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Income Tax
Finance Bill, 2026: Key Direct Tax Amendments on Assessments and Appeals
The Finance Bill, 2026 introduces important refinements to the direct tax regime with a clear focus on easing compliance and reducing avoidable disputes. These changes are designed to offer taxpayers greater clarity, flexibility, and...
Income Tax
Why India Needs Joint Taxation in Budget 2026 ?
In India, marriage changes almost everything social status, financial responsibilities, lifestyle choices.
Except one thing.
Income tax.
Even after marriage, the tax system continues to treat spouses as two completely unrelated individuals. Two returns. Two slabs. Two...
Income Tax
When Evidence Speaks Louder Than Technicalities: A Clear Message on Section 68 and Rule 46A
Tax litigation often turns not on facts, but on procedure.This recent ITAT ruling cuts through that noise and delivers a simple, powerful message: genuine evidence cannot be rejected merely on technical grounds.
The Background
The case...
Income Tax
No Tax Exemption for Tiger Global on Flipkart Stake Sale
The Supreme Court’s decision in the Tiger Global–Flipkart case is not just another capital gains dispute. It is a watershed moment in India’s international tax jurisprudence, fundamentally altering how tax treaties, tax residency certificates,...
Company Law and IBC
How Binny Bansal lost DTAA protection despite moving abroad ?
The Income Tax Appellate Tribunal (Bengaluru Bench) rejected Binny Bansal’s claim of non-resident status for AY 2020–21, denying him benefits under the India–Singapore DTAA.
Despite relocating to Singapore, the Tribunal held that he continued to...
Top News
How does ₹6 crore of foreign funds trigger ED action?
The Enforcement Directorate conducted searches on premises linked to an NGO run by climate activist Harjeet Singh and his wife.
The probe relates to foreign inward remittances exceeding ₹6 crore, allegedly received in the guise...
Income Tax
HUL’s ₹1,560 Crore Income Tax Demand
The income tax demand has been raised on Hindustan Unilever Limited, one of India’s most stable and closely tracked FMCG giants.
When a company of this scale receives a four-figure crore tax demand, the...
Company Law and IBC
Can a 29-year-old trademark be cancelled for “non-use” despite active commercial invoices?
This question was squarely examined by the High Court of Delhi while deciding a rectification petition under the Trade Marks Act, 1999.
Facts relating to the Issue
The Petitioner, a China-based technology company, sought rectification of...
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