EPFO simplified PF withdrawal rules by reducing categories and easing eligibility, but most claims continue to fail because of KYC errors, incorrect records, and employer-related issues rather than ineligibility.
The Supreme Court held that borrowers lose their statutory right of redemption once a valid auction notice is published under Section 13(8) of the SARFAESI Act. The ruling strengthens creditor certainty and reinforces efficient debt recovery.
The Supreme Court held that applications to extend an arbitral tribunals mandate under Section 29A must be filed before the Court defined in Section 2(1)(e), not the High Court that appointed the arbitrator. The ruling resolves conflicting judicial views on jurisdiction.
ICAI has announced a four-day virtual guidance programme beginning 20 August 2026 for CA Intermediate students. The sessions will provide subject-wise exam preparation strategies, revision guidance, and paper-specific tips.
The document clarifies that a director’s resignation becomes effective upon receipt by the company or the specified future date, without requiring Board approval. It also explains the statutory compliances and continuing liabilities after resignation.
The Food Safety and Standards Authority of India (FSSAI) has notified the Food Safety and Standards (Licensing and Registration of Food Businesses) Second Amendment Regulations, 2026, effective from the date of publication in the Official Gazette. The amendments follow public consultation on the draft regulations issued in January 2026 under Section 92 of the Food […]
The Bombay High Court ruled that exports classified as “restricted” remain eligible for RoDTEP benefits when carried out with specific government authorization. The Court held that regulatory restrictions do not amount to a prohibition and directed grant of benefits with 6% interest.
Understand who must undergo a tax audit under Section 44AB, the applicable turnover limits, audit forms, filing procedure, due date, and penalties for non-compliance. This guide explains the key compliance requirements for businesses and professionals.
ITAT Delhi held that an assessment framed after an approved merger in the name of the amalgamating company was without jurisdiction. The assessment order and DRP directions were set aside because the company had ceased to exist.
ITAT Mumbai allowed deduction of ESOP expenses under Section 37(1) by following Karnataka High Court’s ruling in Biocon Ltd. Tribunal directed Assessing Officer to allow expenditure for relevant assessment year
