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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 …
Excel Form 10E-Salary Arrears Relief calculator AY 2025-26 (FY 2024-25) for claiming rebate under section 89(1) of Income Tax Act 1961-Download As per section 89(1) of the Income Tax Act, 1961 relief for income tax has been provided when in a financial year an employee receives salary in …
Under Arbitration Act 1940, clauses in contract merely barring contractor from claiming interest is no bar on arbitrator to grant Pendente lite interest. In a recent judgment, the Hon’ble Supreme Court had upheld grant of Pendente lite interest by the Arbitrator holding that under the provisions of the 1940 …
RBI has issued a master direction on payment of interest and levy of penalty on various deposits held in banks Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2025 The said Directions provide a framework for banks to follow while formulating their policies on …
