Day: February 17, 2026
103 articlesIncome Tax

Income Tax
Additions Based on Third-Party Ledger Deleted – Identity Not Proved & No Independent Enquiry – Revenue Appeal Dismissed; Reopening Upheld – ITAT Ahmedabad
Corporate Law

Corporate Law
LLP Strike Off Process – Complete Legal Procedure under LLP Act, 2008
Goods and Services Tax

Goods and Services Tax
Amendment to bill of entry post initiation of proceeding u/s. 28 not permissible: Kerala HC
Income Tax

Income Tax
Broader Scope of Virtual Digital Assets in India’s New Income Tax Act 2025
Income Tax

Income Tax
Reopening Quashed; Labour Income Already Disclosed & 26AS TDS Reflected; Revenue Appeals Dismissed: ITAT Ahmedabad
Goods and Services Tax

Goods and Services Tax
Govt Notifies DGGI ADG as IGST Nodal Officer; Afcom Named Indian Carrier under GST
Income Tax

Income Tax
Sec 263 Quashed; AO Probed Renuka Mata Society Credits; No Revision on Suspicion: ITAT Ahmedabad
Company Law

Company Law
Penalty Imposed for Delay in Appointing Independent Directors
CA, CS, CMA

CA, CS, CMA
Analysis of Notifications and Circulars for Week Ending 15th February 2026
Income Tax

Income Tax
Bogus Purchase Addition Restricted to 25% Upheld – Entire Disallowance u/s 69C Rejected – Revenue Appeal Dismissed – ITAT Amritsar
Company Law

Company Law
ROC Imposes Penalty as Disqualified Directors Signed Financial Statements
Income Tax

Income Tax
Salary in NRE A/c Not Taxable; Foreign Employment Income Received Outside India: ITAT Ahmedabad
Corporate Law

Corporate Law
IBBI Cancels Valuer Registration After Loss of RVO Membership
Goods and Services Tax

Goods and Services Tax
