High Courts have emphasized that ITC cannot be denied solely on the basis of a supplier being declared non-existent. Authorities must provide evidence of the buyer’s involvement and follow principles of natural justice.
The Ministry of Corporate Affairs introduced CCFS-2026 allowing companies to regularize pending filings at significantly reduced additional fees. The scheme offers a limited window to complete compliance before strict enforcement begins.
The High Court permitted correction of the father’s name in a child’s birth certificate to reflect the biological father instead of the legal husband. The ruling prioritised the child’s future dignity while recognising that men also deserve dignity and social respect.
जीएसटी की धारा 108 के तहत आयुक्त या अधिकृत अधिकारी अधीनस्थ अधिकारी के आदेश की जांच कर उसे संशोधित कर सकते हैं। यह शक्ति तब प्रयोग होती है जब आदेश राजस्व के हित के प्रतिकूल या कानूनी रूप से त्रुटिपूर्ण पाया जाए।
The Crypto-Asset Reporting Framework will require exchanges to collect user identity information and share trading data with tax authorities. Cross-border reporting is expected to begin around 2027.
Many founders are shifting from traditional startup hubs to Dubai due to faster company setup and favorable tax structures. The environment allows startups to build faster and extend their financial runway.
Choosing the right term insurance cover depends on factors such as income, family size, expenses, and liabilities. The article explains when ₹2 crore coverage may be suffi-cient and when higher protection may be needed.
Schedule III of the Companies Act requires companies to present detailed disclosures in the Statement of Profit and Loss. The rules ensure transparent reporting of income, expenses, and financial performance.
Courts are increasingly examining whether uploading notices on the GST portal truly amounts to effective communication with taxpayers. The key takeaway is that legal service may require more than merely placing documents online.
The High Court held that reassessment proceedings for AY 2013-14 were time-barred after computing the surviving limitation as clarified by the Supreme Court. The notice issued beyond the remaining limitation period was quashed.
