The Court ruled that issuing deficiency memos beyond 15 days is contrary to GST law. Tax authorities must adhere strictly to ...

Karnataka High Court held that flavoured milk should be classified under Tariff Heading 0402 of the Customs Tariff Act and ...

Starting January 2026, ICAI has simplified the CPE exemption process by allowing medical self-declarations and introducing ...

The Bar Council of India has officially confirmed that the IGNOU-ICAI B.Com (Accountancy & Finance) degree meets all ...

The issue concerned dismissal of a GST appeal solely on the ground of delay beyond the condonable period. The Court condoned the marginal delay and restored the ...

The government enabled electronic filing for declaring hotel accommodation as specified premises. The key takeaway is easier, ...

The regulator has introduced a capital-linked dividend framework for Small Finance Banks effective FY 2026–27. Dividend ...

The Supreme Court held that an undertaking to arrange fund infusion does not amount to a guarantee under contract law. Without a clear promise to discharge the borrower’s debt, no liability can be ...

A special court imposed five years’ rigorous imprisonment and heavy fines after finding assets far beyond known income. The ruling underscores strict enforcement against unexplained wealth held by ...

The government accepted key professional suggestions to simplify annual GST reporting. The update allows ITC payments, clearer ITC reporting, and better ...

Government advisories revised the IMS process to stop unfair tax escalation on credit note rejection. The key takeaway is balanced treatment of suppliers and ...

This piece examines how utility models can offer MSMEs a faster and cheaper alternative to patents for protecting incremental innovations. It highlights why such a system could boost competitiveness ...