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Archive: 06 January 2026

Posts in 06 January 2026

Disciplinary Action Cannot Be Based on Judicial Orders Alone: SC

January 6, 2026 450 Views 0 comment Print

The Supreme Court reinstated a judicial officer removed solely for granting bail without citing a statute in four cases. The Court emphasized that judicial errors alone cannot justify disciplinary action and awarded full back wages.

Faceless Assessment in Income Tax Act and its impact on Principles of Natural Justice

January 6, 2026 1935 Views 2 comments Print

Courts have validated the faceless assessment framework while insisting on strict adherence to fairness. The key takeaway is that efficiency cannot override the right to a meaningful hearing.

APA: An Analysis of Widely Adopted Tool for Tax Certainty from UAE Perspective

January 6, 2026 723 Views 0 comment Print

This article explains how the UAE’s APA regime reduces transfer pricing disputes. The key takeaway is enhanced predictability for complex related-party transactions.

Understanding Foundation of GST: Sections 7, 8 and 9 of CGST Act, 2017

January 6, 2026 1668 Views 2 comments Print

This article explains how GST applies by defining supply, bundled transactions, and tax levy. The key takeaway is that understanding these sections prevents misclassification and disputes.

Foreign Exchange Management (Guarantees) Regulations, 2026

January 6, 2026 3213 Views 0 comment Print

The regulations replace the 2000 framework and restrict resident participation in guarantees involving non-residents, subject to defined permissions and exemptions. They also introduce enhanced reporting and compliance requirements.

GST on Domestic & International Tours: Key Rules Every Traveller Must Know

January 6, 2026 4278 Views 0 comment Print

This article breaks down GST rates on hotels, air travel, tour packages, and food. The key takeaway is how composite tour structures affect the final tax cost.

Beyond MSMEs: Can Pre-Pack Insolvency Framework Be Expanded to Mid & Large Corporates?

January 6, 2026 426 Views 0 comment Print

The analysis explains how restricting PPIRP to MSMEs is causing missed opportunities for value preservation. It highlights why larger corporates may benefit more from a regulated pre-pack framework.

“Menstrual Blood” Remains, Institutional Doors Closed

January 6, 2026 1287 Views 0 comment Print

The case examined severe shortcomings in menstrual hygiene facilities in government schools and their impact on girls’ dignity and education. While the issue was held to raise serious rights concerns, the Commission declined intervention, citing its limited jurisdiction over systemic policy failures.

Appeals Dismissed Since PMLA Allows Attachment of Property Held by Non-Accused

January 6, 2026 822 Views 0 comment Print

The case examined whether properties mortgaged with banks could be released from attachment. The Tribunal ruled that repayment of loans using illicit funds justified attachment to preserve assets for confiscation.

Appeals Partly Allowed as Namesake Partners Cleared for Lack of Control

January 6, 2026 300 Views 0 comment Print

The issue was whether statements and digital records from Customs probes could support FEMA action. The Tribunal ruled they are admissible and sufficient to establish illegal foreign exchange payments.

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