ICSI declared Professional and Executive Programme results for December 2025 with detailed pass percentages and rank holders. Online enrolment for June 2026 exams has commenced.
BCAS urged SEBI to introduce a structured migration framework for individuals converting into corporate/LLP Research Analyst entities. The representation highlights business disruption and regulatory uncertainty caused by absence of transitional provisions.
GSTN has introduced auto-computation of interest and auto-population of liability breakup in GSTR-3B from January 2026. The update strengthens system-based compliance and limits manual discretion in interest reporting.
The High Court will examine whether bail granted under the Section 45 proviso for women can be cancelled absent perversity or misuse of liberty.
The Ministry of Corporate Affairs has introduced CCFS-2026 allowing companies to file pending annual returns by paying only 10% of additional fees. The scheme offers a one-time compliance relief from 15 April to 15 July 2026.
Major updates include GST refund clarification by Supreme Court, RBI FEMA amendments, DGFT export schemes, and important AAR rulings.
The Bombay High Court held that failure to furnish a lender’s certificate cannot justify reopening of assessment for a let-out property. It clarified that the certificate requirement under Section 24(b) applies only to self-occupied properties.
RBI amended FEMA regulations to require a Currency Declaration Form when foreign exchange carried by passengers exceeds prescribed limits. The rule improves transparency in cross-border currency movement.
Apply now! Bank of Maharashtra seeks Chartered Accountants’ firms for FY 2025-26 Concurrent/Revenue Auditors. Apply online by 01.03.2025 (5.00 PM).
The Tribunal held that failure of the Assessing Officer to verify genuineness of a ₹30 lakh donation under Section 80GGC rendered the assessment erroneous and prejudicial to revenue, justifying revision under Section 263.
