RavPratapSingh

Amendments to the IT Rules, 2026: Effectuating the Tiger Global Case 

On 31st March 2026, the Central Board of Direct Taxes (‘CBDT’) notified amendment to two sub-rules of Rule 128, The Income Tax Rules, 2026 (‘IT Rules, 2026’). Reactions to the amendments are neatly divided: while a few…

Amendments to the IT Rules, 2026

IT Act, 2025

A timeline of the past decade. As I elaborate in a related post - the IT Act, 2025 has a longer (and opaque) history than widely believed.

Income Tax Act, 2025: A ‘Reform’ Comes to Life 

The Income Tax Act, 2025 (IT Act, 2025) – after almost a decade of attempts to redraft income tax law - comes into force on 1 April 2026 and replaces the Income Tax Act, 1961 (IT…

Spectrum Licensed to Telecom Companies: Another Frontier for the IBC

Interaction of the Insolvency and Bankruptcy Code, 2016 (‘IBC’) with various sectors of the economy – aviation and real estate – has produced uneven results. Telecom sector brings forth its own set of issues. The Supreme…

Money Displaces Skill-Chance Distinction: Examining Taxation and Regulatory Approaches to Online Gaming

The Central Goods and Services Tax Act, 2017 (‘CGST Act, 2017’) and The Promotion and Regulation of Online Gaming Act, 2025 (‘OGA, 2025’) use money as the criteria to differentiate between various kinds of online gaming. In both legislations…

GST Council | Anatomy of a Constitutional Body | Perspective of a Tax Lawyer

Buyback Tax: An Anti-Abuse Measure Wrapped in a Tax 

Finance Bill, 2026 proposes to amend buyback tax. Yet again. The proposed amendment simultaneously simplifies and complicates buyback tax. Latter because of the proposal to create a separate tax slab for promoters of companies who participate in…

Supreme Courts Uses Tax Sovereignty to Hunt Tiger Global

The Supreme Court recently handed a significant legal victory to the Income Tax Department (‘Revenue’) in The Authority for Advance Rulings (Income-Tax) & Ors v Tiger Global International III Holdings (‘Tiger Global case’). And in the process created…

Health and National Security Cess: Some Context

The Lok Sabha on 5th December 2025, passed the Health Security se National Security Cess Bill, 2025. The Health se National Security Cess (‘Health and National Security Cess’) is an unusual marriage of public health and national…