• GST

CBIC assigns Proper Officer u/s 74A, u/s 75(2) & u/s 122 of CGST Act, 2017

1 month ago

CBIC assigns proper officer under section 74A, section 75(2) and section 122 of the Central Goods and Services Tax Act,…

  • Companies Act

MCA establishes ten new offices of ROC for registration of LLPs

1 month ago

MCA establishes Ten new offices of Registrars of Companies in India for registration of LLPs The Ministry of Corporate Affairs…

  • Income Tax

Reliance on decision which is sub-judice wouldn’t make assessment order erroneous

1 month ago

Merely because the decision of the High Court followed by Ao was sub-judice before the Supreme Court it would not…

  • Income Tax

Deduction of interest on borrowings invested in capital of firm allowed against interest on capital

1 month ago

Deduction of interest on borrowings invested in capital of firm allowed against interest on capital under the head profit and…

  • DGFT

DGFT clarifies applicability of restriction on silver jewellery import by units in SEZs

1 month ago

DGFT Clarification on applicability of restriction imposed on silver jewellery import by units located in Special Economic Zones (SEZs) Government…

  • Income Tax

Information gathered in an illegal search can’t be used in an illegal proceeding

1 month ago

Even if search held invalid, information or material gathered may be relied upon by revenue only in a proceeding which…

  • Excise/Custom

FAQs on new merged Customs notification dated 24.10.2025 & consequential amendments 

1 month ago

FAQs on the new merged Customs notification dated 24.10.2025 and consequential amendments  CBIC has issued Notification No. 45/2025-Customs dated 24.10.2025…

  • Income Tax

Amendment to section 50C w.e.f. 01.04.2019 to apply retrospectively w.e.f. 01.04.2003

1 month ago

Amendment to section 50C w.e.f. 01.04.2019 was to apply retrospectively w.e.f. 01.04.2003, when the section 50C was brought into statute…

  • Income Tax

Approval u/s 153D has to be granted for each assessment year. Single approval vitiated law

1 month ago

Approval u/s 153D has to be granted for each assessment year. A single approval granted for all AYs held as…

  • Income Tax

Prosecution u/s 276C(2) quashed as assessee had not paid tax with ITR but later deposited it

1 month ago

Prosecution u/s 276C(2) quashed as the assessee had though not paid due income tax along with return but later deposited…