• Income Tax

Date of digital signature and issue determines date of a notice u/s 148 of Income Tax Act

4 months ago

Date of digital signature and issuance determines the date of a notice u/s148 of the Income Tax Act - ITAT…

  • DGFT

DGFT authorises IACCIA to issue Certificate of Origin (Non- Preferential)

4 months ago

DGFT authorises IACCIA to issue Certificate of Origin (Non- Preferential) w.e.f. 9th January 2026 In exercise of powers conferred under…

  • Income Tax

Net profit rate may not have variation commensurate to increase of turnover

4 months ago

Net profit rate may not per se experience variation commensurate to the increase of turnover. In a recent judgment, Allahabad…

  • Excise/Custom

Mushroom growing apparatus cannot be classified as ‘agricultural machinery’

4 months ago

Mushroom growing apparatus cannot be classified as ‘agricultural machinery’ under Customs Tariff Heading 8436. In a recent judgment, Hon'ble Supreme…

  • negotiable instrument act

Statutory presumption attached to issuance of a cheque to be accorded due weight – SC

4 months ago

Statutory presumption attached to issuance of a cheque, being one made in discharge of a legally enforceable debt or liability,…

  • tender

Highest bid can’t be discarded on mere expectation of even more higher bid

4 months ago

Merely because the authority conducting auction expects higher bid than the highest bidder is no reason to discard the highest…

  • Companies Act

Limitation Act 1963 not apply to quasi-judicial bodies or tribunals unless empowered

4 months ago

Provisions of the Limitation Act, 1963 not apply to quasi-judicial bodies or tribunals, unless they are specifically empowered in that…

  • RBI

RBI notifies the Foreign Exchange Management (Guarantees) Regulations, 2026

4 months ago

RBI notifies the Foreign Exchange Management (Guarantees) Regulations, 2026 RBI has notified the Foreign Exchange Management (Guarantees) Regulations, 2026. The…

  • RBI

RBI specifies ‘Related Party’ with respect to banks

4 months ago

RBI specifies ‘Related Party’ with respect to bank RBI has issued RBI Credit Risk Management Directions, 2025 defining ‘Related Party’…

  • GST

Advisory on Filing Opt-In Declaration for Specified Premises, 2025

4 months ago

Advisory on Filing Opt-In Declaration for Specified Premises, 2025 Dear Taxpayers, The relevant declarations issued vide Notification No. 05/2025 –…