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Archive: March, 2026

Posts in March, 2026

Flat Registration Allowed Under IBC for Protection of Homebuyers Rights

March 26, 2026 477 Views 0 comment Print

The Government confirmed that tribunals allowed flat registration where buyers had paid dues and taken possession. The ruling emphasizes protection of homebuyers despite developer insolvency.

From Streets to Screens: Changing Face of Organized Crime in Digital Age

March 26, 2026 4749 Views 0 comment Print

This article explores how the internet has transformed organized crime from local syndicates into global cyber networks. It highlights the shift to digital tools like cryptocurrency and encryption, making crime more scalable and harder to detect.

Parallel Tax Proceedings Create Legal Chaos Between Domestic Courts & Arbitration

March 26, 2026 675 Views 0 comment Print

Simultaneous tax disputes before domestic courts and international tribunals can produce conflicting outcomes. The article proposes binding arbitration and legal coordination to resolve the conflict.

Capital Gains Taxation: When Does the Transfer Actually Take Place?

March 26, 2026 17231 Views 1 comment Print

The case clarifies that capital gains tax arises upon execution of a registered sale deed, even if payment is not received. It highlights that the right to receive consideration is sufficient to trigger tax liability.

ATF Imports Exempted from Additional Customs Duty

March 26, 2026 972 Views 0 comment Print

Notification No. 07/2026-Customs exempts Aviation Turbine Fuel imports from additional customs duty equivalent to Special Additional Excise Duty with immediate effect.

Excise Rules Amended to Exclude Fuel Export Rebates

March 26, 2026 745 Views 0 comment Print

Centre amends Central Excise Rules to exclude petrol, diesel and ATF exports from duty-free or rebate provisions, except exports by PSUs to Nepal, Bhutan, Bangladesh and Sri Lanka.

Central Excise Notification Rescinded to Withdraw Earlier Exemption Framework

March 26, 2026 600 Views 0 comment Print

The issue concerns continuation of an earlier excise notification. The government rescinded it prospectively while protecting past actions, ensuring legal continuity.

Excise Notification Amended for Petrol, Diesel Exports by PSU oil firms to select countries

March 26, 2026 759 Views 0 comment Print

Notification No. 12/2026-Central Excise amends Notification 4/2019 to exclude petrol and diesel cleared for export, except exports by PSU oil firms to select countries.

Govt Prescribes Road Cess Rates on Exported Petrol, Diesel

March 26, 2026 1017 Views 0 comment Print

Notification No. 11/2026-Central Excise sets Road and Infrastructure Cess rates on petrol and diesel cleared for export, with specified exemptions.

CBIC Exempts Excise Duty & AIDC on Petrol, Diesel and ATF for Exports

March 26, 2026 1705 Views 0 comment Print

Notification No. 10/2026-Central Excise exempts basic excise duty and AIDC on petrol and diesel, and basic excise duty on ATF when cleared for export.

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