Latest Articles
Why GST Authorities Cannot Retain Redemption Fine After Dropping Section 130 Penalty
Goods and Services Tax : This analysis explains why a redemption fine under Section 130(2) cannot be sustained once authorities conclude that Section 130 l...
Can Section 74 Be Invoked for Form 26AS & GSTR-1 Mismatches?
Goods and Services Tax : The article questions the use of Section 74 for mere reconciliation differences between Form 26AS and GSTR-1. The key takeaway is ...
Private Company Debenture Issuance: Legal Guide Under Companies Act
Company Law : This article explains the legal framework governing debenture issuance by private companies under the Companies Act, 2013. The key...
Inter-State Registered Office Shifting Under Companies Act, 2013: Procedure, Forms & Timelines
Company Law : This guide explains the complete legal procedure for transferring a registered office from one State to another under the Companie...
Section 122(1A), Penalty on Partners & Double Jeopardy Debate: Is Article 20(2) Really Irrelevant?
Goods and Services Tax : The debate examines why GST penalties under Section 122(1A) may survive a direct challenge under Article 20(2). The key takeaway i...
Latest News
SEBI Proposes Harmonized Price Bands to Prevent Divergence in Multi-Listed Scrip Prices
SEBI : SEBI has proposed a uniform framework for fixing price bands and pre-open base prices for scrips listed on multiple exchanges. The...
IFSCA FinTech Sandbox Framework, 2026: FAQs
Finance : The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs...
ICAI Virtual Classes for CA Intermediate: May 2027, Sept 2027 & Jan 2028 Exams
CA, CS, CMA : ICAI has unveiled a detailed schedule of virtual classes designed to assist students appearing in upcoming CA Intermediate examina...
Representation on procedural issues in filing of appeals before GSTAT
Goods and Services Tax : The Rajasthan GSTAT Bar has urged the Tribunal to adopt a pragmatic approach by accepting pre-deposits made through the Electronic...
SEBI Proposes Consolidated AMC Pay Disclosures to Balance Transparency & Privacy
SEBI : SEBI has proposed replacing name-wise executive remuneration disclosures with consolidated disclosures for AMCs. The move seeks to...
Latest Judiciary
Software Sale Not Royalty: Bangalore ITAT Follows Engineering Analysis, Rejects Revenue’s Plea Despite Review Petition
Income Tax : The Revenue sought to tax software distribution income as royalty despite judicial precedents to the contrary. The Tribunal dismis...
No Double Deduction If Loan-Funded Application Was Excluded Earlier: Bangalore ITAT Allows Trust’s Loan Repayment Claim
Income Tax : The Revenue disallowed loan repayments alleging double deduction of charitable expenditure. The Tribunal ruled that documentary ev...
No Exempt Income, No Section 14A Disallowance: Bangalore ITAT Deletes ₹43.42 Lakh Addition
Income Tax : The issue was whether expenditure could be disallowed under Section 14A read with Rule 8D when the assessee had not earned any exe...
Bangalore ITAT Rules SBN Deposits Received Before 31.12.2016 Are Not Unexplained Cash Credits
Income Tax : The issue was whether SBN deposits accepted by a co-operative society during demonetisation could be added under Section 68 solely...
Calcutta HC Refuses to Quash Section 160 Cr.P.C. Notices as They Form Part of Investigation
Corporate Law : The High Court held that notices issued under Section 160 Cr.P.C. are an integral component of criminal investigation and cannot o...
Latest Notifications
IBBI Tightens CIRP Rules to Enhance Transparency in Resolution Decisions
Corporate Law : The Fourth Amendment Regulations, 2026 require committees of creditors to document the rationale behind approving resolution plans...
Countervailing Duty on Aluminium Wire Extended up to 23 March 2027
Custom Duty : Government extends countervailing duty on aluminium wire/wire rod imports from Malaysia up to 23 March 2027 through Notification N...
Anti-Dumping Duty on Aluminium Foil Extended up to 15th December 2026
Custom Duty : Government extends anti-dumping duty on aluminium foil from China, Malaysia, Thailand and Indonesia up to 15 December 2026. Notifi...
Government Waives AIDC on Higher Ethanol-Blended Petrol
Excise Duty : Notification No. 29/2026-Central Excise grants Nil Agriculture Infrastructure and Development Cess on E22, E25, E27 and E30 petrol...
CBIC notifies Nil Road and Infrastructure Cess on E22 to E30 Petrol
Excise Duty : Notification No. 28/2026-Central Excise exempts E22, E25, E27 and E30 petrol blends from additional excise duty in the form of Roa...
Latest Downloads
FAQs
The IFSCAs updated framework supersedes previous sandbox regulations and establishes a unified regime for FinTech testing in IFSCs. It aims to promote innovation while maintaining regulatory oversight.
Permanent Account Number (PAN) serves as a unique identifier enabling the Income-tax Department to track tax payments, returns, TDS/TCS credits, and specified financial transactions of taxpayers. The Income-tax Act mandates obtaining and quoting PAN for various persons and high-value transactions, while also prohibiting possession of multiple PANs and prescribing penalties for non-compliance.
CDSCO registration is required for importing, manufacturing, or marketing regulated healthcare products in India. The approval ensures compliance with safety, quality, and regulatory standards.
The FAQ clarifies that the Companies Act, 2013 does not restrict adjournment of a duly convened and commenced AGM. An adjourned AGM is treated as a continuation of the original meeting rather than a fresh meeting.
This FAQ examines the statutory authorities empowered to convene an Extraordinary General Meeting under the Companies Act, 2013. It explains when the Board, requisitionists, members, directors, or NCLT can validly step in to ensure corporate governance continues.
