• April 7, 2026

Case Details: Bhawana Steel Traders vs. Joint Director, DGGI - [2026] 185 taxmann.com 22 (Bombay) Judiciary and Counsel Details Anil L. Pansare & Nivedita P. Mehta, JJ. A. J. Bhoot, Adv. for the Petitioner. Mrs K. Vaidya, Adv. for the Respondent. Facts of the Case The petitioner assailed a consolidated SCN issued by the Joint Director, […]

• April 6, 2026

Circular No. A.P. (DIR Series) Circular No. 03, Dated 01.04.2026 The Reserve Bank of India (RBI) has issued directions imposing restrictions on foreign exchange (FX) derivative transactions by Authorised Dealers (ADs), with immediate effect, to strengthen risk management and curb speculative activities. 1. Restriction on INR Non-Deliverable Derivatives Authorised Dealers are prohibited from offering INR […]

• April 5, 2026

Case Details: Lt. Col. Pooja Pal vs. Union of India [2026] 184 taxmann.com 584 (SC) Judiciary and Counsel Details Surya Kant, CJI | Ujjal Bhuyan & Nongmeikapam Kotiswar Singh, JJ. Ms V Mohana, Ms Rekha Palli, Abhinav Mukerji, Dr. Menaka Guruswamy, Sr. Advs., Santosh Krishnan, Rakesh Kumar, Ms Amrita Panda, Ms Tanya Shree, Aors, Ashwin Joseph, Sudhanshu Shekhar Pandey, Gaichangpou Gangmei, Anish Venkatesh Bindlish, Roshan Kumar, Maitreya Mahaley, Ms […]

• April 4, 2026

Case Details: Vikram Bhuwalka vs. Assistant Commissioner of State Tax [2026] 184 taxmann.com 626 (Calcutta) Judiciary and Counsel Details Om Narayan Rai, J. Vinay Kumar Shraff, Dev Kumar Agarwal, Ms Ritika Prasad & Prithwijit Sharma for the Petitioner. Tanoy Chakraborty & Saptak Sanyal for the Respondent. Facts of the Case The petitioner challenged the adjudication order denying input tax credit […]

• April 3, 2026

Case Details: Tuesonpower International (P.) Ltd. vs. Union of India [2026] 184 taxmann.com 631 (Bombay) Judiciary and Counsel Details G. S. Kulkarni & Aarti Sathe, JJ. Abhishek A. Rastogi, Pooja Rastogi, Advs., Meenal Songire & Aarya for the Petitioner. Ram Ochani & Sangeeta Yadav for the Respondent. Facts of the Case The petitioner was subjected to summons proceedings in connection […]

• April 2, 2026

Circular No. DOR.CRE.REC.453, Dated: 30.03.2026 The Reserve Bank of India (RBI), pursuant to the Credit Facilities Amendment Directions, 2026, has introduced amendments to the Prudential Norms on Capital Adequacy applicable to commercial banks and small finance banks. 1. Regulatory Context and Objective The amendment is part of RBI’s ongoing efforts to strengthen risk management practices […]

• April 1, 2026

World Labour Law News provides a weekly snapshot of labour law developments from around the globe. Here’s a glimpse of the key labour law update this week. 1. Labour Law 1.1 US Dept. of Labour Proposes to Take Away Employers’ Right to Pay Substandard Wages to Foreign Workers in Certain Visa Programs Under current law, […]

• March 31, 2026

Case Details: Deputy Commissioner of Income-tax vs. Balar Marketing (P.) Ltd. - [2026] 184 taxmann.com 480 (Delhi-Trib.) Judiciary and Counsel Details Anubhav Sharma, Judicial Member & Manish Aggarwal, Accountant Member Rajiv Khandelwal, CA, Jaind Kumar Jaiswal & Gagan R. Khandelwal, Advs. for the Appellant. Jitender Singh, CIT-DR for the Respondent. Facts of the Case The assessee was a private […]

• March 30, 2026

Case Details: Flipkart India (P.) Ltd., In re - [2026] 184 taxmann.com 53 (AAR-TAMILNADU) Judiciary and Counsel Details C. Thiyagarajan & B. Suseel Kumar, Member Facts of the Case The applicant proposed to transport goods by road for customers placing orders through electronic commerce operator (ECO) portals. Under the proposed model, sellers hand over goods […]