• negotiable instrument act

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

5 days 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

5 days 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

5 days 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

5 days 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

1 week 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

1 week ago

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

  • GST

FAQs for HSNS Cess Act, 2025 and HSNS Cess Rules, 2026

2 weeks ago

FAQs for HSNS Cess Act, 2025 and HSNS Cess Rules, 2026 Q1. Who is required to get registered under the…

  • Income Tax

Refusing to condone delay can result in a meritorious matter thrown out at threshold

2 weeks ago

Refusing to condone delay can result in a meritorious matter thrown out at very threshold against case being decided on…

  • Income Tax

Prior period income cannot be considered as income of the current year

2 weeks ago

When prior period expenses are not admissible as deduction, following the same principle the prior period income also cannot be…

  • Income Tax

SC condoned delay of 972 days in filing appeal due to restructuring in Department

2 weeks ago

Supreme Court condoned delay of 972 days in filing appeal due to restructuring in Income Tax Department In a recent…