• April 3, 2026

Case Details: Tuesonpower International (P.) Ltd. vs. Union of India [2026] 184 taxmann.com 631 (Bombay) Judiciary and Counsel Details G. S. Kulkarni & Aarti Sathe, JJ. Abhishek A. Rastogi, Pooja Rastogi, Advs., Meenal Songire & Aarya for the Petitioner. Ram Ochani & Sangeeta Yadav for the Respondent. Facts of the Case The petitioner was subjected to summons proceedings in connection […]

• April 2, 2026

Circular No. DOR.CRE.REC.453, Dated: 30.03.2026 The Reserve Bank of India (RBI), pursuant to the Credit Facilities Amendment Directions, 2026, has introduced amendments to the Prudential Norms on Capital Adequacy applicable to commercial banks and small finance banks. 1. Regulatory Context and Objective The amendment is part of RBI’s ongoing efforts to strengthen risk management practices […]

• April 1, 2026

World Labour Law News provides a weekly snapshot of labour law developments from around the globe. Here’s a glimpse of the key labour law update this week. 1. Labour Law 1.1 US Dept. of Labour Proposes to Take Away Employers’ Right to Pay Substandard Wages to Foreign Workers in Certain Visa Programs Under current law, […]

• March 31, 2026

Case Details: Deputy Commissioner of Income-tax vs. Balar Marketing (P.) Ltd. - [2026] 184 taxmann.com 480 (Delhi-Trib.) Judiciary and Counsel Details Anubhav Sharma, Judicial Member & Manish Aggarwal, Accountant Member Rajiv Khandelwal, CA, Jaind Kumar Jaiswal & Gagan R. Khandelwal, Advs. for the Appellant. Jitender Singh, CIT-DR for the Respondent. Facts of the Case The assessee was a private […]

• March 30, 2026

Case Details: Flipkart India (P.) Ltd., In re - [2026] 184 taxmann.com 53 (AAR-TAMILNADU) Judiciary and Counsel Details C. Thiyagarajan & B. Suseel Kumar, Member Facts of the Case The applicant proposed to transport goods by road for customers placing orders through electronic commerce operator (ECO) portals. Under the proposed model, sellers hand over goods […]

• March 29, 2026

Editorial Team – [2026] 184 taxmann.com 565 (Article) World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week: 1. Australia Proposes the Exclusion of Tobacco and Gambling Activities from the R&D Tax Incentive The Treasury Laws Amendment (Delivering an […]

• March 28, 2026

Case Details: Deputy Commissioner of Income-tax (BPU) vs. Sara Company [2026] 184 taxmann.com 406 (SAFEMA-New Delhi) Judiciary and Counsel Details Munishwar Nath Bhandari, Chairman & G. C. Mishra, Member Manmeet S. Arora, S.P.P, Camran Iqbal & Ms Khushi Gupta, Advs. for the Applicant. Ashwani Taneja, Ms Gunjan Chauhan, Siddhant Taneja, Advs. & Ashish Tandon, CA for the Respondent. Facts of […]

• March 27, 2026

Circular No 01/2026, dated 23-03-2026 The Central Board of Direct Taxes (CBDT) has issued a clarification regarding the authority empowered to condone delay in filing Form No. 10A for registration under Section 12A(1)(ac)(i) of the Income-tax Act. 1. Background of the Provision Section 12A(1)(ac)(i) requires trusts or institutions seeking registration to file Form No. 10A […]

• March 26, 2026

Circular No. HO/38/11/(1)2026-MIRSD-POD/I/7656/2026, Dated: 23.03.2026 The Securities and Exchange Board of India (SEBI) has introduced ease-of-doing-business measures by relaxing certain reporting requirements applicable to stockbrokers. The changes are aimed at reducing compliance burden while ensuring effective regulatory oversight. 1. Simplified Reporting for Banks and Primary Dealers Under the revised framework: Stockbrokers that are banks or […]