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TaxCorp · Articles Tuesday, 18 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.

CA, CS, CMA First-time Adoption of Ind AS: Accounting Approach for Old Business Combinations

1. BackgroundWhen an entity moves from its earlier accounting framework to Indian Accounting Standards, one of the most difficult areas is the treatme...

GST GST 2.0 and the New Federal Tax Compact: Revenue Sharing After the Compensation Era

1. GST as a Federal Arrangement, Not Merely a Tax ReformThe Goods and Services Tax in India was never only a change in the method of indirect taxation...

GST Penalty-Only GST Appeals After Finance Act, 2025: Does the 10% Pre-Deposit Apply to Pending Disputes?

The amendment made by the Finance Act, 2025 to the GST appeal provisions has created an important practical question: where a penalty-only dispute had...

Income Tax India’s Data Centre Tax Incentive Regime: A More Practical Framework for Cloud Infrastructure Investments

India’s digital infrastructure story is rapidly expanding, and data centres are now a central part of that growth. The country is increasingly being v...

Income Tax Allotment Letter as an “Agreement” under Section 56(2)(x): Why the Booking Date May Save the Buyer from Tax on Notional Gains

A buyer may agree to purchase a flat today, pay a substantial amount through banking channels, and receive possession or execute the sale deed years l...

CA, CS, CMA Global Audit and Reporting Update: PCAOB Inspection Findings and IFRS for SMEs Educational Material

This update summarises two important global developments in audit regulation and financial reporting. The first relates to recent inspection reports i...


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