Repayment of Related Party Loans Held Preferential by NCLT Ahmedabad
NCLT Ahmedabad has held that repayment of unsecured loans to related parties before clearing creditor dues is a preferential and fraudulent transaction under the IBC.
Author: Vinod Arora
SEBI Issues Updated Master Circular on LODR Compliance
SEBI has issued an updated Master Circular consolidating all operative instructions under the LODR Regulations, reflecting requirements in force as of December 30, 2025.
SEBI Opens One-Time Window for Transfer and Demat of Physical Securities
SEBI has opened a one-time special window from February 05, 2026, to February 04, 2027, for transfer and dematerialisation of physical securities acquired before April 01, 2019.
SEBI Removes Letter of Confirmation, Allows Direct Demat Credit
SEBI has removed the requirement of issuing a Letter of Confirmation and permitted direct credit of securities to demat accounts from April 2, 2026.
Finance Bill 2026: Employee Contribution Deduction Allowed up to ITR Due Date
Clause 31 of Finance Bill 2026 amends section 29 to allow deduction of employee welfare contributions if paid by the return filing due date, easing compliance and reducing litigation.
Finance Bill 2026: Electronic Nil or Lower TDS Certificates under Section 395
Clause 74 of Finance Bill 2026 enables electronic filing and issuance of nil or lower TDS certificates under section 395, reducing compliance burden and delays.
Finance Bill 2026: No TAN Required for Property Buyers & Certain TDS Cases
Clause 75 of Finance Bill 2026 relaxes TAN requirements under section 397. Key relief for resident individuals & HUFs buying property and other specified TDS transactions.
Finance Bill 2026: Amendments on TDS Declaration Through Depositories Explained
Finance Bill 2026 introduces section 393(6A) allowing TDS non-deduction declarations to be filed through depositories. Understand scope, eligibility, and impact.
Finance Bill 2026 Clarifies TDS on Manpower Supply and Foreign Asset Remittances
Clause 78 of the Finance Bill 2026 clarifies TDS on supply of manpower and aligns the definition of “authorised person” with FEMA for foreign asset remittances.
Finance Bill 2026: TDS-Linked Deduction Relief for Non-Life Insurance Companies
Clause 113 of the Finance Bill 2026 amends Schedule XIV to allow non-life insurers to claim deductions disallowed due to TDS defaults once tax is deducted and paid later.