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TaxCorp · Articles Sunday, 13 September 2026

Expert writing across every domain, in one place

Analysis, opinions and practice notes on Income Tax, GST, Company Law, Customs, FEMA and the profession — published as they are approved by our editors.

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CA, CS, CMA International Reporting & Audit Update: Key Developments from FASB, PCAOB, FRC and IASB

This global update summarises recent developments in accounting, audit regulation and financial reporting oversight across major jurisdictions. The up...

CA, CS, CMA Reframing Profit or Loss under Ind AS 118: Classification of Income and Expenses into Five Categories

1. Why Ind AS 118 Changes the Presentation DiscussionThe statement of profit or loss is no longer viewed merely as a list of revenues, expenses, finan...

CA, CS, CMA Global Accounting and Audit Update: PCAOB Inspection Finds No Reportable Audit Deficiencies; FASB Opens Consultation on Codification Changes

This global financial reporting and audit update summarises two important international developments: a PCAOB inspection outcome involving one of the...

CA, CS, CMA Ind AS 118: Recasting Financial Statements as a Tool for Better Financial Communication

Opening perspectiveFinancial statements are not useful merely because they contain correct accounting numbers. Their real value lies in the manner in...

Company Law Director Tenure in Promoter-Led Listed Companies: Linking Evaluation with Governance Accountability

1. The Core QuestionIndian company law permits shareholders to remove directors, but the practical effect of that power changes significantly in a pro...

Company Law Personal Guarantor Insolvency and the 99.9% Haircut Debate: A Fresh Look at the NCLT Ruling in the Subhash Chandra Matter

1. Why the Decision MattersThe decision of the NCLT, Principal Bench, in Indiabulls Housing Finance Ltd. v. Dr. Subhash Chandra [2026] 190 taxmann.com...


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