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ITR / Tax Audit due date extension – Would Rajasthan and Karnataka High Court orders force Govt./CBDT to extend the date? or they would challenge them in Supreme Court? Rajasthan High Court directs CBDT to issue notification to extend TAR date to 31.10.2025 and Karnataka High Court has …

No claim for compound interest could be made in an arbitral award where MoU between the parties did not stipulate compounding of interest. In a recent judgment, the Hon’ble Supreme Court has held that no claim for compound interest could be made in an arbitral award where MoU …

For communications made using public option in CBIC’s eOffice application, the verifiable eOffice ‘Issue number’ shall be deemed to be the Document Identification Number CBEC clarifies requirement of Document Identification Number (DIN) in Communication   to   taxpayers CBEC Circular No. 122/41/2019- GST dated 05th November 2019 and Circular No. …

Do CAs have a case for demanding extension of Tax Audit and ITR dues date forget about a pen down strike?  Like any other occasion, demands are pitched by Chartered Accountants for extension of due dates for filing Tax Audit Report and ITR for AY 2025-26.  Even, the …

CBDT waives demand raised up to 31.12.2025 of tax on income chargeable to tax at special rates where new tax regime had been opted.  Order under section 119 of the Income-tax Act, 1961 for waiver of interest payable under section 220(2) due to late payment of demand, in …

Unless the delay in filing is condoned, the appeal cannot be said to have come into existence in the eyes of law. In a recent judgment, Hon’ble High Court has held that limitation is jurisdictional issue. unless the delay in filing is condoned, the appeal cannot be said …

MCA further allows conducting AGMs/EGMs by through video conferencing (VC) or other audio visual means (OAVM) Ministry of Corporate Affairs at several occasions clarified about holding Annual General Meetings/Extra-ordinary General Meetings through video conferencing (VC) or other audio visual means (OAVM). The circulars issued in this regard are …

Mentioning different place of loading of goods in the e-way bill generated from the common portal held violation of section 129 of CGST Act, 2017. In a recent judgment, Hon’ble High Court has held that mentioning different place of loading of goods in the e-way bill generated from …

ITAT to examine AMCs to find out whether TDS is required to be deducted under Section 194C or 194J In a recent judgment, Hon’ble Bombay High Court remanded case for re-examination of the AMCs to find out whether TDS ought to have been deducted under Section 194C or …

Money accumulated by fraud and deception not income from trade and business but is proceeds of crime – High Court In a recent judgment, Hon’ble Delhi High Court has held that money accumulated by fraud and deception can not be said to have been earned by trade and …