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
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 ...
Prosecution Provisions – Income Tax Act, 1961 and Income Tax Act, 2025
By Rahul Hakani, Advocate: Prosecution Provisions – Income Tax Act, 1961 and Income Tax Act, 2025 Read More ...
Proposed amendments relating to Reassessment
By Shashi Bekal, Advocate: The Finance Bill, 2026, has proposed amendments to both the Income-tax Act, 1961 (Old Act) and the Income-tax Act, 2025 (New Act). This article will deal with the amendments pertaining to the law on reassessment. Read More ...
The Petpooja POS Controversy: Technology, Tax Compliance, and the Road Ahead
By CA Milind Wadhwani: as per article attached Read More ...
ITC Reversal Under Rule 42 and 43: Why the GSTR-2B Auto-Reversal Formula Penalises Compliant Taxpayers for Vendor Defaults
By Adv. Aaditya Bhatt and Adv. Chandni Joshi: The Input Service Distributor (ISD) mechanism under India's Goods and Services Tax framework was conceived as a practical solution for large businesses that procure common services centrally but consume them across multiple locations. The idea was straightforward — a head office receives a vendor invoice, pays the GST, and then passes on the corresponding Input… Read More ...
An Analysis of Direct Tax Proposals and GST 2026-2027
By Shreyam Shah, B.Com. F.C.A.,DISA, Partner - B S Shah and Co.: Like the Union Budget itself, our attempt to analyze its proposals under the Direct Tax Laws and GST has also been a yearly phenomenon since last many years. We attempt to make our Analytical Note on Budget Highlights, a unique and comprehensive piece of work, in the sense that, with respect to each important amendment… Read More ...
India’s Union Budget 2026-27
By Adv. Aaditya Bhatt and Adv. Chandni Joshi: Finance Minister Nirmala Sitharaman presented India's Union Budget 2026-27 on February 1, 2026, centering it around three kartavyas (duties): accelerating economic growth, expanding opportunities, and empowering citizens. The budget allocates ₹40,000 crore for semiconductors, ₹10,000 crore for biopharma, and establishes rare earth corridors, positioning India as a global manufacturing powerhouse while maintaining fiscal discipline with… Read More ...
The Direct Tax Code(DTC) 2025: Overall analysis and Key Changes
By Vanshika Godbole: The article discusses the Direct Tax Code(DTC) 2025, which has replaced the old Income Tax Act 1961. The article discusses how the new DTC Act came into existence and all the key changes that it has brought. The article highlights the advantages of bringing this new act and how it will ease out the complications… Read More ...