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Aksh Yogendra Jain

Latest Posts by Aksh Yogendra Jain

Jaypee Resolution Raises Concerns as ₹57,000 Crore Claims Settled at Fraction Without Scrutiny

April 17, 2026 81 Views 0 comment Print

The resolution plan was approved despite a higher competing offer, as creditors prioritized upfront payment and execution certainty. The ruling highlights the dominance of commercial wisdom under the IBC framework.

Shilpa Shetty Kundra’s ₹12.54 Crore Gift from Husband Lands Before ITAT & What Every Taxpayer Must Know

April 13, 2026 1002 Views 0 comment Print

A large spousal gift exemption was denied due to failure in proving genuineness, creditworthiness, and source of funds. The ruling highlights that documentation is crucial even for exempt transactions under tax law.

Excise Duty Cut on Petrol and Diesel: A Bold Governance Move Amid War

March 27, 2026 3333 Views 0 comment Print

India reduced excise duty on petrol and diesel to offset rising global crude prices due to geopolitical tensions. The move aimed to protect consumers and control inflation by limiting fuel price increases.

Structure Is No Longer a Shield: Lessons from Tiger Global vs. AAR (SC)

March 25, 2026 474 Views 0 comment Print

For nearly three decades, the India-Mauritius DTAA of 1983 was the golden corridor for foreign capital flowing into India. At its peak, Mauritius accounted for over 30 per cent of cumulative foreign direct investment into India, a number that tells lesser about Mauritius’s economic might and screams more about the architecture of global capital structuring. […]

Legislative Evolution of Section 15(3)(b) of CGST Act, 2017 & Interpretive Uncertainties That Remain

March 25, 2026 738 Views 1 comment Print

The amendment to Section 15(3)(b) removes rigid conditions for post-supply discounts. It simplifies compliance but leaves key interpretational gaps unresolved.

Lump-Sum Alimony Not Taxable While Monthly Maintenance Is Taxable

March 15, 2026 5811 Views 0 comment Print

Courts have held that lump-sum alimony received under a divorce settlement is a capital receipt outside the scope of taxable income. However, periodic maintenance payments remain taxable in the recipient’s hands.

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