• GST

invoice/document numbers to be case-insensitive for IRN generation w.e.f 01.06.2025

1 year ago

Invoice/document numbers to be case-insensitive for the purpose of IRN generation w.e.f 01.06.2025 GSTN Advisory on Case Sensitivity in IRN…

  • Income Tax

Cash Advance not doubted can’t be rejected as cash available for deposits in bank

1 year ago

Cash Advance received by the assessee and not doubted by AO can’t be rejected as source of cash available for…

  • ESIC

Medical benefit to retired beneficiaries under ESI – Draft Regulations

1 year ago

Medical benefit to retired beneficiaries under Employee State Insurance - Draft Regulations Employee State Insurance Corporation has notified draft Employees’…

  • Income Tax

PAN allotted based on Aadhaar Enrolment ID to be linked till 31.12.2025

1 year ago

CBDT sets deadline of PAN and Aadhaar linking to 31.12.2025 in cases where PAN were allotted on the basis of…

  • arbitration

Application for setting aside arbitral award on next working day within limitation period

1 year ago

Application for setting aside arbitral award u/s 34 of the Arbitration and Conciliation Act, 1996 filed on the next working…

  • Income Tax

No Penalty u/s 270A on the basis of difference in FMV determined by the DVO

1 year ago

No Penalty can be imposed u/s 270A by AO on the basis of difference in fair market value determined by…

  • arbitration

Under Arbitration Act 1940, general contract term no bar to grant Pendente lite interest.

1 year ago

Under Arbitration Act 1940, clauses in contract merely barring contractor from claiming interest is no bar on arbitrator to grant…

  • RBI

RBI master direction on interest/penalty on various deposits held in banks

1 year ago

RBI has issued a master direction on payment of interest and levy of penalty on various deposits held in banks …

  • Income Tax

No reopening can be done once order is passed by Settlement Commission

1 year ago

Order of Settlement Commission is conclusive and final in respect of the relevant assessment year and AO have no jurisdiction…

  • RBI

FAQs & Master Circular on Payment of Pension to Central Govt. employees by Banks

1 year ago

RBI issues FAQs and Master Circular on Payment of Pension to Central Government Pensioners by Authorised Banks Payment of pension…