CESTAT Delhi allowed refund of pre-deposit, holding payment under a wrong Service Tax registration is a rectifiable defect and cannot defeat a valid refund.
IBBI cancelled an IP’s registration over systemic CIRP misuse, flawed valuations, non-disclosures, compliance failures and lack of due diligence.
ICAI has proposed revised minimum stipend rates for articled assistants based on city population while inviting stakeholder feedback before finalising the amendment.
CBDT has clarified that lessees need not deduct TDS on ship lease payments once the IFSC lessor submits Form 1(N), provided the Section 147 conditions are satisfied.
GSTN has clarified mandatory Ship-to GSTIN requirements, API changes and voluntary e-Way Bill closure before the proposed 1 August 2026 rollout.
IRDAI has extended transitional arrangements for annual fee payment and registration certificates until 31 August 2026 or notification of amended regulations, whichever is earlier.
ICAI inaugurated AIS 2026 to strengthen AI adoption in the accounting profession through advanced certifications, AI publications, and global collaboration. The summit highlights AI-driven transformation across accounting, audit, taxation, and governance.
ICSI has urged the MCA to ensure eligible companies comply with Section 203 by appointing Whole-time Company Secretaries. The representation emphasizes that contractual appointments do not satisfy the legal requirement and undermine corporate governance.
The address highlights how pension funds can support India’s journey towards Viksit Bharat 2047 by providing retirement security and long-term capital for national development. It emphasizes their role in infrastructure, innovation, and financial stability.
A representation seeks extension of the GSTAT appeal filing deadline to 31 December 2026, citing persistent technical issues on the e-filing portal. It argues that taxpayers should not lose their statutory right of appeal due to system failures.