• Income Tax

When delay is not huge & involves huge monetary liability, lenient approach to be taken

3 weeks ago

When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…

  • SEBI

EoGM of company can not ratify diversion of fund raised by preferential issue – SC

4 weeks ago

Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…

  • Excise/Custom

Return of export cargo from Hormuz Strait where vessel do not lands at original port

4 weeks ago

CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…

  • Income Tax

Disallowance u/s 13(1)(c) can’t be made primarily that specified concerns earned higher profits.

4 weeks ago

Mere higher profit margins would not make payments made by Trust as diversion of funds for the benefit of the…

  • society

Chartered Accountant can’t be made an Inquiry Officer u/s 24 of Societies Registration Act 1860

4 weeks ago

Chartered Accountant can’t be made an Inquiry Officer under section 24 of Societies Registration Act 1860 – High Court In…

  • Government

Revised turnover threshold for grant of license/registration to food businesses in India

4 weeks ago

FSSAI revises turnover threshold for grant of license/registration to various food businesses in India under Food Safety and Standards (Licensing…

  • Government

Persons with Piped Gas connection to surrender domestic LPG connection immediately

4 weeks ago

Persons with Piped Gas connection to surrender domestic LPG connection and not to obtain a domestic LPG connection Amidst the…

  • Income Tax

Limitation u/s 201(3) for TDS defaults operate quarter-wise – High Court

4 weeks ago

Since TDS statements are filed on a quarterly basis, the computation of limitation for treating assessee in default u/s 201…

  • Companies Act

Pillar Two model rules – The Companies (Accounting Standards) Amendment Rules, 2026

4 weeks ago

Pillar Two model rules - MCA has notified the Companies (Accounting Standards) Amendment Rules, 2026 to amend Accounting Standard (AS)…

  • Income Tax

Addition can’t be made based on statement u/s 133A of husband who was employee of assessee

4 weeks ago

No addition can be made on the basis of the statement recorded during survey u/s 133A from the husband who…