ITAT Kolkata invalidates reassessment in Pradip Kumar Jajodia HUF case, citing lack of tangible evidence for alleged bogus LTCG on penny stock transactions.
RBI directs agency banks to stay open on March 31, 2025, for government transactions, ensuring financial year-end payments and receipts are processed on time.
SEBI proposes a mechanism to manage unclaimed client funds and securities with Trading Members. Public comments invited until March 4, 2025.
SEBI issues guidelines for stock brokers to access NDS-OM for Government Securities trading under Separate Business Units. Compliance and safeguards detailed.
DGFT mandates electronic Certificates of Origin via Trade Connect. Manual certificates issued after deadlines will be invalid and may face customs rejection.
ICAI issues updated Merger and Demerger Guidelines 2024 to streamline processes for CA firms, encouraging strategic mergers. Effective immediately.
ICAI to begin live virtual classes from Feb 13 for CA Foundation May & Sept 2025 exams. Interactive sessions with recorded lectures & study materials.
Supreme Court rejects SLP of Goverdhandham Estate against Rajasthan HC’s decision in GST dispute over ITC eligibility on elevators and ACs.
Learn about Section 128A of CGST Act, introduced to reduce litigation in non-fraud cases, covering tax waivers, notified dates, conditions, and Rule 164 provisions.
Learn how to address GST notices on excess ITC claimed in GSTR-3B compared to GSTR-2B with structured replies, reconciliation steps, and supporting documents.