SEBI has issued a circular providing temporary relief to entities with listed non-convertible debt securities from certain compliance requirements. This circular, effective June 5, 2025, addresses ...

Srinivas Talluri (Membership No. 029864) from its Register of Members for a period of 10 years, effective June 3, 2025. This action stems from a finding by the Disciplinary Committee that Mr. Talluri ...

The changes primarily involve the substitution of Forms CRA-2 and CRA-4. Form CRA-2, used by companies to intimate the Central Government about the appointment of a cost auditor under Section 148(3) ...

4. The Shipping Bill (Post Export Conversion in relation to instrument based Scheme) Regulations, 2022′, has been superseded by ‘Export Entry (Post export conversion in relation to instrument-based ...

Madras High Court directs to revoke order cancelling GST registration since non-filing of GST returns within due date was due to Covid-19 pandemic. Hence, since reason provided for non-compliance is ...

CESTAT Chennai held that delay of 20 days in passing review order without extension order of the Board is not condonable. Accordingly, order passed by Commissioner of Customs (A) upheld.

ITAT Mumbai held that reopening of assessment under section 147 of the Income Tax Act is liable to be quashed in as much as objections raised by the assessee were not disposed of by AO by passing a ...

In the current tax administration landscape, it is common for the Assessing Officer (AO) to initiate penalty proceedings immediately after confirming additions during assessment. However, taxpayers ...

Gujarat High Court, in the case of Nishant Daxeshbhai Mehta Vs. Income Tax Officer, has quashed an order issued under Section 148A(d) and a notice under Section 148 of the Income Tax Act, 1961, which ...

Aggrieved by the AO’s assessment order, Rajmal Lakhichand appealed to the Commissioner of Income Tax (Appeals) [CIT (A)], NFAC, Delhi. The CIT (A) ruled in favor of the assessee, deleting the addition ...

The ITAT highlighted that the CIT (Exemption) had selectively interpreted the Supreme Court’s judgment, focusing only on the part that indicated Section 13 (1) (b) applies to trusts with mixed objects ...

Pragya Publicity Center, engaged in the advertising business, had its GST registration (No. 09BENPK7357G1ZZ) cancelled on October 23, 2023, by the Assistant Commissioner, Sector-17, Varanasi. The firm ...