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TLC Blog

32 articles, alerts and analyses by The Lord's Consultancy.

Data Protection

India’s DPDP Enforcement Framework: The Remedy Gap, Mediation Route and Independence of the Data Protection Board

12 Jun 2026 · 10 min read

A TLC Insight on India’s DPDP Enforcement Framework, analysing the remedy gap, mediation route, civil court jurisdiction and independence of the Data Protection Board.

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GST

GST DEMAND PROCEEDINGS AFTER SECTION 74A

15 May 2026 · 17 min read

A detailed professional guide to GST demand proceedings after Section 74A covering Sections 73, 74 & 74A of the CGST Act, 2017, including limitation, penalties, ITC impact, DRC workflow, SCN defence strategy, and litigat…

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Capital Markets

Going Public in India:The IPO PlaybookUnder SEBI ICDR 2026 From board room resolution to stock exchange listing.

16 Apr 2026 · 11 min read

Learn how Main Board IPOs work in India under SEBI ICDR 2026, including eligibility, DRHP filing, pricing, allotment, listing timelines, and key 2025–2026 amendments.

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Direct Tax

Delhi High Court ruling that buy-back of own shares is reduction of share capital and section 56(2)(x) is not applicable.

15 Apr 2026 · 5 min read

Delhi High Court rules that buy-back of a company’s own shares is reduction of share capital, not acquisition of property, and section 56(2)(x) does not apply.

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GST

GSTAT Procedure Rules, 2025: A Long-Awaited Reform, but the Real Test Will Be Access, Integration and Adjudicatory Design

10 Apr 2026 · 8 min read

legal analysis of GSTAT Procedure Rules, 2025 covering e-filing, limitation, portal integration, virtual hearings, and practical GST appeal risks.

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Capital Markets

IPO Eligibility in India: What Promoters Must Check Before Choosing Main Board or SME Route

30 Mar 2026 · 5 min read

This post explains what Indian promoters should evaluate before choosing between a Main Board IPO and an SME listing. It highlights that IPO readiness is not only about size or valuation, but also about legal eligibility…

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GST

The Jurisdictional Fortress: Why "Statutory Discipline" is the New Defense in GST Enforcement

07 Feb 2026 · 3 min read

Analyze the landmark Reevan Creation ruling and the new 'Statutory Discipline' defense in GST enforcement. Learn how to challenge illegal summons, expired bank attachments, and 'backdoor' searches under Section 67 & 70 i…

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Direct Tax

The Great Tax Pivot: Deciphering the Finance Bill 2026 and CBDT’s Litigation Triage

05 Feb 2026 · 3 min read

The Indian tax landscape is currently witnessing a "tectonic shift" that extends far beyond the annual budgetary ritual. With the introduction of the Finance Bill 2026 and the imminent transition to the Income Tax Act, 2…

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Union Budget

Union Budget 2026-27 decoded by TLC. GST amendments, buyback taxation, transfer pricing and compliance strategy explained.

01 Feb 2026 · 5 min read

Union Budget 2026-27 decoded by TLC. GST amendments, buyback taxation, transfer pricing and compliance strategy explained.

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Data Protection

India's Digital Personal Data Protection Act, 2023: A Comprehensive Implementation and Compliance Guide

15 Dec 2025 · 42 min read

The Digital Personal Data Protection Act, 2023 ("DPDP Act"), operationalised through the Digital Personal Data Protection Rules, 2025 ("DPDP Rules") notified on November 13, 2025, represents a fundamental transformation …

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Corporate Laws

How a Holding Company Saves Promoters From Disputes, Tax Exposure & Loss of Control — A Practical Framework

18 Nov 2025 · 4 min read

Most Indian promoters today carry a silent structural risk: • Business assets • Personal wealth • Voting control …all sit inside the same operating company. One tax attachment, one lender action, one partner dispute and …

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GST

GST 2.0: Fixing Litigation, Fake ITC, and Compliance Burden in 2024–25

19 Oct 2025 · 3 min read

India’s GST regime has entered a consolidation phase (“GST 2.0”) focused on three fronts: (i) restoring appellate discipline via the operationalisation of the GST Appellate Tribunal (GSTAT), (ii) curbing fake ITC through…

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Corporate Laws

Fast-Track Mergers in India 2025: New MCA Rules & Compliance Checklist

12 Sep 2025 · 4 min read

“Fast-Track Mergers in India 2025: New MCA Rules & Compliance Checklist”

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Corporate Laws

Ministry of Corporate Affairs introduces new corporate disclosure norms effective July 14, 2025.

12 Jun 2025 · 2 min read

he Ministry of Corporate Affairs introduces new corporate reporting norms effective July 14, 2025, enhancing transparency and accountability in corporate governance.

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Capital Markets

SEBI's Strategic Framework to Address SME IPO Market Challenges: A Comprehensive Analysis by The Lord's Consultancy

01 Dec 2024 · 3 min read

In response to emerging challenges in the SME IPO market, the Securities and Exchange Board of India (SEBI) has introduced proposals to amend the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICD…

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Direct Tax

Guidance Note 1/2024 on the Direct Tax Vivad se Vishwas Scheme, 2024

29 Nov 2024 · 3 min read

Guidance Note 1/2024 on the Direct Tax Vivad se Vishwas Scheme, 2024

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Direct Tax

Legal Implications of the New Buyback Tax Amendment and Potential for Tax Avoidance

09 Aug 2024 · 4 min read

The introduction of tax laws aims to curb the exploitation of tax planning opportunities and prevent tax avoidance. Anti-avoidance rules,...

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Direct Tax

Analyzing the Penalties Imposed by Section 43 of the Black Money (Undisclosed Foreign Income and Assets) and Taxation Act of 2015

30 May 2024 · 6 min read

Section 43 of the Black Money (Undisclosed Foreign Income and Assets) and Taxation Act of 2015

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Corporate Laws

Promoting Workplace Equality: Understanding the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Rules, 2013

24 Feb 2024 · 2 min read

Understanding the Sexual Harassment of Women at Workplace (Prevention, Prohibition, and Redressal) Rules, 2013

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Corporate Laws

Crafting Error-Free NCLT Petitions: Insights for Efficient Drafting and Acceptance

28 Dec 2023 · 2 min read

NCLT drafting, Legal Drafting before Tribunal and Court

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GST

Correcting Procedural Mistakes in GST and Associated Demand

09 Jul 2023 · 9 min read

Most of the errors had occurred in the initial stages of GST due to absence of clarity in implementation, and thus, the errors could not be rectified in a timely manner by the taxpayers. While GSTR-1 was working since in…

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Capital Markets

Simplifying the Registration Process for Social Stock Exchange in India

22 May 2023 · 2 min read

Introduction: Hello, Readers ! Today, I would like to shed light on an exciting development in the financial landscape of India - the...

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GST

ECL can not be BLOCKED Under Rule 86A for nonpayment of Dues to the Creditor within 180 days.

17 Dec 2022 · 14 min read

2022 ACR 264 High Court Delhi SUNNY JAIN VsTHE UNION OF INDIA ANR ORS.(High Court) HON'BLE MR. JUSTICE VIBHU BAKHRUHON'BLE MR. JUSTICE...

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GST

Physical Verification Without issuing Notice for Under GST Registration Violates Natural Law

11 Nov 2022 · 2 min read

For the above subject, two Practical Question arises when it's come to GST Registration.Those are as follows:

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Direct Tax

How Virtual Digital Assets Are Taxed In India

08 Nov 2022 · 6 min read

What does Virtual Digital Assets Include? The definition of VDA as given under section 2(47) of the Act, is an inclusive definition....

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GST

Section 129(1)(a) VS Section107 Under GST ACT

04 Nov 2022 · 3 min read

Voluntary Payment of Tax/Penalty U/S. 129 Does Not Debar A Dealer From Filing Appeal U/S.107 Kerala High Court held: A reading of...

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Indirect Tax

Instructions on Pre-deposit payment method for cases pertaining to Central Excise and Service Tax

28 Oct 2022 · 2 min read

Instructions on Pre-deposit payment method for cases pertaining to Central Excise and Service Tax

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Technology

WEB3 : From METAVERSE To NFT

12 Jan 2022 · 5 min read

The terms “metaverse” and “Web 3″ have been used interchangeably. While they both point to a vision of a better, future internet, it’s...

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GST

GST Input Tax Credit (ITC) available when goods received :Drill Down Analysis

01 Jan 2022 · 12 min read

Input Tax Credit (ITC) is the base of GST Law and its success or failure depends entirely on the manner ITC provisions are implemented in...

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GST

New GST rule to be implemented from Jan 1, 2022: An Exhaustive Analysis

25 Dec 2021 · 7 min read

gst amendment , 45th GST COUNCIL MEETING, GST APPLICABILITY FROM 1ST JANUARY 2022, New GST rule to be implemented from Jan 1, 2022: An Exhaustive Analysis

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Corporate Laws

Fraud” Under the Companies Act: An Analysis of Criminality

30 Nov 2021 · 5 min read

This is the question that Section 447 of the Companies Act (CA, 2013) poses. Section 447 makes fraud a penal offence. Prior to...

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GST

Composite and Mixed Supplies under GST : DECODING THE CONCEPTUAL TENETS

30 Nov 2021 · 16 min read

1. Introduction Goods and services tax (GST) was introduced in India from July 2017. It is a tax on “supply” of goods and services. In...

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