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Make every day count with Taxmann Daily. https://taxmann.social/Kjt9Z [Read Time: 4 mins]
Stay current on the most significant developments across tax and allied laws—authoritative, succinct, actionable.
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#TaxmannUpdates #IncomeTax #ITAT #LTCG #Section54F #HRAExemption
| 2 | ▸ Reference Apparatus—Section, Rule, Master Direction & Circular References throughout, with a Detailed Subject Index
Look inside the book here: https://taxmann.social/ajtgB
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#TaxmannBooks #TaxmannUpdates #FEMA #FDI #FEMALaw #ForeignExchange #FDIPolicy #RBI #ReadyReckoner #CrossBorder | 83 |
| 3 | Find the Topic—Get the Provision, the RBI's Instructions & the Case Law Right Under It.
A Single-volume, Topic-wise Reckoner of FEMA, the FDI Policy & Allied Laws—with Rules, Master Directions, Circulars and Case Law on the Same Page, Featuring:
▸ Three-Layer Treatment of Every Topic—Statute · Rules, Master Directions & Circulars · Case Law
▸ True Ready-reckoner Format—55 Self-contained Chapters (plus a Chapter 14A) with Granular Decimal Paragraph Numbering
▸ Amended up to 28th June 2026—including the newly notified Foreign Exchange Management (Authorised Persons) Regulations 2026
▸ 'At a Glance' Sector Tables—FDI Limits, Entry Routes & Conditions mapped to the Non-Debt Instruments Rules & the FDI Policy
▸ Heavily Practical Apparatus—Procedures, Reporting Forms & Returns (FC-GPR · FC-TRS · FLA), Formats, Annexures & Worked Examples
▸ Allied Laws in One Volume—PMLA, FCRA, COFEPOSA & the IFSC Regime | 72 |
| 4 | #InsolvencyLaw #CaseLaw
Resolution Removing Shareholder from SCC Valid as Regulation 31A Allows Attendance Without Voting Rights: NCLT
Read the (Kolkata) NCLT Order: https://taxmann.social/zjqIj
Citation: [2026] 187 taxmann.com 1012 (NCLT-Kolkata)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #SCC | 81 |
| 5 | #IncomeTax #CaseLaw
Stay of Income-Tax Demand: Key Issues, Judicial Principles and Practical Remedies
Read the Full Article for FREE! https://taxmann.social/kjqYw [58 Mins | Read Time]
Authored By: Narayan Jain
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #TDS | 73 |
| 6 | #IncomeTax #CaseLaw
Conviction Under Section 277 Upheld as Taxpayer Claimed Refund Based on Forged TDS Certificate and False Loan Claim: HC
Read the (Jharkhand) High Court Order: https://taxmann.social/2jqTR
Citation: [2026] 188 taxmann.com 163 (Jharkhand)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #TDS | 68 |
| 7 | #IncomeTax #CaseLaw
Notice Under Section 148 for AY 2015–16 Post Search Barred as Ten-Year Period Includes Year of Search: HC
Read the (Gujarat) High Court Order: https://taxmann.social/kjqRr
Citation: [2026] 188 taxmann.com 99 (Gujarat)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #HighCourt | 61 |
| 8 | #IncomeTax #CaseLaw
Excess Application of Income in Prior Years Allowable Under Section 11 Despite No Carry-Forward Claim in Returns: ITAT
Read the (Hyderabad) Tribunal Order: https://taxmann.social/zjqEX
Citation: [2026] 187 taxmann.com 876 (Hyderabad-Trib.)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #ITAT | 72 |
| 9 | #IncomeTax #CaseLaw
Non-Compliance in Explaining Source of Foreign Bank Credits Warrants Remand for Fresh Opportunity Before CIT(A): ITAT
Read the (Hyderabad) Tribunal Order: https://taxmann.social/LjqWI
Citation: [2026] 188 taxmann.com 119 (Hyderabad-Trib.)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #CIT | 64 |
| 10 | ‣ 𝐒𝐞𝐜𝐭𝐢𝐨𝐧 𝟏𝟎 (𝟏𝟑𝐀) – The focus is on whether rent is actually incurred for residential accommodation, not merely on who physically pays the landlord
‣ 𝐄𝐦𝐩𝐥𝐨𝐲𝐞𝐫-𝐋𝐚𝐧𝐝𝐥𝐨𝐫𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 – The payment route is only a matter of convenience and does not defeat the employee’s HRA claim
The ruling provides important clarity for salaried taxpayers and employers structuring leased accommodation arrangements, reinforcing that substance should prevail over the mode of rent payment.
Read the Full Article for FREE! https://taxmann.social/xjtsX [17 Mins | Read Time]
Authored by: Meenakshi Subramaniam – Former IRS Officer
#TaxmannUpdates #HRAExemption #HouseRentAllowance #TaxExemption #GujaratHighCourt | 164 |
| 11 | #IncomeTax #Opinion
Can an employee claim HRA exemption when the employer pays rent directly to the landlord?
This article analyses the Gujarat High Court’s ruling in *Kuldeepkumar D. Kaura v. Dy. CIT*, where the Court held that HRA exemption under Section 10(13A) cannot be denied merely because rent is routed through the employer, provided the same amount is recovered from the employee’s salary.
‣ 𝐇𝐑𝐀 𝐄𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧 – The Court clarified that exemption cannot be denied only because rent is paid by the employer directly to the landlord
‣ 𝐑𝐞𝐧𝐭 𝐑𝐞𝐜𝐨𝐯𝐞𝐫𝐲 𝐟𝐫𝐨𝐦 𝐒𝐚𝐥𝐚𝐫𝐲 – Where rent is recovered from the employee’s salary, the employee is treated as having incurred rental expenditure
‣ 𝐍𝐨𝐭 𝐑𝐞𝐧𝐭-𝐅𝐫𝐞𝐞 𝐀𝐜𝐜𝐨𝐦𝐦𝐨𝐝𝐚𝐭𝐢𝐨𝐧 – The arrangement cannot be treated as a rent-free perquisite if the rent burden is ultimately borne by the employee | 146 |
| 12 | ‣ 𝐒𝐮𝐛𝐬𝐭𝐚𝐧𝐜𝐞 𝐎𝐯𝐞𝐫 𝐅𝐨𝐫𝐦 – The analysis highlights the need for consistency in evaluating both contractual terms and actual conduct
‣ 𝐆𝐂𝐂 𝐈𝐦𝐩𝐚𝐜𝐭 – Global capability centres and multinational groups may now need to factor in withholding risk on genuine cost-to-cost secondment flows
The article highlights why the ruling may significantly influence cross-border employment structures, while leaving important questions on employer identity, actual knowledge transfer and gross-basis taxation unresolved.
Read the Full Article for FREE! https://taxmann.social/kjtar [10 Mins | Read Time]
Authored by: Snigdha Gautam – Advocate | Deloitte Touche Tohmatsu India LLP, Retainer
#TaxmannUpdates #DelhiHighCourt #IndiaUSADTAA #CrossBorderTaxation | 124 |
| 13 | #InternationalTax #Opinion
The Delhi High Court’s ruling in CIT v. Ernst & Young U.S. LLP has reopened a crucial debate on the taxability of secondment arrangements under the India-USA DTAA.
This article analyses the Court’s finding that cost-to-cost reimbursements received by EY US for employees seconded to Indian EY entities constitute Fees for Technical Services, more specifically “fees for included services”, under Article 12(4)(b).
‣ 𝐒𝐞𝐜𝐨𝐧𝐝𝐦𝐞𝐧𝐭 𝐓𝐚𝐱𝐚𝐭𝐢𝐨𝐧 – The ruling treats salary reimbursements for seconded employees as taxable FTS/FIS despite tax already being withheld as salary
‣ 𝐌𝐚𝐤𝐞 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐓𝐞𝐬𝐭 – The article questions whether contractual training clauses alone can establish transfer of technical knowledge or know-how
‣ 𝐂𝐞𝐧𝐭𝐫𝐢𝐜𝐚 𝐑𝐞𝐥𝐢𝐚𝐧𝐜𝐞 – The judgment restores Centrica’s relevance in secondment taxation, but raises concerns over its application to different fact patterns | 113 |
| 14 | Your daily GST intelligence from Taxmann. https://taxmann.social/XjtsO [Read Time: 3 mins]
Track the latest rulings, statutory changes, and practitioner-focused analysis—concise and reliable.
Join our community of 100,000+ professionals; access content curated by Taxmann’s Editorial Board from 1,000+ sources – Taxmann's Newsletter | LinkedIn
#TaxmannUpdates #GST #CGSTAct #GlobalIDTInsights #VAT #ITC #CBIC #DGGI | 96 |
| 15 | #WorldCorporateLawNews #CorporateLaw
[New Column] World Corporate Law News is designed to inform you about the most significant global corporate, securities, competition, and banking law developments.
This Week’s Highlights:
‣ 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐋𝐚𝐰
• Monetary Authority of Singapore (MAS) establishes taskforce to strengthen cyber and technology resilience against AI-driven threats
Explore the Full Column Now: https://taxmann.social/Zjto2 [2-Minute Read]
Prepared by Taxmann’s Research & Editorial Team
#TaxmannUpdates #Investors #Stakeholders #MAS #Singapore | 114 |
| 16 | #CompanyLaw #Opinion
Companies (Amendment) Bill, 2026: Missed Opportunity to Fix Drafting Anomalies and Legal Lacunae
Read the Full Article for FREE! https://taxmann.social/vjqlQ [16 Mins | Read Time]
Authored By: Ramaswami Kalidas
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #LegalLacunae | 125 |
| 17 | #IncomeTax #Opinion
Tax Deduction by Indian Employer in Respect of Foreign Component of the Salary for Expatriates
Read the Full Article for FREE! https://taxmann.social/pjqkz [8 Mins | Read Time]
Authored By: Adv. Puneet Agrawal – Partner & Adv. Shruti Garg | ALA LEGAL, Advocates & Solicitors
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #ForeignComponent | 121 |
| 18 | #InsolvencyLaw #CaseLaw
Approval of Resolution Plan Under IBC Binds All Stakeholders; Non-Included Claims Stand Extinguished and Pending Legal Proceedings Abate: SC
Read the Supreme Court Order: https://taxmann.social/Ojqjb
Citation: [2026] 188 taxmann.com 613 (SC)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #IBC | 106 |
| 19 | #GST #CaseLaw
Absent Fraud or Suppression, ITC Mismatch Must Be Proceeded Under Section 73, Not Section 74; Matter Requires Remand: HC
Read the (Madras) High Court Order: https://taxmann.social/JjqhU
Citation: [2026] 188 taxmann.com 437 (Madras)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #ITC | 87 |
| 20 | #GST #CaseLaw
GST Registration Cancellation Order Void as It Relied on Grounds Not Mentioned in SCN: HC
Read The Full (Telangana) High Court Order Here: https://taxmann.social/ijqgd
Citation: [2026] 188 taxmann.com 441 (Telangana)
𝐅𝐨𝐫 𝐃𝐚𝐢𝐥𝐲 𝐔𝐩𝐝𝐚𝐭𝐞𝐬 𝐨𝐧 𝐋𝐚𝐰𝐬 𝐨𝐟 𝐈𝐧𝐝𝐢𝐚, 𝐅𝐨𝐥𝐥𝐨𝐰 '𝐓𝐚𝐱𝐦𝐚𝐧𝐧' 𝐨𝐧 𝐖𝐡𝐚𝐭𝐬𝐀𝐩𝐩: https://taxmann.social/ayDWB
#TaxmannUpdates #SCN | 54 |
