Latest Articles
Prohibited transaction in cash/limit on cash transactions
Income Tax : The Income-tax Act contains strict provisions under Sections 40A(3), 269SS, 269ST, 269SU, and 269T to regulate cash transactions, ...
10 Costly Mistakes to Avoid While Filing ITR
Income Tax : Learn about the most common Income Tax Return filing errors that can attract scrutiny from the tax department. From AIS mismatches...
Conversion of LLP to Private Limited Company: Legal Framework & Procedure
Company Law : Discover why LLPs convert into Private Limited Companies to attract investors, introduce ESOPs, and access Startup India benefits....
Understanding Income from Other Sources in Taxation
Income Tax : Income from Other Sources encompasses various taxable receipts such as dividends, gifts, family pension, lottery winnings, interes...
Illegal Police Detention Violates Article 21- Right to Life & Liberty: Allahabad HC
Corporate Law : Allahabad High Court ruled that unlawful police custody directly infringes fundamental right to life and liberty under Article 21....
Latest News
CA Final Live Virtual Classes for May 2027 and November 2027 Examinations
CA, CS, CMA : ICAIs Board of Studies has announced free Live Virtual Classes for CA Final students appearing in May and November 2027 examinatio...
Govt Prescribes Standard Edible Oil Pack Sizes to Improve Price Comparison for Consumers
Corporate Law : The government has exempted smaller edible oil packs and minor edible oils from standardisation requirements. The exemption is aim...
Empanelment with Punjab & Sind Bank for Concurrent Audit: Last Date 15/06/2025
CA, CS, CMA : Apply for concurrent audit assignments at Punjab & Sind Bank for the year 2025-26. Criteria include FCA partner, RBI panel selecti...
Pension Reforms in the Era of Digitalisation: Balancing Flexibility and Assurance
Corporate Law : The address highlights how Aadhaar, UPI, eNPS, and other digital tools are transforming pension enrolment and service delivery. It...
Govt Announces Measures to Deepen G-Sec Market & Boost FPI in Equities
Finance : The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 ...
Latest Judiciary
ITAT Deletes section 69 Addition as Revenue Failed to Prove Investment in Relevant Year
Income Tax : The Mumbai ITAT held that an addition under section 69 cannot survive when the Revenue fails to establish that the alleged investm...
CESTAT Allows CENVAT Credit as Rule 16 Not Requires Goods to Be Returned to Same Buyer
Excise Duty : CESTAT Mumbai held that Rule 16(2) of the Central Excise Rules does not mandate that remanufactured goods be supplied back to the ...
Madras HC Quashes GST Demand as Sale of Land Is Outside GST Purview
Goods and Services Tax : The Court observed that the documents produced indicated a sale of immovable property, which is not subject to GST. The matter was...
Madras HC Remands GST Demand Orders Due to Alleged Non-Consideration of Taxpayer Replies
Goods and Services Tax : The Madras High Court remitted Section 74A GST orders for fresh adjudication after taxpayers argued that their replies to DRC-01 n...
Service Tax Not Payable under Support Service as Railways Merely Licensed Advertisement Space
Service Tax : The Tribunal observed that payment of licence fees for exclusive use of demarcated spaces amounted to renting of immovable propert...
Latest Notifications
Nil Customs Duty on Goods Under Tariff Item 26020010 under India Australia ECTA
Custom Duty : The Central Government has amended Notification No. 62/2022-Customs to prescribe a 0% Basic Customs Duty on all goods falling unde...
Common Adjudicating Authority Appointed for SVB SCNs – Koinone Polytech
Custom Duty : CBIC has designated a common adjudicating authority to decide several customs show cause notices issued by different commissionera...
IBBI RTI Appeal Disposed as Information Was Ultimately Provided Despite One-Day Delay
Corporate Law : The First Appellate Authority noted that the CPIO exceeded the statutory RTI timeline by one day. However, since the requested clo...
IBBI Suspends Insolvency Professional for One Year Over Repeated Compliance Failures
Corporate Law : The IBBI held that prolonged failure to hold SCC meetings, delayed progress reporting, and repeated absence before the Adjudicatin...
GSTN Extends Timeline for ‘Ship To GSTIN’ & E-Way Bill Closure Implementation
Goods and Services Tax : GSTN has postponed the implementation of mandatory "Ship To GSTIN" capture and voluntary E-Way Bill closure to 1 August 2026. The ...
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FAQs
CDSCO registration is required for importing, manufacturing, or marketing regulated healthcare products in India. The approval ensures compliance with safety, quality, and regulatory standards.
The FAQ clarifies that the Companies Act, 2013 does not restrict adjournment of a duly convened and commenced AGM. An adjourned AGM is treated as a continuation of the original meeting rather than a fresh meeting.
This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. It explains when the Board, requisitionists, members, directors, or NCLT can validly step in to ensure corporate governance continues.
While permitting extensive investigations, the Court has clarified that allegations alone do not establish criminal liability. Any determination of guilt must be made through the judicial process after evidence is examined.
The Government has exempted interest and capital gains earned by FPIs on Government securities from income tax with effect from 1 April 2026. The reform aims to attract stable long-term foreign investment and make India’s debt market globally competitive.
