Devadhaantu Associates https://validator.w3.org/feed/docs/rss2.html SEBI Informal guidance allowing preferential issue without triggering open offer in case where control does not change substantially Transfer of entire business under slump sale, held to be valid Cloud computing services not taxable as royalty Concessional treatment of tax on CCDs and OCDs Budget 2026 : Snapshot of GST reforms Budget 2026 – Snapshot of Income Tax reforms Budget 2026: Enhanced STT rates Budget 2026: Snapshot of Customs law reforms Budget 2026: Sovereign Gold Bonds (SGBs) Budget 2026: Proposal for non allowance of expenses against dividend income Budget 2026 : Proposed buy back taxation regime SEBI in association with Industry standard board prescribed minimum disclosure requirement for the related party disclosure Unbilled revenue as a part of slump sale transaction, valid for determining consideration Budget 2026- Sector-wise breakdown CRITIQUE Conversion of Company into LLP at book, not exigible to tax Tenancy Rights are capital asset, transfer of which is liable to be taxed as capital gains Supreme Court provide judgement in relation to validity of a document with respect to will vs gift vs settlement deed Delhi ITAT – Look-through approach cannot be adopted for transaction not lacking substance FMV on Liquidation Date constitutes Cost of Acquisition if the gain is offered for tax in the same year ESOP related expenses paid to foreign holding company as reimbursement allowable Chennai ITAT set aside the reopening case whereby owing to reconstitution of a partnership firm as part of family arrangement was sought to tax SEBI Grants Exemption for Indirect Acquisition in Patel Engineering Limited NCLT, Kolkata bench rejected capital reduction scheme requiring transfer of balance from securities premium to retained earning NCLAT set aside NCLT order refusing for dispensation of creditors meeting NCLT Mumbai bench rejected a merger scheme owing to negative net-worth of companies involved Scope expansion for fast track mergers and demergers Maintainability of GST petition by unregistered partnership firm Materiality threshold to the minimum disclosure requirements for Related Party Transactions Budget 2026: Proposed amendments in relation to return filing compliances NCLAT held that the selective capital reduction at fair value is valid Indirect transfer under 2 tier structure, not taxable in India? Electronics and Electronic Components Manufacturing Scheme Whether capital reduction can be construed to be ‘transfer’ ? Transfer pricing adjustment on genuine business expenditure ? Whether section 56(2)(x) of the IT Act apply on ‘Interest in partnership firm’ ? Exemption u/s 54F for only a residential property The Finance Bill 2025 – ‘Budget for people of India’ Budget 2025 Highlights Reclassification of portfolio investment into Foreign Direct Investments TDS u/s 195 on warehouse space charges ? Whether the treatment of capital reserve arising out of merger is benefit? Delhi: Payment of stamp duty on WOS merger under ‘conveyance’ entry ESOPs, a wealth generating tool? Interest on perpetual debenture, an allowable expenditure? QIP fund raise, a preferred mode for listed companies? Chandigarh NCLT allows demerger scheme providing discharge of consideration by foreign parent company SC denied deduction claimed in revised return filed beyond due date Can a tax officer exercise its power beyond statutory limitations? Budget 2026: Rationalisation of Tax Collection at Source (‘TCS’)