Delhi High Court dismisses Revenue's appeal in Modipon Ltd. case, ruling against strict application of Section 50C when circle rates rise between agreement to sell and sale deed dates. Upholds ITAT ...

Detailed analysis of Rule 33 of CGST Rules, 2017, on valuation of supply by pure agents. Includes key conditions, examples, ...

The Satish Chander Verma case marks a shift in real estate insolvency, supporting mutual settlements and influencing IBBI's ...

Budget 2025 extends tax exemptions for IFSC units till 2030, eases norms for fund managers, and offers new reliefs for ...

Budget 2025 updates tax slabs under section 115BAC, offering zero tax up to ₹12 lakh income with rebate and marginal relief.

The Supreme Court of India has dismissed an appeal filed by Inder Singh against a Madhya Pradesh High Court order. That order had condoned a significant delay in the State’s filing of a Second Appeal ...

Supreme Court reprimanded Rajasthan High Court for extensive delays in a bail order, emphasizing fundamental right to speedy justice for an accused held for 17 months without ...

AI and automation are streamlining tax compliance by enhancing data processing, accuracy, and fraud detection, as ...

Erroneous MCA data classifying Independent Directors as 'Directors' leads to legal issues, prompting a systemic correction to ...

The RBI has issued guidelines for Regulated Entities to combat financial fraud via voice calls and SMS by utilizing DoT's Mobile Number Revocation List, adhering to specific numbering series for ...

ICAI's Disciplinary Committee ordered a one-month removal of CA. G. Selvaraj from membership due to professional misconduct related to auditing failures at M/s VJL Dairies ...

Key points for auditors on Clause 34 of the Tax Audit Report, covering TDS/TCS compliance, statement furnishing requirements, ...