https://www.tlctaxlaw.com/publications.htmlAnalysis of GST, direct tax, corporate, capital markets and data protection law by The Lord’s Consultancy, Kolkata.en-IN https://www.tlctaxlaw.com/post/india-mauritius-dtaa-principal-purpose-test-article-27b-grandfathering-tiger-global.htmlhttps://www.tlctaxlaw.com/post/india-mauritius-dtaa-principal-purpose-test-article-27b-grandfathering-tiger-global.htmlDirect TaxFri, 16 Oct 2026 09:00:00 +0530Notification 135/2026 brings a principal purpose test into the India–Mauritius treaty. How grandfathering, GAAR and Tiger Global apply to each item of income. https://www.tlctaxlaw.com/post/same-sex-partners-gift-tax-section-56-2-x-income-tax-act-2025-karnataka-high-court.htmlhttps://www.tlctaxlaw.com/post/same-sex-partners-gift-tax-section-56-2-x-income-tax-act-2025-karnataka-high-court.htmlDirect TaxWed, 14 Oct 2026 09:00:00 +0530Gifts between same-sex partners: section 56(2)(x), the spouse exclusion, the Karnataka High Court challenge and section 92 of the Income-tax Act, 2025. https://www.tlctaxlaw.com/post/tribunals-reforms-act-2026-national-tribunals-commission-gstat-nclt.htmlhttps://www.tlctaxlaw.com/post/tribunals-reforms-act-2026-national-tribunals-commission-gstat-nclt.htmlGSTMon, 12 Oct 2026 09:00:00 +0530The Tribunals Reforms Act, 2026: the National Tribunals Commission, new selection rules for ITAT, CESTAT and NCLAT, and why GSTAT and NCLT stay outside. https://www.tlctaxlaw.com/post/57th-gst-council-meeting-analysis-itc-refunds-legal-gap.htmlhttps://www.tlctaxlaw.com/post/57th-gst-council-meeting-analysis-itc-refunds-legal-gap.htmlGSTThu, 08 Oct 2026 09:00:00 +0530Analysis of the 57th GST Council meeting (8 Oct 2026): wider ITC, input-service and machinery refunds, faster refunds, arrest reform and what needs Parliament. https://www.tlctaxlaw.com/post/india-s-dpdp-enforcement-framework-the-remedy-gap-mediation-route-and-independence-of-the-data-pro.htmlhttps://www.tlctaxlaw.com/post/india-s-dpdp-enforcement-framework-the-remedy-gap-mediation-route-and-independence-of-the-data-pro.htmlData ProtectionFri, 12 Jun 2026 09:00:00 +0530A TLC Insight on India's DPDP enforcement framework: the remedy gap, mediation route, civil court jurisdiction and independence of the Data Protection Board. https://www.tlctaxlaw.com/post/gst-demand-proceedings-after-section-74a.htmlhttps://www.tlctaxlaw.com/post/gst-demand-proceedings-after-section-74a.htmlGSTFri, 15 May 2026 09:00:00 +0530Guide to GST demands under sections 73, 74 and 74A of the CGST Act: limitation, penalties, ITC impact, DRC workflow and show cause notice defence strategy. https://www.tlctaxlaw.com/post/going-public-in-india-ipo-playbook-sebi-icdr-2026.htmlhttps://www.tlctaxlaw.com/post/going-public-in-india-ipo-playbook-sebi-icdr-2026.htmlCapital MarketsFri, 17 Apr 2026 09:00:00 +0530How Main Board IPOs work in India under SEBI ICDR: eligibility, DRHP filing, pricing, allotment, listing timelines and key 2025–2026 amendments. https://www.tlctaxlaw.com/post/delhi-high-court-ruling-that-buy-back-of-own-shares-is-reduction-of-share-capital-and-section-56-2.htmlhttps://www.tlctaxlaw.com/post/delhi-high-court-ruling-that-buy-back-of-own-shares-is-reduction-of-share-capital-and-section-56-2.htmlDirect TaxWed, 15 Apr 2026 09:00:00 +0530Delhi 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. https://www.tlctaxlaw.com/post/gstat-procedure-rules-2025-a-long-awaited-reform-but-the-real-test-will-be-access-integration-an.htmlhttps://www.tlctaxlaw.com/post/gstat-procedure-rules-2025-a-long-awaited-reform-but-the-real-test-will-be-access-integration-an.htmlGSTFri, 10 Apr 2026 09:00:00 +0530Legal analysis of the GSTAT Procedure Rules, 2025: e-filing, limitation, portal integration, virtual hearings and practical GST appeal risks. https://www.tlctaxlaw.com/post/ipo-eligibility-in-india-main-board-or-sme-route.htmlhttps://www.tlctaxlaw.com/post/ipo-eligibility-in-india-main-board-or-sme-route.htmlCapital MarketsMon, 30 Mar 2026 09:00:00 +0530What Indian promoters should evaluate before choosing a Main Board IPO or an SME listing: eligibility, governance, track record and readiness beyond size. https://www.tlctaxlaw.com/post/the-jurisdictional-fortress-why-statutory-discipline-is-the-new-defense-in-gst-enforcement.htmlhttps://www.tlctaxlaw.com/post/the-jurisdictional-fortress-why-statutory-discipline-is-the-new-defense-in-gst-enforcement.htmlGSTSat, 07 Feb 2026 09:00:00 +0530The Reevan Creation ruling and the statutory-discipline defence in GST enforcement: challenging illegal summons, lapsed bank attachments and backdoor searches. https://www.tlctaxlaw.com/post/the-great-tax-pivot-deciphering-the-finance-bill-2026-and-cbdt-s-litigation-triage.htmlhttps://www.tlctaxlaw.com/post/the-great-tax-pivot-deciphering-the-finance-bill-2026-and-cbdt-s-litigation-triage.htmlDirect TaxThu, 05 Feb 2026 09:00:00 +0530How the Finance Bill 2026 and CBDT's litigation triage reshape India's direct tax landscape, and what taxpayers should prioritise in planning and disputes. https://www.tlctaxlaw.com/post/union-budget-2026-27-decoded-by-tlc-gst-amendments-buyback-taxation-transfer-pricing-and-complian.htmlhttps://www.tlctaxlaw.com/post/union-budget-2026-27-decoded-by-tlc-gst-amendments-buyback-taxation-transfer-pricing-and-complian.htmlUnion BudgetSun, 01 Feb 2026 09:00:00 +0530Finance Bill, 2026 decoded: share buyback taxation from 1 April 2026, GST amendments, transfer pricing safe harbours and the key effective dates. https://www.tlctaxlaw.com/post/india-s-digital-personal-data-protection-act-2023-a-comprehensive-implementation-and-compliance-gu.htmlhttps://www.tlctaxlaw.com/post/india-s-digital-personal-data-protection-act-2023-a-comprehensive-implementation-and-compliance-gu.htmlData ProtectionMon, 15 Dec 2025 09:00:00 +0530A practical guide to the DPDP Act, 2023 and the DPDP Rules, 2025 notified on 13 November 2025: obligations, rights and compliance steps. https://www.tlctaxlaw.com/post/how-a-holding-company-saves-promoters-from-disputes-tax-exposure-loss-of-control-a-practical-fr.htmlhttps://www.tlctaxlaw.com/post/how-a-holding-company-saves-promoters-from-disputes-tax-exposure-loss-of-control-a-practical-fr.htmlCorporate LawsWed, 19 Nov 2025 09:00:00 +0530Why holding business assets, personal wealth and voting control in one operating company exposes promoters, and how a holding company ring-fences them. https://www.tlctaxlaw.com/post/gst-2-0-fixing-litigation-fake-itc-and-compliance-burden-in-2024-25.htmlhttps://www.tlctaxlaw.com/post/gst-2-0-fixing-litigation-fake-itc-and-compliance-burden-in-2024-25.htmlGSTMon, 20 Oct 2025 09:00:00 +0530GST enters a consolidation phase: an operational GST Appellate Tribunal, firmer action on fake ITC and lighter compliance. What it means for business. https://www.tlctaxlaw.com/post/fast-track-mergers-in-india-2025-new-mca-rules-compliance-checklist.htmlhttps://www.tlctaxlaw.com/post/fast-track-mergers-in-india-2025-new-mca-rules-compliance-checklist.htmlCorporate LawsSat, 13 Sep 2025 09:00:00 +0530How the 2025 MCA amendments widen fast-track mergers under section 233 of the Companies Act, 2013: eligibility, approvals and a compliance checklist. https://www.tlctaxlaw.com/post/mca-revamps-corporate-reporting-with-enhanced-disclosure-norms-effective-july-14-2025.htmlhttps://www.tlctaxlaw.com/post/mca-revamps-corporate-reporting-with-enhanced-disclosure-norms-effective-july-14-2025.htmlCorporate LawsThu, 12 Jun 2025 09:00:00 +0530The Companies (Accounts) Second Amendment Rules, 2025, effective 14 July 2025: enhanced Board’s Report disclosures and new e-forms for filing accounts. https://www.tlctaxlaw.com/post/sebi-s-strategic-framework-to-address-sme-ipo-market-challenges-a-comprehensive-analysis-by-the-lor.htmlhttps://www.tlctaxlaw.com/post/sebi-s-strategic-framework-to-address-sme-ipo-market-challenges-a-comprehensive-analysis-by-the-lor.htmlCapital MarketsSun, 01 Dec 2024 09:00:00 +0530SEBI's proposals to amend the ICDR Regulations for SME IPOs, and what they mean for issuers, merchant bankers and investors in the SME segment. https://www.tlctaxlaw.com/post/guidance-note-1-2024-on-the-direct-tax-vivad-se-vishwas-scheme-2024.htmlhttps://www.tlctaxlaw.com/post/guidance-note-1-2024-on-the-direct-tax-vivad-se-vishwas-scheme-2024.htmlDirect TaxFri, 29 Nov 2024 09:00:00 +0530Key clarifications in Guidance Note 1/2024 on the Direct Tax Vivad se Vishwas Scheme, 2024: eligibility, disputed tax, amounts payable and settlement process. https://www.tlctaxlaw.com/post/legal-implications-of-the-new-buyback-tax-amendment-and-potential-for-tax-avoidance.htmlhttps://www.tlctaxlaw.com/post/legal-implications-of-the-new-buyback-tax-amendment-and-potential-for-tax-avoidance.htmlDirect TaxFri, 09 Aug 2024 09:00:00 +0530The buyback tax under section 115QA, the amendment applying from 1 October 2024, and whether it closes the door on tax avoidance through buybacks. https://www.tlctaxlaw.com/post/analyzing-the-penalties-imposed-by-section-43-of-the-black-money-undisclosed-foreign-income-and-ass.htmlhttps://www.tlctaxlaw.com/post/analyzing-the-penalties-imposed-by-section-43-of-the-black-money-undisclosed-foreign-income-and-ass.htmlDirect TaxThu, 30 May 2024 09:00:00 +0530Section 43 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015: the penalty for not disclosing foreign assets. https://www.tlctaxlaw.com/post/posh-act-workplace-equality-sexual-harassment.htmlhttps://www.tlctaxlaw.com/post/posh-act-workplace-equality-sexual-harassment.htmlCorporate LawsSat, 24 Feb 2024 09:00:00 +0530The POSH Act, 2013 explained: applicability, the Internal Committee, employer duties and the framework for redressing sexual harassment at work. https://www.tlctaxlaw.com/post/crafting-error-free-nclt-petitions-insights-for-efficient-drafting-and-acceptance.htmlhttps://www.tlctaxlaw.com/post/crafting-error-free-nclt-petitions-insights-for-efficient-drafting-and-acceptance.htmlCorporate LawsThu, 28 Dec 2023 09:00:00 +0530Practical insights on drafting NCLT petitions for efficient filing and acceptance, and on avoiding the defects that commonly delay admission. https://www.tlctaxlaw.com/post/correcting-procedural-mistakes-in-gst-and-associated-demand.htmlhttps://www.tlctaxlaw.com/post/correcting-procedural-mistakes-in-gst-and-associated-demand.htmlGSTMon, 10 Jul 2023 09:00:00 +0530Why early GST return errors turned into tax demands, and how taxpayers can correct procedural mistakes in GSTR-1 and GSTR-3B and contest the resulting demands. https://www.tlctaxlaw.com/post/simplifying-the-registration-process-for-social-stock-exchange-in-india.htmlhttps://www.tlctaxlaw.com/post/simplifying-the-registration-process-for-social-stock-exchange-in-india.htmlCapital MarketsTue, 23 May 2023 09:00:00 +0530How organisations register on India’s Social Stock Exchange: what the SSE is, who can join and the registration process, step by step. https://www.tlctaxlaw.com/post/elc-can-not-be-blocked-under-rule-86a-for-nonpayment-of-dues-to-the-creditor-within-180-days.htmlhttps://www.tlctaxlaw.com/post/elc-can-not-be-blocked-under-rule-86a-for-nonpayment-of-dues-to-the-creditor-within-180-days.htmlGSTSat, 17 Dec 2022 09:00:00 +0530Sunny Jain v. Union of India (Delhi High Court): Rule 86A cannot be used to block ITC only because the supplier was not paid within 180 days. https://www.tlctaxlaw.com/post/physical-verification-without-issuing-notice-for-under-gst-registration-violates-natural-law.htmlhttps://www.tlctaxlaw.com/post/physical-verification-without-issuing-notice-for-under-gst-registration-violates-natural-law.htmlGSTFri, 11 Nov 2022 09:00:00 +0530Can GST registration be cancelled after a Rule 25 physical verification done without notice? A Delhi High Court ruling on natural justice. https://www.tlctaxlaw.com/post/how-virtual-digital-assets-are-taxed-in-india.htmlhttps://www.tlctaxlaw.com/post/how-virtual-digital-assets-are-taxed-in-india.htmlDirect TaxWed, 09 Nov 2022 09:00:00 +0530What counts as a virtual digital asset under section 2(47A) of the Income-tax Act, 1961, and how income from crypto assets and NFTs is taxed in India. https://www.tlctaxlaw.com/post/section-129-1-a-vs-section107-under-gst-act.htmlhttps://www.tlctaxlaw.com/post/section-129-1-a-vs-section107-under-gst-act.htmlGSTFri, 04 Nov 2022 09:00:00 +0530Kerala High Court: paying tax and penalty under section 129(1)(a) of the CGST Act does not bar an appeal under section 107; an order must still issue. https://www.tlctaxlaw.com/post/instructions-on-pre-deposit-payment-method-for-cases-pertaining-to-central-excise-and-service-tax.htmlhttps://www.tlctaxlaw.com/post/instructions-on-pre-deposit-payment-method-for-cases-pertaining-to-central-excise-and-service-tax.htmlIndirect TaxFri, 28 Oct 2022 09:00:00 +0530Instructions on how the mandatory pre-deposit is to be paid in Central Excise and Service Tax appeals, and what appellants should check before filing. https://www.tlctaxlaw.com/post/web3-from-metaverse-to-nft.htmlhttps://www.tlctaxlaw.com/post/web3-from-metaverse-to-nft.htmlTechnologyThu, 13 Jan 2022 09:00:00 +0530Metaverse, Web3 and NFTs explained: how the concepts differ, why they are often conflated, and what NFTs mean for digital ownership. https://www.tlctaxlaw.com/post/gst-input-tax-credit-itc-available-when-goods-received-drill-down-analysis.htmlhttps://www.tlctaxlaw.com/post/gst-input-tax-credit-itc-available-when-goods-received-drill-down-analysis.htmlGSTSat, 01 Jan 2022 09:00:00 +0530Section 16 of the CGST Act, 2017 links input tax credit to receipt of goods. A drill-down analysis of the conditions for ITC and where they turn complex. https://www.tlctaxlaw.com/post/new-gst-rule-to-be-implemented-from-jan-1-2022-an-exhaustive-analysis.htmlhttps://www.tlctaxlaw.com/post/new-gst-rule-to-be-implemented-from-jan-1-2022-an-exhaustive-analysis.htmlGSTSat, 25 Dec 2021 09:00:00 +0530The Finance Act, 2021 GST amendments brought into force from 1 January 2022 by Notification No. 39/2021–Central Tax: an exhaustive analysis. https://www.tlctaxlaw.com/post/fraud-under-the-companies-act-an-analysis-of-criminality.htmlhttps://www.tlctaxlaw.com/post/fraud-under-the-companies-act-an-analysis-of-criminality.htmlCorporate LawsTue, 30 Nov 2021 09:00:00 +0530Section 447 of the Companies Act, 2013 makes fraud a penal offence. Why its definition of “fraud” leaves much to be desired, and what that means. https://www.tlctaxlaw.com/post/composite-and-mixed-supplies-under-gst-decoding-the-conceptual-tenets.htmlhttps://www.tlctaxlaw.com/post/composite-and-mixed-supplies-under-gst-decoding-the-conceptual-tenets.htmlGSTTue, 30 Nov 2021 09:00:00 +0530How GST distinguishes composite and mixed supplies: principal and ancillary supply, the tests for each, and why the classification decides the tax rate.