The Delhi High Court ruled that parallel GST proceedings are not allowed, citing Section 6(2)(b) of the CGST Act, if the Central GST Department has already adjudicated the matter.
The Kerala High Court ruled that rectification is warranted when the GST Department issues contradictory orders on the same issue, even if the application is via email.
The Jharkhand High Court criticized a Hazaribagh Magistrate for remanding a 66-year-old to custody, ignoring Supreme Court bail guidelines for accused after cognizance.
Introduction The International Accounting Standards Board (IASB) has taken a significant leap towards enhancing transparency and comparability in financial reporting with the issuance of IFRS 18 – Presentation and Disclosure in Financial Statements, replacing the longstanding IAS 1. The new standard, issued in April 2024 and effective from 1 January 2027, is not merely a […]
Stay informed on India’s latest regulatory changes from June 16-22, 2025. This summary covers Income Tax exemptions, GST amendments, Customs duties, SEBI market reforms, and MCA/IBBI updates.
Understand India’s mandatory CSR law under the Companies Act, 2013, covering applicability, spending requirements, eligible activities, and compliance.
Minutes from an EGM detailing the unanimous resolution to increase authorized share capital and amend the company’s Memorandum of Association.
Mumbai ITAT grants relief to senior citizen Neeta Rohit Patel, quashing interest under Sections 234B & 234C on exempt partnership income. Landmark ruling clarifies advance tax exemption.
This paper aims to: 1.Compare the latest amendments introduced by the Finance (No.2) Act, 2024 with the law that existed previously; 2. Analyze the intent and rationale behind the legislative changes; 3. Discuss the practical scope and implications of the new provisions on reassessment proceedings.
Join CA Ruchika Bhagat on June 29, 2025, for a webinar on NRI taxation. Learn about residential status, taxable income, DTAA, TDS, and compliance.
