ICAI has announced the CA Intermediate and Foundation results for January 2026, revealing a low pass percentage, particularly in Intermediate exams. The results highlight nationwide toppers and provide key insights into exam performance trends.
The Kerala High Court ruled that land granted exemption under the Kerala Land Reforms Act for commercial or industrial use cannot be subjected to restrictions under the Paddy Land Act in the specific circumstances of the case.
The Kerala High Court held that a municipality cannot deny a building permit when the District Level Authorised Committee has permitted conversion of paddy land for residential construction. The Court directed reconsideration of the permit application.
Explains how GST applies to under-construction properties while completed properties remain outside its scope. The article highlights key GST rates, compliance rules, and their impact on developers and homebuyers.
The Supreme Court expressed strong disappointment over repeated adjournments of bail applications and stressed that matters involving personal liberty must be prioritized and decided promptly.
The appellate authority allowed disclosure of internal file notings but refused to release documents submitted by valuers, holding them exempt under Section 8(1)(d) of the RTI Act due to commercial confidentiality.
ROC Patna penalised a company and its directors after the annual return for FY 2022–23 remained unfiled, holding it a violation of Section 92 of the Companies Act.
ROC Patna penalised a company and its directors after the annual return for FY 2021–22 remained unfiled, holding it a violation of Section 92 of the Companies Act.
Explains how GST scrutiny under ASMT-10 can escalate into demand notices under Sections 73, 74 or 74A when discrepancies in returns remain unresolved.
The DRT Delhi held that prepayment charges cannot be levied when a bank recalls a loan and the borrower has not voluntarily offered early repayment. The recovery claim was reduced after excluding such charges.
