The paper shows that loan fraud persists due to enforcement failures, not lack of legal provisions. It highlights delays in detection, weak forensic systems, and fragmented supervision as key issues.
The structure allows companies to keep project debt off their balance sheets while limiting liability. However, lenders rely only on project assets and cash flows, increasing their exposure if the subsidiary fails.
GSTAT serves as the second appellate authority with defined procedures and timelines. Compliance with filing and pre-deposit rules is essential.
The amendment shifts place of supply to the recipient’s location. This impacts export eligibility and RCM applicability based on time of supply.
The document updates tax planning concepts to reflect changes introduced by the Finance Act, 2026 and Income Tax Act, 2025. It clarifies revised statutory references and computational methods. The key takeaway is that tax planning must align with updated legal provisions to remain compliant and accurate.
The issue concerns when capital gains become taxable under the law. The framework clarifies that gains are taxed in the year of transfer, with exceptions for specific cases like compensation and conversions. The key takeaway is that timing of transfer is central to determining tax liability.
The Court held that blocking ITC without giving the taxpayer an opportunity to respond violates natural justice. It ruled that Rule 86A powers must follow due process and cannot be exercised arbitrarily.
Explains the full legal procedure for issuing bonus shares under Section 63 of the Companies Act, 2013. It highlights key approvals, timelines, and filings required to ensure compliance.
Section 247 now permits registered valuers to assist in search and seizure valuations. The key takeaway is expanded opportunities for professionals and improved accuracy in tax assessments.
Explains new income-tax cash limits on expenses, receipts, and loans. Highlights that exceeding thresholds can lead to disallowance and penalties equal to the cash amount.
