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TaxCorp · Articles Wednesday, 26 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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CA, CS, CMA First-time Adoption of Ind AS 115: Practical Transition Issues under Ind AS 101

1. Why Ind AS 115 Transition Requires Special AttentionRevenue accounting is often one of the most sensitive areas when an entity moves from previous...

CA, CS, CMA Companies (Indian Accounting Standards) Amendment Rules, 2026: Practical Impact on SPPI, ESG-linked Instruments, Renewable Power Contracts and Derecognition

1. BackgroundThe Ministry of Corporate Affairs, after consultation with the National Financial Reporting Authority, has issued the Companies (Indian A...

CA, CS, CMA Companies (Indian Accounting Standards) Amendment Rules, 2026: Practical Impact on ESG-linked Loans, FVOCI Disclosures, Renewable Power Contracts and Electronic Settlements

1. BackgroundThe Ministry of Corporate Affairs, after consultation with the National Financial Reporting Authority, has issued the Companies (Indian A...

CA, CS, CMA Global Financial Reporting Update: FASB, PCAOB and IFRS Foundation Announce Key Developments

This edition of the global financial reporting update covers three important international developments: the FASB’s proposal on cash equivalents and c...

GST GST Treatment of Corporate Guarantees: Supply, Valuation and the Unresolved Fault Lines

Corporate guarantees have moved from being routine treasury tools within business groups to a major GST litigation issue. In a typical group structure...

GST GST Refunds: Statutory Framework, Practical Mechanics and Recent Judicial Trends

1. When does a GST refund arise?A refund under GST generally represents a situation where tax has been paid even though, in law or on facts, the Gover...


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