• arbitration

Application for setting aside arbitral award on next working day within limitation period

12 months ago

Application for setting aside arbitral award u/s 34 of the Arbitration and Conciliation Act, 1996 filed on the next working…

  • Income Tax

No Penalty u/s 270A on the basis of difference in FMV determined by the DVO

12 months ago

No Penalty can be imposed u/s 270A by AO on the basis of difference in fair market value determined by…

  • arbitration

Under Arbitration Act 1940, general contract term no bar to grant Pendente lite interest.

12 months ago

Under Arbitration Act 1940, clauses in contract merely barring contractor from claiming interest is no bar on arbitrator to grant…

  • RBI

RBI master direction on interest/penalty on various deposits held in banks

12 months ago

RBI has issued a master direction on payment of interest and levy of penalty on various deposits held in banks …

  • Income Tax

No reopening can be done once order is passed by Settlement Commission

12 months ago

Order of Settlement Commission is conclusive and final in respect of the relevant assessment year and AO have no jurisdiction…

  • RBI

FAQs & Master Circular on Payment of Pension to Central Govt. employees by Banks

12 months ago

RBI issues FAQs and Master Circular on Payment of Pension to Central Government Pensioners by Authorised Banks Payment of pension…

  • GST

Supplier ordered to compensate assessee GST demand & penalty for ITC not reflecting

12 months ago

Supplier ordered to compensate assessee GST demand & penalty imposed upon him due to GST paid to supplier was not reflecting…

  • Income Tax

Revised Excel Form 3CD Tax Audit Report Format for AY 2025-26. Download Revised Report

12 months ago

Revised Excel Form 3CD Tax Audit Report for AY 2025-26. Download Revised Tax Audit Report with Annexures Revised Form 3CD…

  • Excise/Custom

Electronic processing for gems/jewellery for personal carriage by air passengers

12 months ago

CBIC introduces electronic processing of Bill of Entry/ Shipping Bill pertaining to gems and jewellery through personal carriage by air…

  • Finance Ministry

Finance Act 2025 receives assent of the President on the 29th March, 2025

12 months ago

Finance Act 2025 receives assent of the President on the 29th March, 2025 The Union Finance Minister MS Sitharaman had…