Key rulings clarify return mismatches, ITC disputes, anti-profiteering, and Section 74 proceedings, providing crucial guidance for tax professionals and compliance strategies.
The GST Portal now allows Rule 14A taxpayers to exit via Form REG-32. Learn the step-by-step process, eligibility conditions, and mandatory Aadhaar authentication requirements.
A comprehensive guide to critical GST actions before 31 March 2026, including LUT filing, ITC reconciliation, and scheme selections. The key takeaway: timely year-end compliance prevents interest, penalties, and recovery risks.
The Bill seeks to amend Articles 15 and 16 to allow reservation for backward classes proportionate to their population identified through a caste census. It also proposes representation of marginalized groups and women in judicial appointments.
The Bombay High Court held that a separate cooperative society could not be registered for shops forming part of a single building already governed by an existing society. The Court ruled that registration under Section 9 cannot be used to indirectly fragment an existing society.
The Budget introduces a ₹10,000 crore SME Growth Fund and GST interest relief, while imposing mandatory late fees for tax audit delays. Taxpayers must balance benefits with stricter compliance.
ICAI announced the CA Final January 2026 results, with 11,282 candidates clearing Group I at a 21.03% pass rate. Group II recorded a 9.76% pass percentage, and 2,446 candidates cleared both groups.
The March 2026 compliance schedule lists important due dates for GST returns, TDS filings, advance tax, FEMA reporting and CSR spending. Businesses must track multiple deadlines between 2 March and 31 March 2026.
FAQs on TCS under Income Tax Act, 2025 as amended by Finance Bill, 2026, covering rates, exemptions, PAN, returns, due dates, interest and penalties.
The Comptroller and Auditor General of India has invited Expressions of Willingness from empaneled CA firms with minimum 15 points for audit of Autonomous and other Bodies in 2026–27. Fresh applications are mandatory due to revised engagement policy and structured selection process.