• Companies Act

MCA amends rules regarding Directors KYC and updation

5 months ago

MCA amends rules regarding Directors KYC and updation MINISTRY OF CORPORATE AFFAIRSNOTIFICATION New Delhi, the 31st December, 2025 G.S.R. 943(E).—In…

  • ICAI

ICAI again defers Phase IV of Peer Review Mandate to 31.12.2026

5 months ago

Deferment of ICAI Phase IV Peer Review Mandate to 31.12.2026 The ICAI has decided that Phase IV of the Peer…

  • Income Tax

When foundation of reopening does not survive, no addition can be made for other issues

5 months ago

When foundation of reopening does not survive, no addition can be made in respect of other issues - ITAT In…

  • GST

GST Advisory & FAQs on Electronic Credit Reversal & Re-claimed Statement & RCM Liability

5 months ago

GSTN Advisory & FAQs related to Electronic Credit Reversal and Re-claimed Statement and RCM Liability/ITC Statement To ensure correct and…

  • Income Tax

Negligence of tax payer would not make exempt income taxable – ITAT

5 months ago

It is well settled that if any receipt cannot be subjected to tax being exempt under law, negligence of any…

  • GST

For a notice sent by GSTN Portal no inference may be drawn as to its actual service

5 months ago

Since UPGST Authorities unable to inform when notice sent by GSTN Portal may have been retrieved or downloaded, no inference…

  • Income Tax

Cash deposit of Rs. 250000 cr (credit) misread as crores by AO – Plea declined

5 months ago

High Court declines plea of assessee that Income Tax Department wrongly read amount of cash deposit of Rs. 250000 Cr…

  • Income Tax

Discontinuance of business of firm will not vest ownership of firm’s property with partners

5 months ago

Discontinuance of business of partnership firm will not result in vesting ownership of firm's property with individual partners for capital…

  • Income Tax

Release of seized jewellery/gold u/s 132B within 120 days is directory not mandatory

5 months ago

Stipulation of 120 days for release of seized jewellery/gold u/s 132B is directory not mandatory – Delhi High Court In…

  • ICAI

ICAI issues FAQs on key accounting implications arising from New Labour Codes

5 months ago

FAQs on key accounting implications arising from the New Labour Codes Recently, Government consolidated existing labour laws into four new…