Latest Articles
Seven Common ITR Filing Mistakes That May Trigger Income Tax Notices
Income Tax : The article explains seven common ITR filing mistakes, including AIS mismatches, TDS errors and wrong ITR forms, and highlights re...
GST Dashboard Components & Legal Significance Under CGST Act 2017
Goods and Services Tax : Explains the legal significance of GST Dashboard modules, electronic ledgers, notices, returns, refunds and compliance under the C...
Two Employers, One Tax: Managing Salary Tax During a Job Switch
Income Tax : Explains Form 12B disclosure, TDS computation, salary reporting, advance tax and ITR precautions for employees receiving salary fr...
Role of Chartered Accountants in Finance Concurrence in PSUs
CA, CS, CMA : Explains finance concurrence in PSUs, the role of Chartered Accountants, concurrence process, governance, compliance, risk managem...
GST: Section 62’s Five-Year Assessment Window vs Section 39(11)’s Three-Year Filing Bar
Goods and Services Tax : Examines the interaction between Section 62 and Section 39(11) of the CGST Act, highlighting the unresolved issue relating to retu...
Latest News
EPFO Launches Amnesty Scheme 2026 for Retrospective PF Trust Regularisation
Corporate Law : EPFO's Amnesty Scheme 2026 offers retrospective PF Trust regularisation, specified compliance waivers and application window of si...
DPIIT Extends Footwear Legacy Stock Deadline and Permits R&D Sample Imports
Corporate Law : DPIIT amends footwear QCOs by extending legacy stock clearance to 31 July 2027 and permitting annual import of 4,500 footwear samp...
PIB Explains Ethanol Blended Petrol Programme Through Detailed FAQs
Corporate Law : PIB issues a detailed FAQ on the Ethanol Blended Petrol Programme covering policy evolution, E20 rollout, vehicle compatibility, p...
Section 2(47)(v) Capital Gains Deleted as Section 53A Conditions Not Satisfied: ITAT Bangalore
Income Tax : ITAT Bangalore held Section 2(47)(v) inapplicable as the JDA did not satisfy Section 53A conditions, deleting capital gains for AY...
IFSCA Updates Registration of Insurance Business Regulations, 2021
Finance : IFSCAs updated Registration of Insurance Business Regulations prescribe registration, operations, governance and compliance requir...
Latest Judiciary
Writ Against X Account Suspension Not Maintainable as X Performs No Public Function
Corporate Law : Delhi HC held a writ against X account suspension not maintainable, finding X Corp performs no public function and no basis existe...
Madras HC Grants Right to Be Forgotten to Quashed POCSO Accused
Corporate Law : Madras HC granted case-specific relief after a POCSO case was quashed, directing blocking of the petitioner's details from public ...
Chennai ITAT: Section 69A Cannot Be Invoked for Cash Withdrawals from Own Bank Account
Income Tax : Chennai ITAT upheld deletion of a Section 69A addition, holding that cash withdrawals from the assessee's own bank account could n...
Chennai ITAT Applies Peak Credit Theory, Deletes Addition of Entire Cash Deposits U/s 69A
Income Tax : ITAT Chennai directed the AO to apply the peak credit theory and restrict the Section 69A addition instead of taxing the entire ca...
Chennai ITAT: Delay in Filing Form 10-IC Due to Technical Glitch Cannot Deny Concessional Tax Regime
Income Tax : ITAT Chennai restored the Section 115BAA claim, directing verification and holding delayed or non-electronic Form 10-IC filing sho...
Latest Notifications
Section 159 Penalty Imposed for Holding Multiple DINs: ROC Chhattisgarh
Company Law : ROC Chhattisgarh imposed a ₹50,000 penalty under Section 159 for holding two DINs in violation of Section 155 of the Companies A...
Section 118(11) Penalty Imposed for Secretarial Standards Disclosure Default
Company Law : ROC Bangalore imposed penalties under Section 118(11) for omission of the Secretarial Standards compliance statement in the FY 201...
Penalty Imposed for Omission of Secretarial Standards Disclosure in Board Report
Company Law : ROC Bangalore imposed penalties under Section 118(11) for omission of the Secretarial Standards compliance statement in the FY 201...
Penalty Imposed for Delayed SH-7 Filing on Authorised Share Capital Increase
Company Law : ROC Ahmedabad imposed penalties under Section 64(2) for a 62-day delay in filing Form SH-7 for authorised share capital increase....
Penalty Imposed for for Failing to Explain Auditor’s Audit Trail Remarks in Board’s Report
Company Law : ROC Ahmedabad imposed penalties under Section 134(8) for omission of required comments on auditor observations in the FY 2024-25 B...
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FAQs
PIB issues a detailed FAQ on the Ethanol Blended Petrol Programme covering policy evolution, E20 rollout, vehicle compatibility, pricing and global practices.
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.
