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Archive: 12 August 2025

Posts in 12 August 2025

GST Advance Ruling Can’t Decide Classification of Imports: AAR Tamil Nadu

August 12, 2025 678 Views 0 comment Print

Summary of the Tamil Nadu GST AAR ruling for Sundaram Industries on the classification of imported goods and the jurisdiction of the authority.

SEBI Proposes New Fee Structure for RTAs

August 12, 2025 756 Views 0 comment Print

SEBI has released an addendum proposing a new, unified fee structure for Registrars to an Issue and Share Transfer Agents (RTAs) and seeks public comments.

ICAI Expands Mandatory Audit Quality Model Scope

August 12, 2025 24759 Views 0 comment Print

The ICAI has expanded the mandatory scope of its Audit Quality Maturity Model (AQMM) to include more firms in a phased manner, starting in 2026.

E-Way Bill Portals Get Enhanced Interoperability

August 12, 2025 3123 Views 1 comment Print

The NIC has enabled new criss-cross features between E-Way Bill portals 1 and 2, including Part B updates for Part A slips, extensions, and transporter updates.

Silent Observer: India’s Unregulated AI Surveillance Landscape

August 12, 2025 972 Views 0 comment Print

India’s growing reliance on surveillance technologies has created a multifaceted dilemma. While these technologies can improve governance and security, they also pose significant threats to civil liberties and individual privacy.

Judges Should Not Exhibit A Bloodthirsty Approach: Calcutta HC

August 12, 2025 381 Views 0 comment Print

A Calcutta High Court bench commuted a man’s death sentence, stating judges should avoid a “bloodthirsty” approach. The court emphasized reformation and cited the man’s young age as a mitigating factor.

SEBI Approves Mutual Fund Units as Alternative to Bank Deposits for IAs & RAs

August 12, 2025 879 Views 0 comment Print

SEBI allows Investment Advisers and Research Analysts to use liquid or overnight mutual funds to meet their deposit requirements, providing an alternative to bank deposits.

Income-Tax (No. 2) Bill, 2025: Introduced In Lok Sabha on 11th August, 2025

August 12, 2025 8532 Views 0 comment Print

Income-Tax (No. 2) Bill, 2025, proposes to amend and consolidate income tax law, covering a range of topics from basic definitions to complex tax avoidance rules.

Key Changes to MCA Annual Forms MGT-7A & AOC-4

August 12, 2025 18372 Views 0 comment Print

MCA has updated annual forms MGT-7A and AOC-4 with new requirements for business activity codes, registered office details and shareholder information.

ITAT Delhi quashes reassessment for quoting repealed section & granting mechanical Approval

August 12, 2025 567 Views 0 comment Print

The ITAT Delhi has quashed a reassessment order against Sumit Suneja, finding that the AO quoted a repealed section of law and received a mechanical, undated approval.

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