The article explains major transitional issues arising from the shift from the Income-tax Act, 1961 to the Income-tax Act, 2025. It highlights CBDT FAQs, Section 536 implications, appeal procedures, ...
The article explains how audit and accounting systems help maintain financial transparency, accountability, and investor ...
IFSCA has advised regulated entities in the IFSC dealing with retail consumers to publish Consumer Charters on their websites ...
DGFT notified the enlistment of fourteen new Pre-Shipment Inspection Agencies under Appendix-2G of FTP 2023. The agencies are now authorized to issue Pre-Shipment Inspection Certificates through the ...
The ITAT held that reassessment notices issued on 25.07.2022 were time-barred since the Revenue had only one surviving day left under the Supreme Court’s Rajeev Bansal limitation ...
The article examines whether income tax, GST, and capital gains taxation are placing excessive pressure on hardworking taxpayers. It highlights concerns about high compliance costs, cash flow issues, ...
Pune ITAT held that accounting reclassification entries and journal adjustments require proper verification before being ...
CESTAT Ahmedabad ruled that before the 2016 amendment, there was no prohibition under the Cenvat Credit Rules against using basic excise duty credit for payment of NCCD. The Tribunal dismissed Revenue ...
The compliance calendar provides a consolidated list of regulatory filings applicable to SME listed companies under SEBI regulations and NSE circulars. It includes timelines, provisions, and filing ...
The Tribunal rejected the Department’s approach of granting interest only on 7.5% statutory pre-deposit. It held that interest was payable on the entire ₹15 lakh deposited during ...
Pune ITAT observed that reassessment proceedings initiated beyond three years may not be maintainable where the alleged escaped income is below ₹50 lakh. The matter was remanded for verification of ...
Madras High Court directed authorities to defer GST proceedings relating to royalty and seigniorage fees for quarrying minerals until the Supreme Court decides the larger dispute. The petitions were ...