Day: September 9, 2025

Homebuyer entitled to possession of the Apartment if their name incorporated in the list of financial creditors – Supreme Court In a recent judgment Hon’ble Supreme Court had held that once the name of homebuyers was incorporated in the list of financial creditors of the corporate debtor published …

GSTN has issued advisory to taxpayers to reconcile records and file pending GST Returns within expiry of three years as on 1st October 2025 As per the Finance Act,2023 (8 of 2023), dt. 31-03-2023, implemented w.e.f 01-10-2023 vide Notification No. 28/2023 – Central Tax dated 31th July, 2023, …

Insurance premium paid for partner of firm held allowable expenditure as it was incurred as a condition for availing business loan – ITAT In a recent judgment, ITAT Mumbai has held that insurance premium paid on life insurance of partner of the firm was allowable expenditure as it …