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High Court grants bail under the provisions of BNSS, 2023 in a case registered under Section 132 of the Punjab Goods and Services Tax Act, 2017. In a recent judgment, Hon’ble High Court of Punjab & Haryana has granted bail to the assessee under the provisions of Bharatiya …
The Immigration and Foreigners Act, 2025 has received the assent of the President on the 4th April, 2025. The Act introduces significant reforms to regulate the entry, stay, and exit of foreigners in India. The key highlights of the Indian Immigration and Foreigners Act, 2025 are as under: …
Withdrawal of deposits under NSS or deferred annuity plan exempted from TDS under section 194EE Section 194EE of the Income Tax Act, 1961 (the Act) provides for deduction of tax at source (TDS) @ 10 per cent in respect of deposits under National Savings Scheme or payment to …
Eligibility requirements for applying September 2025 and January 2026 Chartered Accountants final examinations. ICAI has published the following eligibility requirements for applying September 2025 and January 2026 Chartered Accountants final examinations: Eligibility requirements for September 2025 / January 2026 CA Final examinations: September 2025 Exam January 2026 …
Invoice/document numbers to be case-insensitive for the purpose of IRN generation w.e.f 01.06.2025 GSTN Advisory on Case Sensitivity in IRN Generation As per Rule 48(4) of CGST Rules, notified class of registered persons have to prepare invoice by uploading specified particulars of invoice (in FORM GST INV-01) on …
Cash Advance received by the assessee and not doubted by AO can’t be rejected as source of cash available for deposits in bank – ITAT In a recent judgment, ITAT Agra held that when Assessing Officer (AO) accepted the advance received from customers in cash as genuine and …
Medical benefit to retired beneficiaries under Employee State Insurance – Draft Regulations Employee State Insurance Corporation has notified draft Employees’ State Insurance (General) Amendment Regulations, 2025. The draft regulations proposes to provide for Medical benefit to retired beneficiaries as under: Regulation 103AA: Medical benefit to retired beneficiaries 1. …
CBDT sets deadline of PAN and Aadhaar linking to 31.12.2025 in cases where PAN were allotted on the basis of Enrolment ID of Aadhaar application form filed prior to the 1st day of October, 2024. CBDT has issued two Notifications for linking of PAN to Aadhaar where Permanent …
Application for setting aside arbitral award u/s 34 of the Arbitration and Conciliation Act, 1996 filed on the next working day of the court, was within limitation period – Supreme Court In a recent judgment, Hon’ble Supreme Court has held that the application for setting aside arbitral award …
No Penalty can be imposed u/s 270A by AO on the basis of difference in fair market value determined by the DVO on estimation basis with the sale deed price. In a recent judgment, ITAT Chennai has deleted Penalty under section 270A imposed by AO on the basis …
