• February 24, 2026

Case Details: Dheeraj Tolaram Talreja vs. Income-tax Officer [2026] 183 taxmann.com 551 (Mumbai-Trib.) Judiciary and Counsel Details Amit Shukla, Judicial Member & Girish Agrawal, Accountant Member Nikhil Tiwari for the Appellant. Krishna Kumar, Sr. DR for the Respondent. Facts of the Case The assessee’s appeal for the relevant assessment year was disposed of by the Tribunal, wherein issues […]

• February 23, 2026

Case Details: Rupesh Kumar Meena vs. Union of India [2026] 183 taxmann.com 177 (SC) Judiciary and Counsel Details Rajesh Bindal & Atul S. Chandurkar, JJ. Facts of the Case In the instant case, the appellant was an IPS Officer of the Tamil Nadu Cadre. He was selected against a vacancy meant for the Scheduled Tribe […]

• February 22, 2026

1. Facts Fit-life Wellness Limited, hereinafter referred to as “the company”, operates a chain of premium fitness centres that provide subscription-based gym and wellness services. To attract new members and encourage them to experience its facilities, the company runs a promotional scheme offering new customers a 2-month free trial membership. During the trial period, customers […]

• February 21, 2026

Case Details: Ruchi Soya Industries Ltd. Contractor’s Workers’ Union vs. Labour Commissioner & Special Secretary to the Government of West Bengal [2026] 183 taxmann.com 251 (HC-Calcutta) Judiciary and Counsel Details Shampa Dutt (Paul), J. Ranjit Kr. Jaiswal, Md. Ali Jinnah & Nandalal Pradhan for the Petitioner. Soumya Majumder, Sr. Adv., Ms Sanjukta Dutta & Kinnor Ghosh for the Respondent. Facts […]

• February 20, 2026

Circular No. HO/38/11/(5)2026-MIRSD-POD/I/5130/2026, Dated: 17.02.2026 The Securities and Exchange Board of India (SEBI) has specified application forms and certificate-of-registration formats for stock brokers and clearing members under the SEBI (Stock Brokers) Regulations, 2026. The circular introduces updated documentation requirements aligned with the new regulatory framework. 1. Replacement of Earlier Prescribed Forms The newly specified forms: […]

• February 19, 2026

Foreign company data centre tax exemption (Finance Bill 2026) refers to a proposed provision under the Finance Bill 2026 that grants a tax exemption to foreign companies earning income in India from data centre services procured from a data centre owned and operated by an Indian company. The exemption applies only if the foreign company […]

• February 18, 2026

Draft Circular; Dated: 13.02.2026 The Securities and Exchange Board of India (SEBI) has proposed additional relaxations in reporting requirements applicable to stock brokers, with a view to simplifying compliance while maintaining regulatory transparency. 1. Tagging of Demat Accounts SEBI has proposed that: All demat accounts maintained by stock brokers must be appropriately tagged for regulatory […]

• February 17, 2026

Case Details: Vivek Verma vs. State of Gujarat - [2026] 182 taxmann.com 884 (Gujarat) Judiciary and Counsel Details A.S. Supehia & Pranav Trivedi, JJ. Ms Vaibhavi K Parikh for the Petitioner. Ms Pooja Ashar, AGP for the Respondent. Facts of the Case The petitioner, a cotton yarn trader, arranged transportation of goods but the vehicle was diverted […]

• February 16, 2026

THE INDUSTRIAL RELATIONS CODE (AMENDMENT) BILL, 2026; Dated: 10.02.2026 The Industrial Relations Code (Amendment) Bill, 2026 has been introduced in the Lok Sabha. The Bill proposes amendments to the Industrial Relations Code, 2020, specifically to clarify the legal basis of repeal of certain earlier labour laws. 1. Proposed Amendment to Section 104(1) The Bill seeks […]