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1. Introduction: Committee Performance Review—A Regulatory Imperative Without a Named EvaluatorThe scope of board evaluation in India has evolved from a mere compliance requirement to a litmus test fo...

Case OverviewM/s. Sen Hon Lee Technologies Private Limited, located in Gautam Buddha Nagar, Greater Noida, Uttar Pradesh, was penalised by the Registrar of Companies (ROC), Kanpur, for not ensuring th...

Introduction, Legislative Purpose, and Background(i) Genesis and Policy RationaleIn her 2026 Budget Speech, the Finance Minister highlighted that the Black Money (Undisclosed Foreign Income and Assets...

Overview of Union Budget 2026i) Introduction and ContextThe Union Budget 2026, presented by the Honourable Finance Minister for the ninth consecutive year, represents a pivotal shift in India’s fiscal...

Overview and SignificanceThe enactment of Section 194T by the Finance (No. 2) Act, 2024, effective from the financial year 2025-26, has introduced a transformative change in the way partnership firms...

1. Introduction: Shifting Tax Regimes for Share BuybacksThe legislative landscape for the taxation of share buybacks has undergone substantial revisions in recent years. The Finance Act of 2026 marks...

Overview of Budget 2026 ProposalsThe Union Budget 2026 introduces a spectrum of measures combining tax concessions and simplified compliance procedures, alongside targeted steps to address cost-of-liv...

1. Introduction: Transforming Gold Investments in IndiaSince their inception in 2015, Sovereign Gold Bonds (SGBs) have stood out as the preferred option for Indian assessees seeking gold exposure. SGB...

The Union Budget 2026-27 demonstrates a transformative policy thrust toward making India a leading digital economy, focusing on data centres, cloud technology, artificial intelligence, and robust digi...

1. OverviewThe Union Budget 2026, presented by Finance Minister Ms. Nirmala Sitharaman on February 1, 2026 at Kartavya Bhawan, introduces pivotal changes to India’s tax treatment of share buy-backs. T...

Introduction: Redefining India’s Export StrategyIndia’s Union Budget for 2026-27 marks a transformative phase in national export policy, moving away from broad-based export incentives towards foundati...

1. Revision of Motor Car Perquisite Valuationi) Rule ReferencePrevious: Rule 3(2), 1962 RulesRevised: Rule 15(3), Draft Rules, 2026ii) Background and Key ChangesCompany-owned vehicles are a staple in...

1. Introduction: The Changing Landscape of Buyback TaxationShare buybacks have transitioned from being a specialized financial maneuver to a mainstream corporate strategy, enabling companies to optimi...

1. IntroductionThe Union Budget 2026 arrives at a crucial juncture, as global value chains shift amidst uncertain geopolitical conditions. The Finance Bill 2026 introduces comprehensive reforms to Ind...

1. IntroductionUnion Budget 2026 has introduced a suite of transfer pricing (TP) changes focused on improving certainty, streamlining compliance, and curbing protracted disputes. These proposals, whil...

Introduction: Strategic Focus of the Union Budget 2026–27The Union Budget 2026–27 has placed significant emphasis on infrastructure development and energy security, identifying them as fundamental pil...

OverviewSection 263 of the Income-tax Act, 2025 (“the Act”) articulates the rules for filing income tax returns. This section delineates the types of assessees obligated to submit returns, the prescri...

1. IntroductionInternational taxation in India has historically been a domain marked by frequent disputes and unpredictability, particularly for assessees and multinational groups. The previous decade...

IntroductionThe Union Budget 2026, presented by Finance Minister Nirmala Sitharaman on 1st February 2026, places significant emphasis on achieving tax certainty while promoting economic expansion. The...

Introduction: The Journey of Buyback TaxationIndia's approach to taxing share buybacks has seen considerable evolution over the past decade, reflecting changing objectives around tax fairness, revenue...