The Court held that reassessment proceedings cannot be quashed merely due to factual disputes. In absence of jurisdictional defect, the matter must be adjudicated by the Assessing Officer.
Relying on apex court precedents, the High Court ruled that ordinarily bail should be granted in CGST cases involving documentary evidence and limited punishment.
ICAI has introduced a mandatory registration framework for Global Networks between Indian CA entities and overseas firms. The Guidelines define compliance, ethical safeguards, reporting norms, and oversight mechanisms for cross-border professional collaboration.
The amendment sets mandatory measuring ranges and maximum permissible error limits for continuous clinical thermometers. Manufacturers must meet defined technical, safety, and calibration standards.
The new RBI framework requires Internal Ombudsman concurrence for complaint rejections, strengthening governance and customer protection in NBFCs.
TRAI requires all NBFC service and transactional calls to shift to the 1600 Trust Series by February–March 2026 to prevent fraud and improve customer trust.
Introduction: The Death of the Month-End Rush For nearly half a decade, the 14th of every month has been a day of reckoning for Indian tax departments. It is the day the GST portal generates the GSTR-2B, a static, auto-drafted statement that dictates exactly how much Input Tax Credit (ITC) a business can claim. However, […]
The Union Budget 2026 extends tax deductions for IFSC units to 20 years and provides a concessional 15% tax rate post-holiday, strengthening GIFT City’s global competitiveness.
A complete guide explaining the legal procedure, forms, timelines, and ROC approval process for changing a company name under the Companies Act, 2013.
The government introduces a 2.75% interest subvention on rupee export credit under a ₹25,060 crore mission. Benefits are capped at ₹50 lakh per IEC and apply to positive-listed HSN products.
