• January 25, 2026

Case Details: Balagan Beedi Company (P.) Ltd. vs. State Tax Officer - [2026] 182 taxmann.com 428 (Madras)  Judiciary and Counsel Details Krishnan Ramasamy, J. Sudalai Muthu N. for the Petitioner. R. Suresh Kumar, AGP for the Respondent. Facts of the Case The petitioner received a show cause notice and submitted a response. Afterwards, multiple notices were issued […]

• January 24, 2026

Case Details: P.M. Cold Storage (P.) Ltd. vs. Goouksheer Farm Fresh (P.) Ltd. [2025] 180 taxmann.com 849 (NCLT - Kolkata) Judiciary and Counsel Details Labh Singh, Judicial Member  Ms. Rekha Kantilal Shah, Technical Member Kuldip Mallick, Ms. Pallavi Ray, S. Dutta, Advs. Niraj Kumar, CS for the Appearing Parties. Facts of the Case In the […]

• January 23, 2026

Circular no. RBI/2025-26/195 DOR.STR.REC.393/04.02.001/2025-26 dated: 19.01.2026 1. Introduction: RBI Issues Export Credit Subsidy Circular for 2026 The Reserve Bank of India (RBI) has issued a circular dated 19 January 2026 to operationalise the Government of India’s pilot Export Promotion Mission (Niryat Prothsahan). The circular provides for interest subsidy on pre-shipment and post-shipment export credit to […]

• January 22, 2026

[2025] 171 taxmann.com 681 (Article) Introduction The enactment of the New Labour Codes marks a significant shift in India’s employment and compensation framework, with far-reaching implications for employee benefit accounting. One of the most consequential changes relates to the redefinition of “wages” and its direct impact on gratuity and other defined benefit obligations accounted for […]

• January 21, 2026

Case Details: Paras Chandreshbhai Koticha vs. Income-tax Officer - [2026] 182 taxmann.com 204 (Gujarat) Judiciary and Counsel Details A.S. Supehia & Pranav Trivedi, JJ. Tushar Hemani, Sr. Adv., S.N. Divatia, B.S. Soparkar, Dhinal Shah, Vijay Patel, Ms. Vaibhavi Parikh, Manish J. Shah, Jimmy Patel & B.S. Soparkar, Advs. for the Petitioner. Varun K. Patel, Dev […]

• January 20, 2026

Case Details: Ratnank Mishra vs. High Court of Judicature at Allahabad [2025] 181 taxmann.com 751 (SC) Judiciary and Counsel Details J.K. Maheshwari & Vijay Bishnoi, JJ. Paramjit Singh Patwalia, Sr. Adv., Anil Kumar, Gunjesh Ranjan, Ms. Deveshi Chand, Advs., Nischal Kumar Neeraj & Shantanu Sagar, AORs for the Appellant. Ms. Preetika Dwivedi, AOR, Abhisek Mohanty, […]

• January 19, 2026

Case Details: Vinod Narayan Kachave vs. Presiding Officer (ICC) - [2025] 181 taxmann.com 527 (HC - Bombay) Judiciary and Counsel Details Sandeep V. Marne, J. Ms. Sana Raees Khan, Juhi Kadu & Ms. Sanskriti Yagnik for the Petitioner. Facts of the Case In the instant case, the petitioner, an employee of respondent-employer, was proceeded against on […]

• January 18, 2026

PR No. 2025-2026/1926; Dated: 14.01.2026 1. Introduction Reserve Bank of India (RBI) has recognised the Foreign Exchange Dealers’ Association of India (FEDAI) as a Self-Regulatory Organisation (SRO) for all authorised dealers under its Omnibus framework for SROs. 2. Recognition Under Omnibus SRO Framework The recognition brings FEDAI within RBI’s broader Omnibus framework for SROs, aimed […]

• January 17, 2026

PR No. 2025-2026/1911; dated: 13.01.2026 1. Introduction Reserve Bank of India (RBI) has released draft amendment directions clarifying the computation of Owned Fund and Tier 1 Capital for Non-Banking Financial Companies (NBFCs) and Asset Reconstruction Companies (ARCs). 2. Objective Of The Draft Directions The draft aims to bring greater clarity and uniformity in regulatory capital […]