Latest Articles
Will proposed ISA 600 by NFRA put end to company audits by small & mid sized audit firms!
Corporate Law : ISA 600 draft may impact small audit firms in India by concentrating audit work among larger firms. A balanced approach is needed ...
Holding Period for Residential Properties: Allotment or Agreement? A Comparative Analysis
Income Tax : Understand when the holding period for residential property starts: date of allotment vs. date of agreement. Learn its impact on c...
Annual Compliance Calendar for Companies for Financial Year 2023-24
Company Law : Stay compliant with FY 2023-24 deadlines. Key dates for AGM, financial statements, and ROC filings. Ensure timely actions to avoid...
Reversing Corporate Law: Shareholder Sovereignty and Investor Personhood
Corporate Law : Explore how investor personhood is reshaping corporate law, emphasizing shareholder freedom and intrinsic value beyond financial r...
Process of GST Registration
Goods and Services Tax : Learn about the GST registration process, required documents, and exemptions under India's GST Act, 2017. Understand who needs to ...
Latest News
SEBI proposes Maintenance of Record of Mandatory Communication By Regulated Entities
SEBI : SEBI seeks public comments on a proposal to mandate regulated entities to maintain records of mandatory communications for up to e...
SEBI Consultation Paper on Public Interest Directors’ Appointment
SEBI : SEBI seeks feedback on proposals for improving the appointment process of Public Interest Directors (PIDs) on Market Infrastructur...
SEBI proposes amendments to Merchant Bankers Regulations, 1992
SEBI : SEBI seeks feedback on proposed amendments to Merchant Bankers Regulations, 1992, addressing regulatory updates, capital adequacy,...
SEBI Proposes Mandatory UPI Block Mechanism for Trading
SEBI : SEBI seeks public feedback on making UPI block mechanism mandatory for secondary market trading by Qualified Stock Brokers (QSBs) ...
Educational Loan Facility to ICSI Students by Canara Bank
Corporate Law : Canara Bank offers educational loans to ICSI students with no collateral up to Rs 7.5 Lakhs, lower interest rates, and easy proces...
Latest Judiciary
Failure to conduct enquiry resulted into order being erroneous and prejudicial hence revision u/s. 263 sustained
Income Tax : ITAT Ahmedabad held that assessment order passed by AO without conducting adequate inquiry is erroneous and prejudicial to the int...
Trust granted one more opportunity to represent correct fact for registration u/s. 12AB of Income Tax Act
Income Tax : ITAT Jaipur held that with regard to the issue of registration u/s. 12AB of the Income Tax Act, the assessee require one more oppo...
Revisionary power u/s. 263 rightly invoked as AO failed to conduct proper enquiry during original assessment
Income Tax : ITAT Ahmedabad held that invocation of revisionary power under section 263 of the Income Tax Act sustained as AO failed to conduct...
Addition not sustained in absence of incriminating material during search: ITAT Pune
Income Tax : ITAT Pune held that addition in respect of share capital not sustainable as no incriminating material found during course of searc...
Proceedings u/s. 153C should be initiated based on material found at premises of another company
Income Tax : ITAT Ahmedabad held that initiation of proceedings u/s. 147 of the Income Tax Act based on material found during search of another...
Latest Notifications
DGFT Announces Amendments to Appendix-4J of Handbook of Procedures, 2023
DGFT : DGFT updates Appendix-4J in Handbook of Procedures, revising export obligation periods for various import items to streamline proc...
RBI Introduces Scheme for Sovereign Green Bonds in IFSC
Fema / RBI : The RBI launches a new scheme for trading and settlement of Sovereign Green Bonds in India IFSC, allowing foreign investors to par...
RBI Extends Interest Equalization Scheme for MSME Exporters
Fema / RBI : RBI extends Interest Equalization Scheme on Rupee Export Credit for MSME exporters until August 31, 2024, with a cap of ₹1.66 Cr...
ICAI Fines CA for Accepting Audit Assignment Without Previous Auditor’s NOC
CA, CS, CMA : CA Nishant Agarwal fined Rs. 25,000 for professional misconduct under the Chartered Accountants Act, 1949. Charges include imprope...
CA Guilty of Professional Misconduct for Issuing Building Material Invoices in Firm’s Name: ICAI
CA, CS, CMA : ICAI finds CA Akshay Mittal guilty of professional misconduct involving non-compliance with ethical standards and imposes a fine o...
Latest Downloads
FAQs
Explore the Authority for Advance Ruling under Income Tax. Learn about binding rulings, withdrawal procedures, application fees, and the purpose of advance rulings. Stay informed for a clear understanding of your tax liabilities.
Starting September 1, 2024, update bank details on GST portal to avoid filing issues. Learn about Rule 10A, its importance, and update process.
Understand key aspects of advance tax, including compliance, payment due dates, revisions, and liabilities. Learn who is exempt from paying advance tax.
Understand the requirements, due dates, and penalties for filing the Statement of Financial Transactions (SFT) under Section 285BA of the Income-tax Act, 1961.
Learn what PAN is, its uses, benefits, and how to apply for it. Discover the requirements, application process, and the importance of linking Aadhaar.