These articles are uploaded by our esteemed readers. If you would like to publish an article on any legal topic, please use this form to upload it
Algorithmic Mechanism for GSTR
By Advocate Bharat Berry: The said article or blog is intended to ease the understanding of taxpayers that when they file the returns under Goods and Service Tax, how the said algorithm or tagging their return is judged and the neccessary components that are requisite while computation and tagging of the said return by the software, so the taxpayer… Read More ...
ITR GLITCHES-AY 2026-27
By CA Anilkumar Shah: This is the story of the glitches in the ITR and other forms for AY 2026-27 which were brought to the notice of the e-filing team and are resolved after pursuing and followup. This shows how time is consumed by the Dept. But tax payers and tax professionals suffer and are slapped with late fees… Read More ...
Variable Capital Company – United Arab Emirates (UAE) Corporate Tax
By Sujeet S. Karkala, Advocate (Dr. Sarhan Almuaini Law Firm & Legal Consultants): I. Introduction The UAE's introduction of a corporate tax regime, effective from 1 June 2023, was a calculated structural reform aimed at changing the country's policy and positioning itself as a global hub. By introducing various investment structures, including the recent introduction of Variable Capital Company (VCC) by the Dubai International Financial Center (DIFC), and… Read More ...
Preserving the Legacy of Tax Jurisprudence: Law of Repeal & Savings – in Focus Income-Tax Act, 2025
By Aseem Chawla, Senior Advocate: 1. Introduction The Legislature has introduced the Income-Tax Act, 2025 (“2025 Act”), which has the effect of repealing the Income-Tax Act, 1961 (“1961 Act”). The transition from the 1961 Act to the 2025 Act is regulated by Section 536 of the 2025 Act, which is encapsulated under the "Repeal and Savings" Chapter and is a… Read More ...
Landmark Supreme Court Judgments Relevant to day-to-day Tax Practice under the Income-tax Act, 2025 and Income-tax Act, 1961
By Neelam Jadhav, Advocate: Introduction: - As per section 536(2) (j) of the Income-tax Act, 2025, circulars, notifications, instructions, approvals, etc., issued under the 1961 Act will remain valid as long as they do not conflict with the provisions of the 2025 Act. Accordingly, the case laws under the Income-tax Act, 1961, pertaining to the interpretation of provisions will… Read More ...
ILLEGAL INCOME, MORALITY, EQUITY, AND INCOME TAX
By ANADI VARMA: The article explores the ethical dilemma and the morality pricks the young tax practitioners face while pursuing the practice of tax law. Read More ...
Penalty Provisions, immunity provisions along with Decriminalization of certain Prosecution Provisions of the Income- Tax Act, 2025
By Dr. K. Shivaram, Senior Advocate: Bombay Chartered Accountants Society, in association with 14 other professional organisations, has arranged a “Direct Tax Home Refresher Course-7 (DTHRC)” from 25th April 2026 to 9th May, 2026. Over 1700 professionals enrolled in the lecture series, where Dr. K. Shivaram, Senior Advocate, gave a lecture on the conceptual issues of “Penalty Provisions, immunity provisions along… Read More ...
Direct Taxes – Amendments to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Act, 2015 (Black Money Act) Disclosure Scheme for Small Taxpayers & Relaxed Prosecution
By Aditya Ajgaonkar & Saloni Chordia, Advocates : Amendments to the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Act, 2015 (Black Money Act) Disclosure Scheme for Small Taxpayers & Relaxed Prosecution Read More ...
Direct Taxes – Penalty on misreporting/underreporting transactions of Crypto Asset
By Rupal Shrimal, Advocate: “Innovation is the ability to see change as an opportunity, not a threat.” – Steve Jobs, Founder of Apple. Read More ...
Direct Taxes – Repeal & Saving clauses
By Paras S. Savla & Rajnandini Shukla, Advocates : Clause 107 of Finance Bill 2026 – Amendment to Section 536 of the Income-tax Act, 2025: Repeal of the 1961 Act - Effect of Deduction / Exempt Income and MAT Credit Read More ...