The Institute of Chartered Accountants of India has officially established a new branch of its Western India Regional Council in Gondia District, Maharashtra, effective August 13, 2025.
Rajasthan High Court held that amendment to notification dated 10.07.2019 made vide notification dated 24.02.2021 by adding new category ‘Sleeper Bus’ is valid. Accordingly, levy of motor vehicle tax on ‘Sleeper Bus’ upheld.
ITAT Bangalore held that SanDisk India [Western Digital India] is not a Dependent Agency Permanent Establishment [DAPE] of SanDisk Ireland and hence the assessee income is not chargeable to tax in India.
Learn about the recent system enhancement to the GST portal for claiming order-based refunds. Taxpayers can now claim refunds for negative balances in minor heads, even if the overall demand ID is zero or positive.
Finance Ministry extends duty-free import of raw cotton from 30 Sept 2025 to 31 Dec 2025, supporting domestic textile and cotton industries.
SEBI issues new clarifications on its Cybersecurity and Cyber Resilience Framework, introducing principles for entities under multiple regulators.
NCLAT Chennai held that as per the Insolvency and Bankruptcy Code [IBC] there is no provision to ‘provisionally’ constitute the Committee of Creditors [CoC]. Thus, CoC once constituted is final and cannot be revised by IRP.
FSSAI’s new notification names 60 officers as Food Safety Officers for Fortified Rice Kernel. The appointments are an amendment to a previous notification.
Calcutta High Court held that DRAT order dismissing appeal of MSME upheld since MSME did not avail of the facilities and allowed the Securitization and Reconstruction of financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 to run its course, then it is not entitled to any protection.
Refund of CENVAT Credit was permissible on input services used in export, even if the exported output service was not taxable during the relevant period.
