• March 24, 2026

Case Details: Shiny C.J. vs. Shalini Sreenivasan [2026] 184 taxmann.com 338 (SC) Judiciary and Counsel Details K. Vinod Chandran & Sanjay Kumar, JJ. Manu Krishnan G, Mohammed Sadique T.A., Sarath S Janardanan, Aors, Huzefa Ahmadi, Nikhil Goel, Sr. Advs., Krishna Dev Jagarlamudi, Mrs Anu K Joy, Alim Anvar, Santhosh K, Mrs Devika A.L., & Mrs Vishnupriya P Govind, Advs. for the Petitioner. Robin Vs, D. […]

• March 23, 2026

Case Details: Chamber of Tax Consultants vs. Commissioner of Income-tax (Exemptions) [2026] 184 taxmann.com 374 (Bombay) Judiciary and Counsel Details B. P. Colabawalla & Firdosh P. Pooniwalla, JJ. Percy Pardiwalla, Sr. Adv., Dharan Gandhi & Ms Aanchal Vyas, Advs. for the Petitioner. Arjun Gupta for the Respondent. Facts of the Case The petitioners were public charitable trusts registered […]

• March 22, 2026

Notification no. 22/2026, dated 20-03-2026 The Central Board of Direct Taxes (CBDT) has notified the Income-tax Rules, 2026 vide Notification No. G.S.R. 198(E) dated 20 March 2026, under Section 533 of the Income-tax Act, 2025. The Rules will come into effect from 1 April 2026 and provide the procedural and operational framework for implementation of […]

• March 21, 2026

Editorial Team – [2026] 184 Taxmann.com 373 (Article) Global Financial Insights is a weekly feature for the Accounts and Audit Module subscribers of Taxmann.com. It provides you with the latest updates on financial reporting and auditing practices from across the globe. Here is this week’s financial update: 1. FRC Issues Interim Guidance for Safeguarding Auditors […]

• March 20, 2026

Circular No. DOR.ACC.REC.No.443/21.04.018/2025-26, Dated: 16.03.2026 The Reserve Bank of India (RBI) has amended the financial statement presentation and disclosure directions across various categories of banks to introduce specific disclosure requirements relating to Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance premium payments. The amendment aligns disclosures with the Implementation of the Risk-Based Premium (RBP) framework. […]

• March 19, 2026

Press Note No. 2; Dated: 15.03.2026 1. Background and Context The Government has reviewed Para 3.1.1 of the Consolidated FDI Policy of 2020, dated 15.10.2020. This provision governs foreign direct investments originating from countries that share a land border with India. 2. Key Amendments to the FDI Policy 2.1 Prior Government Approval for Change in […]

• March 18, 2026

GSTN Advisory, dated 14-03-2026 The Goods and Services Tax Network (GSTN) has issued an advisory clarifying the treatment of payments made during investigation through Form GST DRC-03 when filing an appeal before the First Appellate Authority. The clarification addresses practical issues faced by taxpayers where such payments are not automatically reflected against demand orders on […]

• March 17, 2026

1. Introduction The Corporate Laws & Corporate Governance Committee of the Institute of Chartered Accountants of India (ICAI) has issued the Handbook on Key Compliances and Exemptions for Private Limited Companies under the Companies Act, 2013,to provide a consolidated, practical reference on the regulatory framework applicable to private companies. The handbook brings together the various […]

• March 16, 2026

CA Paras K Savla – [2026] 184 taxmann.com 214 (Article) 1. Abstract The Delhi Income Tax Appellate Tribunal, in a landmark ruling dated January 30, 2026, denied India-Singapore DTAA treaty benefits to Hareon Solar Singapore Pvt. Ltd.—a wholly-owned subsidiary of a Chinese parent—on capital gains of Rs. 17.67 crore arising from the sale of equity […]