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TaxCorp · Articles Monday, 3 August 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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Across every practice area, most recent first.

Custom Section 18A of the Customs Act: India’s Move Towards Trust-Based Post-Clearance Revision

1. Why post-clearance correction became necessaryFor many years, Indian customs law proceeded on the basis that the assessment of imported or exported...

CA, CS, CMA International Accounting and Sustainability Reporting Round-up: July 2026 Developments

This global reporting update brings together recent developments from the International Accounting Standards Board (IASB), the Financial Reporting Cou...

Income Tax Pillar Two GIR: A Strategic Filing for Indian MNEs, Not a Routine Tax Form

The global minimum tax framework under Pillar Two is designed to ensure that large multinational enterprise groups pay at least a 15% effective tax ra...

CA, CS, CMA Global Audit Developments: IAASB’s LCE Audit Standard Update and FRC’s 2026 Reviews

This week’s international audit and financial reporting developments focus on three key regulatory updates: proposed changes to the global audit stand...

CA, CS, CMA Can an Auditor Treat AI Output as Audit Evidence? A Reworked Perspective on NFRA’s Technology Principles

1. The changing audit environmentAudit methodology has moved far beyond traditional sampling and manual verification. What earlier started with Comput...

CA, CS, CMA First-time Adoption of Ind AS: Moving Joint Ventures from Proportionate Consolidation to the Equity Method

1. Context: Why this transition mattersA recurring issue for Indian companies adopting Ind AS for the first time is the treatment of joint ventures in...


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