IBBI Disciplinary Committee reviews the case of Insolvency Professional Anil Kumar Mittal for excessive fees during CIRP proceedings of M/s Divineseair Logistics.
IBBI releases Phase 9 syllabus for Limited Insolvency Examination. Applicable from May 5, 2025, details available on the IBBI website.
DGFT revises wastage norms and SION for jewellery exports under Handbook of Procedures, 2023. Updates include gold, silver, and platinum manufacturing details.
CBIC appoints Commissioner of Customs (Adjudication), Mumbai for adjudication of supplementary notice involving 30 noticees, as per Notification No. 08/2025.
Overview of Competition Commission of India’s decision on Maulik Surani’s allegations against Google for anti-competitive practices in ad-tech services.
Gujarat AAAR rules that pre-packaged food sold by Riddhi Enterprise is a supply of goods, not restaurant service, and subject to applicable GST with ITC benefits.
Income Tax Act amendments propose penalties by Assessing Officers instead of Joint Commissioners. Omission of section 271BB and changes to section 246A included.
The Finance Bill, 2025 extends the time limit for filing updated returns to 48 months, with varying additional taxes based on filing time.
Learn about proposed changes to Sections 72A and 72AA of the Income Tax Act limiting carry forward of losses post-amalgamation to 8 years, effective April 2026.
Learn about tax benefits under Section 80CCD for NPS Vatsalya contributions. Includes details on deductions, withdrawals, and related income tax amendments.
