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Background and Case Overviewi. Facts of the Case(a) In the matter of Samyak Jain v. Superintendent (Adjudication), Central GST Delhi & Others, the petitioner, Samyak Jain, previously operated under VA...

1. Overview of GST 2.0 and Revised Price ComplianceWith the implementation of GST 2.0, the statutory anti-profiteering regime under Section 171 of the Central Goods & Services Tax Act, 2017 (CGST Act)...

1. IntroductionIn the digital age, maintaining GST compliance is essential for every business entity. However, confusion often arises after submitting GST returns: "Has my GST return been accepted or...

This article provides a detailed analysis of significant judicial pronouncements that have directly impacted the framing, substance, and interpretation of the Companies Act, 2013, along with its allie...

Overview of AGM Extension Provisionsi) Statutory Framework and ApplicabilityAs per Section 96 of the Companies Act, 2013, every company is obligated to conduct an Annual General Meeting (AGM) within s...

OverviewThe process of issuing additional equity shares is a fundamental way for companies to infuse new capital. While the Companies Act, 2013 ("the Act") allows for issuing shares through a rights o...

1. Overview of Recent ChangesCorporate restructuring in India has traditionally been dependent on approvals from the National Company Law Tribunal (NCLT), as per Sections 230 to 232 of the Companies A...

1. Overview and ContextOver the past twenty years, the Indian tax landscape has seen significant interplay between the judiciary, legislative bodies, and tax authorities. Key judicial decisions have i...

1. OverviewIndia’s income tax framework has undergone a significant transition—evolving from a complex, paper-based system with numerous amendments and localized procedures, to a streamlined, technolo...

IntroductionThe Delhi High Court, in the case of Woodland (Aero Club) Pvt. Ltd. v. Assistant Commissioner of Income Tax (ITA 267/2023, AY 2019-20, dated 08.09.2025), addressed the controversy regardin...

Overview of Section 153D Approval IssuesSection 153D of the Income Tax Act, 1961, mandates that prior approval from the Joint Commissioner or Additional Commissioner is essential before passing assess...

Introduction: The Legal Landscape for Income Tax SearchesSearch and seizure actions under Section 132 of the Income-tax Act, 1961, represent one of the most powerful investigative tools available to t...

1. Background and Evolution of Taxation in IndiaTaxation has long served as the backbone of public finance, enabling governments to fund public welfare and regulatory systems. Historically, citizens c...

Overview of Legal Due Diligence in M&ALegal due diligence serves as a cornerstone in mergers and acquisitions, enabling the acquiring entity to thoroughly evaluate the legal standing of the target bus...

1. Introduction: The Evolving Terrain of GST Departmental AuditsThe audit mechanism outlined in Section 65 of the Central Goods and Services Tax Act, 2017, serves as a paramount instrument for tax enf...

Introduction: Change in GST Rate and MRP Re-labellingThe Ministry of Consumer Affairs, through Notification No. I-10/14/2020-W&M dated 9th September 2025, has allowed manufacturers and traders to affi...

Introduction and Background(i) Context of the CaseIn a significant ruling, the Delhi High Court, through its Division Bench comprising Justice Pratibha M Singh and Justice Shail Jain, delivered an ora...

Overview: Eight Years of GST and the Promise of SimplificationIndia’s Goods and Services Tax (GST), implemented eight years ago, stands as the country’s largest fiscal overhaul, intended to unite the...

1. Overview(i) BackgroundThe Income-tax Act, 1961 provides preferential tax rates for certain forms of capital gains. Although these reduced rates are intended to encourage investment and provide reli...

Introduction: The Conflict Between Legislative Purpose and Strict Statutory ReadingThe Supreme Court in Asstt. CIT v. Shelf Drilling Ron Tappmeyer Ltd. ([2005] 177 taxmann.com 262, known as the "Roca...