Latest Articles
AY 2026-27 ITR due dates under Finance Act 2026
Income Tax : Explains AY 2026-27 ITR due dates under the Finance Act, 2026, section 44AB audit classification, revised return timeline and cons...
Expired E-Way Bill Alone Cannot Attract 200% Penalty Calcutta HC
Goods and Services Tax : Calcutta HC set aside a 200% Section 129 penalty for an expired e-way bill, imposed a Rs.10,000 fine, and ordered refund of the ba...
Preparing Fixed Assets for Audit: Essential Checks Before Auditors Arrive
Company Law : Explains common Fixed Asset Register gaps, CARO 2020 expectations, and practical steps finance teams can take before statutory aud...
Advances Not Taxable Under Section 56(2)(ix) Without Actual Forfeiture: Karnataka HC
Income Tax : Karnataka HC upheld deletion of a section 56(2)(ix) addition, holding mere lapse of time did not establish forfeiture of advances ...
Section 44ADA for Professional Partners: The Ranu Gupta Controversy
Income Tax : Presumptive Taxation for Professional Partners: Analysing the Ranu Gupta Decision and the Unresolved Controversy Under Section 44A...
Latest News
SEBI Proposes Streamlined Online Dispute Resolution Framework for Securities Market
SEBI : SEBI seeks comments on a draft circular proposing changes to the securities market ODR framework, SCORES process, MII roles, and A...
SEBI Invites Comments on Comprehensive Review of Portfolio Managers Regulations, 2026
SEBI : SEBI has proposed wide-ranging changes to Portfolio Managers Regulations, including new investment avenues, compliance measures an...
IFSCA Invites Comments on Draft IFSC Depositor Education & Awareness Fund Scheme, 2026
Finance : IFSCA has released the draft IDEA Fund Scheme, 2026 covering unclaimed deposits, depositor claims, Fund administration, and invite...
IFSCA Clarifies Use of PSP E-Wallet Accounts for FME Subscriptions & Redemptions
Finance : IFSCA clarifies that FMEs may use authorised PSP e-wallet accounts for subscriptions and redemptions, subject to applicable AML/CF...
Govt Expands FTAs, Export Promotion Measures to Diversify Export Markets
Corporate Law : Government outlines FTAs, Export Promotion Mission, e-commerce export reforms and logistics initiatives to diversify export market...
Latest Judiciary
Quicklime with Less Than 98% CaO Not Classifiable Under Heading 28.25: CESTAT Delhi
Custom Duty : CESTAT held imported quicklime classifiable under Chapter 25, not Chapter 28, and allowed the appeal after finding the product had...
Quicklime Containing Less Than 98% Calcium Oxide Classifiable Under CTH 2522: CESTAT Mumbai
Custom Duty : CESTAT held imported quicklime classifiable under CTH 2522 10 00, set aside differential duty demand, penalties and upheld exempti...
No TDS on Discounts, Incentives to Stockists Under Section 194H: ITAT Mumbai
Income Tax : ITAT Mumbai dismissed the Revenue's appeal, upholding deletion of TDS demands under Sections 194H and 194A by following earlier or...
Service Tax Demand on Overseas Investment Advisory Services Set Aside as Export: CESTAT Mumbai
Service Tax : CESTAT Mumbai set aside service tax demand, held investment advisory services to overseas entities as export, and allowed CENVAT c...
Reopening Based on Incorrect CCM Information Quashed with Section 68 Addition: ITAT Kolkata
Income Tax : ITAT Kolkata quashed reassessment and Section 68 addition after finding reopening based on unverified CCM information and procedur...
Latest Notifications
SEBI Simplifies Securities Transmission Framework with QTP
SEBI : SEBI revised the securities transmission framework, introducing QTP, revised thresholds, standardised documents and a 21-day proce...
Employees’ Provident Funds Scheme, 2026
Corporate Law : Government notifies the Employees’ Provident Funds Scheme, 2026, replacing the 1952 Scheme and introducing updated EPF, enrolmen...
ROC Pune Imposes ₹2.5 Lakh Penalty for Filing PAS-3 Without Loan Agreement
Company Law : ROC Pune imposed ₹50,000 penalty each on a company and four officers for PAS-3 filing lapses under Section 39(5) of the Companie...
ROC Pune Imposes ₹128000 Penalty for Physical Share Allotment Instead of Demat
Company Law : ROC Pune imposed penalties for issuing shares in physical form instead of demat under Section 29(1)(A) read with Rule 9A and Secti...
ROC Pune Imposes ₹6,50,000 Penalty for Delay in Charge Registration
Company Law : ROC Pune imposed penalties under Section 86 for non-compliance with Sections 71 and 77 relating to delayed charge registration and...
Latest Downloads
FAQs
RBI FAQ explains FLA Return applicability, FLAIR filing process, ₹7,500 late fee, IFSCA reporting, provisional filing, and due date of 31 July 2026.
Know the FLA Return filing requirement under FEMA, due date, FLAIR portal process, reporting rules, revisions and key compliance requirements.
FAQ document explains SIT status, possible CBI/ED investigations, relevant BNS provisions, PMLA aspects, and investigative framework for alleged donation theft.
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.
