News

RBI issues new directions on pre-payment charges for loans, effective Jan 2026. Rules cover floating rate loans for individuals and MSEs, aiming for transparency and fair ...
ICAI marked its 77th Foundation Day, with Union Minister Hardeep Singh Puri attending. The Institute launched its AI Agent ...
ICAI seeks public comments by July 31, 2025, on proposed amendments to Regulation 204, introducing "Forensic Investigation" into Chartered Accountants ...
Jharkhand High Court held that review can only be sought if there is a mistake or an error apparent on the face of the record ...
Notification 71/2025 grants income tax exemption to Karnataka State Pollution Control Board for specific income like consent fees, analysis charges, and government grants. Conditions ...
Allahabad High Court ruled that GST tax and penalties cannot be imposed for e-way bill issues if there's no tax evasion intent and the bill was generated before ...
The Bombay High Court set aside a GST recovery notice issued to a bank, ruling that the taxpayer must receive prior notice and an opportunity to dispute liability under Section 79(1)(c) of the CGST ...
The Madras High Court directed a fresh GST assessment, citing a violation of natural justice when a taxpayer's emailed reply was ignored and no personal hearing was ...
Explore the prolonged delays in operationalizing India's GST Appellate Tribunal (GSTAT), its impact on taxpayers and High Courts, and ongoing challenges despite recent ...
Understand when amended tax laws apply to past assessment years. Learn the distinction between prospective and retrospective application for substantive and procedural changes in tax ...
The Tribunal therefore, has rightly affirmed the conclusion arrived at by CIT(Appeals) in deleting the tax demand relatable to difference between 20% and the actual tax rate on which tax was deducted ...
Registrar of Companies, Karnataka, fines Stanley OEM Sofas Ltd. and directors ₹40,000 for violating Companies Act Section 101 ...