• April 22, 2026

1. Query Gamma Private Limited (hereinafter referred to as “the company”) is engaged in the business of operating and managing an airport under a long-term concession arrangement. In the course of its operations, the company enters into agreements with third-party concessionaires for providing specific services at the airport, including the operation and maintenance of certain […]

• April 15, 2026

Circular No. A.P. (DIR Series) Circular No. 06, Dated 10.04.2026 The Reserve Bank of India (RBI) has issued amendments to the Master Direction on Non-resident Investment in Debt Instruments, 2025, updating the regulatory framework governing such investments. 1. Objective of the Amendment The amendment aims to: Consolidate existing instructions relating to investments by Non-Resident Indians […]

• April 14, 2026

CO.DPSS.ID.NO.S20/06-08-017/2026-2027; Dated: 09.04.2026 The Reserve Bank of India (RBI) has issued guidelines to streamline and expedite cross-border inward payments, aimed at improving efficiency and customer experience. 1. Immediate Intimation to Customers Banks are required to: Inform customers immediately upon receipt of cross-border inward payment messages Ensure timely communication to enhance transparency and customer awareness 2. […]

• April 13, 2026

Case Details: DCM Shri Ram Industries Ltd. vs. Deputy Commissioner of Income-tax [2026] 184 taxmann.com 679 (Delhi-Trib.) Judiciary and Counsel Details Challa Nagendra Prasad, Judicial Member & S. Rifaur Rahman, Accountant Member Pradeep Dinodia, Ravi Kumar & Ms Shruti Gupta, CAs for the Appellant. Ms Anima Barnwal, CIT DR for the Respondent. Facts of the Case The assessee company […]

• April 12, 2026

Case Details: Srideva Sattva (P.) Ltd. vs. State of Haryana [2026] 184 taxmann.com 595 (SC) Judiciary and Counsel Details Aravind Kumar & Prasanna B. Varale, JJ. Amit Deshpande, Suresh V., Ms Urvashi Tyagi, Advs. & Ms Preeti Gupta, AOR for the Petitioner. Alok Sangwan, Sr. AAG, Samar Vijay Singh & Harsh Mehta, Advs. for the Respondent. Facts of the Case […]

• April 11, 2026

Case Details: Ahamed Usman vs. Deputy Commissioner - [2026] 185 taxmann.com 31 (Kerala) Judiciary and Counsel Details Devan Ramachandran & Basant Balaji, JJ. P. Raghunathan, Premjit Nagendran & Rishal K., Advs. for the Petitioner. Rajesh K. Raju, Adv. & Smt. Thushara James, Sr. GP for the Respondent. Facts of the Case The assessee filed a writ petition challenging […]

• April 10, 2026

Abhishek Bhavsar – [2026] 185 taxmann.com 36 (Article) I. Background and Regulatory Intent The enactment of the Income-tax Act, 2025 (Act No. 30 of 2025), coupled with the notified Income-tax Rules, 2026, has ushered in a comprehensive overhaul of India’s transfer pricing (TP) compliance architecture. Among the most significant procedural changes is the introduction of Form […]

• April 9, 2026

PR No. 2026-2027/27; Dated: 06.04.2026 The Reserve Bank of India (RBI) has issued the draft ‘RBI (Branch Authorisation) Amendment Directions, 2026’, proposing an updated framework governing the engagement and functioning of Business Correspondents (BCs) and related operational aspects. 1. Scope of the Draft Directions The draft directions cover a wide range of areas, including: Eligibility […]

• April 8, 2026

Case Details: Tamil Nadu Industrial Co-operative Bank Ltd vs. Joint Commissioner of Labour/Appellate Authority - [2026] 184 taxmann.com 655 (HC-Madras) Judiciary and Counsel Details S. M. Subramaniam & K. Surender, JJ. Haja Nasirudeen, Addl. Adv. General & P. Hari Babu for the Appellant. R. Kumaravel, Addl.Govt.Pleader & P. Chandrasekar for the Respondent. Facts of the Case […]