The issue is how suppliers can charge GST at 0.05% or 0.1% on export-linked supplies. The key takeaway is that the benefit is conditional and depends entirely on strict compliance with notifications.
The issue is what triggers GST liability. It is held that only transactions qualifying as “supply” under law are taxable, making supply the decisive test.
The issue was whether a second reassessment could be initiated on the same facts already examined earlier. The Tribunal held that reopening based on a mere change of opinion is invalid and quashed the reassessment.
IBBI cancelled an insolvency professional’s registration for initiating personal guarantor insolvency without verifying or annexing the mandatory guarantee document.
ICAI has mandated a digital E-Diary for CA students starting articleship from January 2026. The move standardises training records, improves transparency, and enables real-time monitoring by principals.
SEBI has mandated uniform CTR and HYTR reporting formats for Specialized Investment Funds. The move ensures consistent monitoring of SIF compliance with mutual fund regulations and SIF-specific norms.
MCA now displays Small Company status directly in Company Master Data. The key takeaway is reduced ambiguity and faster compliance decisions—provided underlying financial data is accurate.
The issue was whether reassessment could be initiated beyond four years after a completed scrutiny assessment. The Tribunal held that reopening was barred as there was no failure to disclose material facts.
The issue was whether the Company Law Board could condone delay in appeals under Section 58(3). The Supreme Court held that CLB, being a quasi-judicial body, had no such power in absence of statutory authority.
The Tribunal examined whether a cash addition under section 69 could rest solely on an Excel sheet seized from a third party. It held the addition unsustainable due to lack of corroborative evidence and violation of natural justice.
