Latest Articles
When the Taxman’s Address Becomes a Casino Sign
Goods and Services Tax : The operators avoided traditional hacking and instead used structural loopholes in website optimisation. The incident shows how te...
Selling Trust: The Quiet Problem of Product Mis-Selling in Indian Banking
Income Tax : Explains how commission-driven incentives in banks lead to mis-selling of financial products. Highlights the need for structural r...
Dormant Company in India – Legal framework, Procedure and Compliances
Company Law : Explains the legal framework of dormant companies under Section 455, including eligibility, process, and reduced compliance benefi...
SEBI Quarterly Compliances for Listed Companies under LODR Regulations
SEBI : Explains mandatory quarterly disclosures under SEBI LODR, including financial results, governance reports, and shareholding patter...
Gender Equality in Workplace: A Critical Analysis of India’s Labour Codes 2019-2020
Corporate Law : The paper examines whether recent labour law reforms deliver real gender equality or merely formal compliance. It concludes that d...
Latest News
Mastermind Arrested for ₹1,825 Crore GST Refund Fraud via Fake ITC & Bogus Exports
Goods and Services Tax : Authorities arrested the key accused for orchestrating fake ITC claims and fictitious export transactions. The case highlights str...
India–Korea MoU Signed to Boost Financial Regulatory Cooperation
Finance : The issue highlights a new agreement between financial regulators of both countries. The key takeaway is that the MoU promotes col...
IFSCA Registers First Foreign Family Investment Fund
Finance : IFSCA approved the first foreign family office fund under its 2025 regulations. The move strengthens GIFT IFSC’s position as a g...
DGFT Reforms to Speed Up Advance Authorisation
DGFT : Commerce Ministry reforms DGFT Norms Committees to improve disposal of Advance Authorisation applications and strengthen export fa...
ICSI Seeks Refiling Option for Annual Forms Under CCFS 2026
Company Law : ICSI highlights delays in marking defective forms by RoCs under CCFS 2026. It urges MCA to mandate time-bound processing or allow ...
Latest Judiciary
ITAT Remands Case Due to Lack of Opportunity to Substantiate Bogus Expense Claim
Income Tax : The Tribunal set aside the appellate order as the assessee sought another chance to prove the genuineness of expenses. It directed...
Customs Exemption Allowed Without Correlation for Non-Sensitive Inputs but Subject to DFIA Conditions
Custom Duty : The Authority examined whether importers can claim duty exemption without linking input specifications to export goods. It ruled t...
Advance Ruling Rejected as preserved areca nuts Classification Issue Already Settled by HC
Custom Duty : The authority refused to entertain the application as the classification of provisionally preserved areca nuts was already decided...
RFP Restriction in Banking Software Tender to Authorized Vendors is Justified: CCI
Corporate Law : Allegations of an implied anti-competitive agreement between a regulator and a software provider were rejected. The Commission fou...
Exemption Allowed as Sponsorship and Royalty were Incidental to Charitable Purpose: ITAT Delhi
Income Tax : The Tribunal held that receipts from sponsorship and royalty were incidental to the promotion of sports. It ruled that absence of ...
Latest Notifications
Missing DIN in Financial Statements Attracts Penalty Under Companies Act: ROC Kanpur
Company Law : Failure to mention DIN in signed financial statements was held to violate Section 158. The authority imposed penalties while limit...
DIN Not Mentioned in Financial Statements Leads to ROC Penalty
Company Law : Failure to disclose DIN in signed financial statements was held to violate Section 158. The ROC imposed penalties while limiting l...
ROC Penalizes Company for DIN Non-Disclosure in Financial Filings
Company Law : Failure to mention DIN in signed financial statements was treated as a violation of Section 158. The ROC imposed penalties while r...
ROC Imposed Penalty for Failure to Mention DIN in Financial Statements
Company Law : Authorities held that omission of Directors’ Identification Numbers in financial statements violates statutory requirements unde...
Company Penalized for Filing Financial Statements Without Director Signatures
Company Law : Authorities held that filing financial statements without directors’ signatures violates mandatory provisions under Section 134....
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FAQs
Overview of the Constitution (106th Amendment) Act, 2023 covering women’s reservation in Parliament and Assemblies, its scope, timeline, and conditions.
The issue concerns alternative settlement mechanisms for international trade. The framework allows INR-based transactions with flexible usage and repatriation of funds.
The scheme allows companies to clear pending filings at reduced cost. It provides a major compliance relief with only 10% additional fees payable.
IGST refunds are not available when exports are made under LUT/Bond without tax payment. The clarification highlights eligibility conditions and prevents incorrect refund claims.
The issue covers taxation and computation of house property income under the new law. The key takeaway is clarity on annual value, deductions, and exemptions.
