• March 29, 2026

Editorial Team – [2026] 184 taxmann.com 565 (Article) World Tax News provides a weekly snippet of tax news from around the globe. Here is a glimpse of the tax happening in the world this week: 1. Australia Proposes the Exclusion of Tobacco and Gambling Activities from the R&D Tax Incentive The Treasury Laws Amendment (Delivering an […]

• March 28, 2026

Case Details: Deputy Commissioner of Income-tax (BPU) vs. Sara Company [2026] 184 taxmann.com 406 (SAFEMA-New Delhi) Judiciary and Counsel Details Munishwar Nath Bhandari, Chairman & G. C. Mishra, Member Manmeet S. Arora, S.P.P, Camran Iqbal & Ms Khushi Gupta, Advs. for the Applicant. Ashwani Taneja, Ms Gunjan Chauhan, Siddhant Taneja, Advs. & Ashish Tandon, CA for the Respondent. Facts of […]

• March 27, 2026

Circular No 01/2026, dated 23-03-2026 The Central Board of Direct Taxes (CBDT) has issued a clarification regarding the authority empowered to condone delay in filing Form No. 10A for registration under Section 12A(1)(ac)(i) of the Income-tax Act. 1. Background of the Provision Section 12A(1)(ac)(i) requires trusts or institutions seeking registration to file Form No. 10A […]

• March 26, 2026

Circular No. HO/38/11/(1)2026-MIRSD-POD/I/7656/2026, Dated: 23.03.2026 The Securities and Exchange Board of India (SEBI) has introduced ease-of-doing-business measures by relaxing certain reporting requirements applicable to stockbrokers. The changes are aimed at reducing compliance burden while ensuring effective regulatory oversight. 1. Simplified Reporting for Banks and Primary Dealers Under the revised framework: Stockbrokers that are banks or […]

• March 25, 2026

Case Details: Deputy Commissioner of Income-tax (International Taxation) vs. Revanth Challagalla - [2026] 184 taxmann.com 335 (Hyderabad-Trib.) Judiciary and Counsel Details Vijay Pal Rao, Vice President & Manjunatha G, Accountant Member Dr Sachin Kumar, Sr. A.R. for the Appellant. V. Naga Prasad and Budda M. Rao Varada, CAs for the Respondent. Facts of the Case The assessee, an […]

• March 24, 2026

Case Details: Shiny C.J. vs. Shalini Sreenivasan [2026] 184 taxmann.com 338 (SC) Judiciary and Counsel Details K. Vinod Chandran & Sanjay Kumar, JJ. Manu Krishnan G, Mohammed Sadique T.A., Sarath S Janardanan, Aors, Huzefa Ahmadi, Nikhil Goel, Sr. Advs., Krishna Dev Jagarlamudi, Mrs Anu K Joy, Alim Anvar, Santhosh K, Mrs Devika A.L., & Mrs Vishnupriya P Govind, Advs. for the Petitioner. Robin Vs, D. […]

• March 23, 2026

Case Details: Chamber of Tax Consultants vs. Commissioner of Income-tax (Exemptions) [2026] 184 taxmann.com 374 (Bombay) Judiciary and Counsel Details B. P. Colabawalla & Firdosh P. Pooniwalla, JJ. Percy Pardiwalla, Sr. Adv., Dharan Gandhi & Ms Aanchal Vyas, Advs. for the Petitioner. Arjun Gupta for the Respondent. Facts of the Case The petitioners were public charitable trusts registered […]

• March 22, 2026

Notification no. 22/2026, dated 20-03-2026 The Central Board of Direct Taxes (CBDT) has notified the Income-tax Rules, 2026 vide Notification No. G.S.R. 198(E) dated 20 March 2026, under Section 533 of the Income-tax Act, 2025. The Rules will come into effect from 1 April 2026 and provide the procedural and operational framework for implementation of […]

• March 21, 2026

Editorial Team – [2026] 184 Taxmann.com 373 (Article) Global Financial Insights is a weekly feature for the Accounts and Audit Module subscribers of Taxmann.com. It provides you with the latest updates on financial reporting and auditing practices from across the globe. Here is this week’s financial update: 1. FRC Issues Interim Guidance for Safeguarding Auditors […]