EaseValueTransfer Pricing Comparable Loss Rule 2025-26: Karnataka HC Ruling
In a significant October 2026 ruling, Karnataka High Court has clarified that a single year of losses cannot justify exclusion of a transfer pricing comparable. This affects how businesses select comparables for AY 2025-26 onwards.
₹200 Crore Turnover Filter TP Comparables Valid 2025-26
Karnataka High Court has recently validated the use of ₹200 crore upper turnover filter when selecting comparables for transfer pricing analysis. This ruling provides significant relief to Indian taxpayers and software companies facing transfer pricing adjustments.
NBFC Credit Growth August 2026 – Tax Implications for Lenders
New data on NBFC credit deployment (August 2026) reveals strong growth across retail, agriculture, and services sectors. Learn what this means for your tax compliance and income reporting obligations.
NRD-CSR Return R012 CIMS Portal 2026: Bank Compliance Guide
RBI has shifted Non-Resident Deposits (NRD) reporting from XBRL to the new CIMS Sankalan portal effective October 2026. Banks maintaining NRD accounts must now submit the Comprehensive Single Return (R012) through three digital channels with stricter validation rules.
Section 271H TDS Penalty Reduced 2026 | ITAT Lucknow Ruling
In a significant relief for taxpayers, ITAT Lucknow has reduced the Section 271H TDS penalty from ₹1 lakh to ₹10,000 per quarter, recognizing that maximum penalty was disproportionate when TDS was actually deposited. This recent ruling in October 2026 impacts how tax authorities levy penalties for TDS non-deposit or delay.
RBI Extends Directions to Jalna Bank Oct 2026 - Cooperative Bank Update
The Reserve Bank of India has extended regulatory directions issued to Motiram Agrawal Jalna Merchants Co-operative Bank Ltd for an additional three months until January 10, 2027. This is a recent update from October 2026 affecting cooperative bank operations and depositor interests.
RBI Reverse Repo Auction Oct 2026 - Impact on Taxpayers
The Reserve Bank of India has announced a Variable Rate Reverse Repo auction on October 06, 2026, to manage liquidity conditions. This monetary policy move affects taxpayers' investment decisions, cash flow planning, and income tax obligations for AY 2026-27.
RBI Bank Share Acquisition Rules 2026 - Mutual Funds & Insurance
The RBI has issued landmark Amendment Directions in October 2026 that significantly ease shareholding acquisition rules for mutual funds, insurance companies, and pension funds in banking companies. This represents a major policy shift allowing one-time approval for subsequent acquisitions up to 10% of paid-up share capital.
Export Declaration Form EDF Services FEMA 2026 RBI
From 1 October 2026, service exporters must file monthly Export Declaration Forms (EDF) under FEMA regulations. This is a critical compliance requirement with strict 30-day filing deadline and penalties for non-compliance.
Rule 96(10) GST Omission Ends Pending Proceedings 2026 | Supreme Court
In a landmark October 2026 ruling, the Supreme Court has held that the omission of Rule 96(10) applies to pending GST proceedings, significantly impacting exporters and their refund claims. This current update explains the ruling and its practical implications for businesses.
ITC Set-Off Order IGST CGST SGST GST 2026 | EaseValue
The GST Council has clarified the mandatory order of Input Tax Credit set-off among IGST, CGST, and SGST for AY 2026-27. This recent update directly impacts how businesses claim and utilise their tax credits—read the full implications here.
RBI Bank Directions Extension 2026: What Taxpayers Must Know
The Reserve Bank of India has extended regulatory directions for Sadbhav Nagrik Sahakari Bank, Chhatarpur, Madhya Pradesh until January 07, 2027. This recent October 2026 extension impacts depositors, investors, and associated taxpayers—here's what you need to know.
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