Latest Articles
Section 44ADA Eligibility Conditions & Compliance Requirements
Income Tax : Know the Section 44ADA eligibility rules, Rs. 50 lakh/Rs. 75 lakh limits, 50% income requirement, audit implications and advance t...
I Invest in US Stocks & Gold ETFs: How Are They Taxed on Sale?
Income Tax : Know the capital gains tax rules, holding periods, Schedule FA reporting, SGB taxation and foreign investment compliance under the...
GST Registration Cancellation Upheld for ITC Based on Fabricated Documents: Madras HC
Goods and Services Tax : Madras HC upheld GST registration cancellation under Section 29(2)(a) after failure to prove movement of goods and ITC claims base...
India’s MLI Problem: Ratified, But Not Notified
Income Tax : Article examines whether the MLI Principal Purpose Test has domestic effect under Section 90(1) following Nestlé SA and Sky High ...
GST Rate Changes: Five Compliance Mistakes Businesses Should Avoid
Goods and Services Tax : Article explains five common compliance mistakes after the 22 September 2025 GST rate changes, covering rates, ITC, transition sto...
Latest News
ICAI Issues Exposure Draft on Revised Section 44AB Tax Audit Guidance Note
Income Tax : ICAI has invited public comments on the Exposure Draft revising the Guidance Note on Tax Audit under Section 44AB by 25th July, 20...
CA Foundation May 2026 Results; Pass Percentage & Top 3 Rankers
CA, CS, CMA : ICAI has declared the CA Foundation May 2026 results with an overall pass percentage of 20.09% and announced the All India top ran...
Ethanol Blending in India: Policy Evolution, Milestones & Key Concerns
Corporate Law : PIB outlines Indias E20 ethanol blending progress, programme milestones, industry views, and responses to frequently raised concer...
Draft Stipend Rates for CA Articled Assistants Invited for Comments: ICAI
CA, CS, CMA : ICAI invites stakeholder comments by 5 August 2026 on draft amendments and proposed stipend rates for articled assistants under th...
FAQs on Filing of Corporate Action as per SEBI (LODR) Regulations, 2015
Corporate Law : NSE FAQs explain Regulation 42 Record Date filing, NEAPS submission, timelines, rights issue requirements and compliance under SEB...
Latest Judiciary
Section 112(b) Penalty Requires Proof of Knowledge of Confiscable Goods: CESTAT Delhi
Custom Duty : CESTAT Delhi set aside Section 112(b) penalty, holding no evidence established the appellant dealt with confiscable goods or knew ...
CBLR Revocation Set Aside for No Proven Regulation 10 Violations & Procedural Delay: CESTAT Mumbai
Custom Duty : CESTAT Mumbai set aside Customs Broker licence revocation, holding Regulations 10(d), 10(e) and 10(n) violations were not proved a...
GST Component in Turnover Reconciliation Defeats Section 68 Addition: ITAT Delhi
Income Tax : ITAT Delhi upheld deletion of a Section 68 addition after accepting that the turnover difference arose from GST-inclusive accounti...
Income Estimation Without Rejecting Books of Account Unsustainable: ITAT Kolkata
Income Tax : ITAT Kolkata held that income cannot be estimated without rejecting the books of account and directed deletion of the addition aft...
Oppression Established on Share Register Manipulation & Financial Mismanagement: NCLT Mumbai
Company Law : NCLT Mumbai partly allowed an oppression petition, directing rectification of the share register and compensation for financial mi...
Latest Notifications
SEBI Revises FVCI Fee Structure & Remittance Process
SEBI : SEBI amends FVCI Regulations, 2000 by revising fee amounts, payment timelines and designated depository participant remittance req...
SEBI Permits Intraday Borrowing Facility for Mutual Funds from 1st September 2026
SEBI : SEBI allows mutual funds to avail intraday borrowings for specified purposes, subject to conditions, effective from September 1, 2...
DGFT Notifies India–UK CETA Tariff Rate Quota Allocation Procedure
DGFT : DGFT amends the Handbook of Procedure, 2023 to notify TRQ allocation procedures, eligibility and import conditions under India–U...
RBI Updated UNSC Sanctions List Entry Under Section 51A UAPA
Fema / RBI : RBI directs regulated entities to implement the updated UNSC ISIL & Al-Qaida sanctions list entry under Section 51A UAPA and ensur...
IRDAI Updates Financial Result Formats for Listed Insurers Under SEBI LODR
Corporate Law : IRDAI has revised financial result formats for listed insurers adopting Ind AS to meet SEBI LODR disclosure requirements, effectiv...
Latest Downloads
FAQs
NSE FAQs explain Regulation 42 Record Date filing, NEAPS submission, timelines, rights issue requirements and compliance under SEBI (LODR) Regulations.
Udyam Registration is a Central registration issued by the Ministry of MSME and is valid in all States and Union Territories. No separate State-wise registration is required.
The FAQs explain that FAST-DS, introduced through the Finance Act, 2026, offers eligible taxpayers a one-time opportunity to disclose undisclosed foreign assets and income in return for immunity from specified penalties and prosecution under the Black Money Act, subject to prescribed conditions.
The Companies Act, 2013 requires most companies to hold four Board Meetings annually, while OPCs, Small Companies, and Dormant Companies need only two. Listed companies must also comply with corresponding SEBI (LODR) meeting requirements.
CBDT FAQs clarify Section 536 transition rules for summons, searches, recovery, penalties, pending 12AB/80G approvals and LDC/NDC applications.
