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Conflicts and Convergence of IBC and PMLA- Update

November 6, 2025 954 Views 2 comments Print

ITAT analyzes the conflict between IBC’s asset protection and PMLA’s confiscation power. Attachment must cease post-resolution plan, and the IBBI circular offers a path for asset restoration.

Step-by-Step Guide for Filing AOC-4 on MCA V3 Portal

November 6, 2025 11388 Views 0 comment Print

Learn to file MCA AOC-4 on the V3 portal. The process requires direct online data entry for Balance Sheet and P&L figures, followed by DSC affixation and fee payment.

Taxable Salary Income: Old vs. New Regime – Section 115BAC

November 6, 2025 12702 Views 4 comments Print

Comparison of Old vs. Default Tax Regimes (Sec 115BAC) for salaried income. Covers tax slabs, Standard Deduction, and Surcharge rates. Details the trade-off: reduced tax rates under Default Regime vs. forfeited exemptions like HRA, LTA, and 80C deductions.

Changes in Correction Rules for TDS & TCS Returns & Time Limitations

November 6, 2025 15972 Views 0 comment Print

Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and blocked refunds.

Deepfakes, Phishing and CA’s Role in Strengthening Cyber Resilience

November 6, 2025 417 Views 0 comment Print

Generative AI fuels sophisticated frauds in India, including deepfake impersonation and smart phishing. Organizations must adopt layered defenses and AI-augmented security to counter evolving threats.

Section 498A Misuse: Delhi HC Quashes FIR against Distant Relatives in Dowry Case

November 6, 2025 651 Views 0 comment Print

Delhi High Court notes a trend of false implication of husband’s distant relatives in dowry cases. HC quashed FIR against petitioners, holding that general interference does not constitute cruelty under Section 498A IPC.

Bona Fide Purchasers Entitled to ITC Despite Seller Default: SC Judgment & GST

November 6, 2025 7833 Views 2 comments Print

SC ruled a bona fide buyer cannot be denied ITC under DVAT Act if seller defaults on depositing tax. The remedy is against defaulting seller, protecting compliant taxpayers.

The Harsh Reality: Physical And Emotional Scars Left By Acid Violence

November 6, 2025 462 Views 0 comment Print

Explore the victimology of acid attacks, covering the physical and psychological trauma, India’s strict legal framework (BNS, BNSS), mandated compensation, and essential survivor rehabilitation.

Victimology: Legal Rights, Support and Technology in India

November 6, 2025 573 Views 0 comment Print

A summary of victimology, covering key theories, legal provisions (CrPC/BNSS), compensation schemes (NALSA/CVCF), support systems (OSCs), and the role of AI in aiding victims in India.

Service Tax Applicable on Export Cargo Handling at Airports: SC

November 6, 2025 573 Views 0 comment Print

Supreme Court reaffirms Service Tax applicability on export cargo handling services by Airports Authority of India under Airport Services, overriding the exclusion in Cargo Handling Service.

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