The issue involved a media report alleging low returns and poor salaries for Chartered Accountants. The Institute clarified that the profession offers high demand, strong salaries, and diverse opportunities, correcting the misleading narrative.
The issue was whether a refund rejection without hearing is valid. The Court held that ex parte orders violating procedure are unsustainable and restored the application for fresh consideration.
The issue was whether a vague notice could justify cancellation of GST registration. The Court held that lack of material particulars invalidates the notice and order, leading to restoration of registration.
The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and removing redundancies without changing core policies.
The Authority declined to hear the case as the applicants address fell outside its jurisdiction. It held that jurisdiction must be determined strictly based on the address provided.
NBFCs can retain or upgrade borrower accounts to standard upon resolution plan implementation. The amendment balances borrower relief with prudential safeguards.
The issue is whether interest on GST refunds should start from a fresh application after appeal. Courts have held that interest must be calculated from the original application date.
The issue is the replacement of Form 30C under the new tax regime. The update introduces Form 156 with revised procedures and compliance requirements. The key takeaway is that taxpayers must follow the new format for NOC applications from 2026 onwards.
This guide explains who can apply for SISFS and the financial support offered. It highlights that early-stage startups receive funding for proof of concept and commercialization.
The issue is understanding complex NPS rules, tax benefits, and recent updates. The framework clarifies withdrawal flexibility, tax treatment, and eligibility.
