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SARFAESI Enforcement and Unregistered Tripartite Agreements: Section 26D, Central Registry Compliance, and Homebuyer Rights

Summary The tripartite home-loan arrangement was designed to serve an economy in which homes are bought before they are built. It functions well ...
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Supreme Court Clarifies Succession Rights of Hindu Widows Under Delhi Land Reforms Act: Personal Law Assessed at Death, Not at Commencement

Upon her demise in 1973, succession must be governed by Section 51 (2) (a) (i) of the Delhi Land Reforms Act, 1954, which directs the holding to devolve upon the nearest surviving heir of the last ...
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Bombay High Court: Unutilised FSI Cannot Restrict Deemed Conveyance Where Promoter Agreed to Assign Entire Leasehold Plot

Summary The Bombay High Court's ruling in New Sonal Industries Premises Ltd. Vs District Deputy Registrar (2) establishes a clear legal position under ...
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Depreciation on Intangibles Acquired Through Demerger: ITAT Kolkata Upholds Tata Consumer Products' Claims for AY 2020-21

Summary The ITAT Kolkata, in the case of Tata Consumer Products Limited v. ACIT for AY 2020-21, delivered a ruling covering three distinct tax issues ...
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Karnataka HC Rules That Post-Transaction Supplier Registration Cancellation Alone Cannot Justify ITC Fraud Allegations or Custodial Interrogation

Summary The Karnataka High Court's decision in Venkatasubbaiah C & Anr. v. Superintendent of Central Tax & Anr. draws a principled and practically ...
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SEBI Portfolio Managers Regulations 2026: Complete Regulatory Framework Effective April 2027

The regulations are titled the Securities and Exchange Board of India (Portfolio Managers) Regulations, 2026 and shall become operative with effect from 1 April 2027. All entities seeking to conduct ...
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Comprehensive Analysis of ITAT Bangalore Ruling on Turnover Filters, Multi-Year Data, and RPT Thresholds in Transfer Pricing

Summary The ITAT Bangalore's decision in Barracuda Networks India Private Limited Vs DCIT serves as a definitive guide on several contentious transfer ...
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Validity of Belated Returns for Charitable Exemptions: ITAT Kolkata Grants Relief to Trust in Section 11 Dispute

Summary The ITAT Kolkata's judgment in the case of Development Education & Welfare Trust Vs ITO stands as a critical safeguard for charitable ...
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IGST Refund on Export of Goods: Understanding Rule 96 of CGST Rules, 2017 and Key Court Rulings

Summary Rule 96 of the CGST Rules, 2017 establishes an automated mechanism for the refund of IGST paid on goods exports, anchored on the legal fiction that ...
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GST Registration Application FAQs 2026: Online Process, FORM GST REG-01 Amendments & Principal Place of Business Documentation

Summary The Government of India's release of GST Registration FAQs on 9 October 2026 signals a structured effort to simplify and standardise the ...
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ICSI Urges MCA to Extend Annual E-Form Filing Deadlines to 31 December 2026 With No Additional Fee Levy

Summary The Institute of Company Secretaries of India (ICSI) has, through its representation dated 9 October 2026, formally requested the Ministry of ...
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ITAT Kolkata Strikes Down ₹1.15 Crore Section 68 Addition: Director Absence Insufficient Where Documentary Evidence Establishes Share Subscription

Summary The ruling in Deepsikha Distributors Pvt. Ltd. Vs ITO (ITAT Kolkata) crystallises an important evidentiary principle under Section 68 of the Income ...