”