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From Safe Harbour to Real-Time Compliance: India’s 2026 Information Technology Rules Shift

April 15, 2026 1095 Views 0 comment Print

The draft amendment makes executive directions binding for intermediaries to retain safe harbour. Non-compliance can expose platforms to legal liability for third-party content.

Decoding the ₹2.86 Lakh Crore Opportunity in Jammu & Kashmir

April 15, 2026 2715 Views 0 comment Print

Jammu & Kashmir is rapidly transforming into a major investment destination with strong economic growth. The region offers diverse opportunities across agriculture, tourism, infrastructure, and startups.

Income-Tax Act, 2025: Structural Changes and TDS Compliance Guide

April 15, 2026 4314 Views 0 comment Print

The new law replaces the 1961 Act without introducing new taxes or changing tax policy. It simplifies provisions, reduces complexity, and improves compliance efficiency.

Share Transfer Restrictions in Agreements: Legal Validity and Key Types

April 15, 2026 801 Views 0 comment Print

This explains the enforceability of share transfer restrictions under company law and judicial rulings. It highlights how contractual rights like ROFR and tag-along are upheld to protect shareholder interests.

Maternity & Paternity Benefits in Labour Law: India on Its Way to a Gender-Neutral Framework

April 15, 2026 591 Views 0 comment Print

Dhara Verma Abstract The labour welfare laws in India provide essential maternity and paternity benefits to workers which demonstrate the country’s commitment to achieving gender equity and supporting families while fostering social and economic development. The maternity protection system in India has experienced legislative and judicial improvements but its paternity benefits system remains underdeveloped because […]

Essentials for Converting Partnership firm into a Private Limited Company

April 15, 2026 4659 Views 2 comments Print

This guide explains the mandatory conditions, documentation, and procedural steps for converting a partnership into a company. It highlights compliance requirements and the structured legal process under the Companies Act.

GST Interest Demand Invalid as Not Mentioned in Show Cause Notice – HC Quashes Order

April 15, 2026 960 Views 0 comment Print

The Court ruled that interest cannot be imposed in adjudication if it was not specified in the show cause notice. The decision reinforces that authorities cannot exceed the scope of the original notice under GST law.

No Section 87A Rebate on STCG Under 111A: Tax Planning for FY 2025–26

April 15, 2026 15723 Views 0 comment Print

Rebate under Section 87A includes STCG for eligibility but cannot be applied to such income. This creates a limitation in tax benefit for taxpayers earning capital gains.

Big Relief for Pigmy Agents: Karnataka HC Stops GST Reverse Charge on Pigmy Commission

April 14, 2026 3132 Views 0 comment Print

The issue was whether pigmy agents are independent service providers or employees. The Court held they are employees, so their remuneration is not a taxable supply under GST.

Immovable Property vs Plant & Machinery: AAAR Rejects ITC Claim in Inox Air Products Case

April 14, 2026 7140 Views 1 comment Print

The issue was whether ITC is available on GST paid for leasehold rights used to build a plant. The ruling held ITC is blocked as the expense is linked to construction of immovable property, with capitalisation being the key factor.

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