News & Media 3rd Feb 2026

Relief for third parties caught in search cases, budget also tweaks timelines for block assessments

Latest Thought Leadership

Investment Funds
Alerts & Updates 29th Jul 2026

IFSCA Informal Guidance Addresses Use of PSP Payment Accounts for Fund Subscriptions and Redemptions

Read More
Alerts & Updates 29th Jul 2026

Labour and Employment – Recent Judicial Developments

Read More
Investment Funds
Alerts & Updates 29th Jul 2026

The India-Mauritius DTAA Protocol and the Principal Purpose Test: Treaty Entitlement, Substance and the Post-2017 Investment Landscape

Read More
international trades
Alerts & Updates 24th Jul 2026

USTR Finalises Section 301 Forced Labour Tariffs

Read More

Our Partner, Hemal Shah shares his insight in The Times of India article, “Relief for third parties caught in search cases; Budget also tweaks timelines for block assessments.”
He highlights that the Budget’s relief measures for third parties involved in search cases and adjustments to block-assessment timelines aim to reduce procedural burdens, improve certainty in tax administration, and balance enforcement rigour with fairness and reasonable compliance expectations.

Read the article here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.