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 ...

Specific performance was refused as readiness and willingness were not established on the due date. Applying equity after prolonged delay, the Court substituted enforcement with a ₹3 crore ...

The Supreme Court corrected errors in income and disability evaluation in a motor accident claim. It held that notional income under the Second Schedule was inappropriate and recalculated compensation ...

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

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

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

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 ...

Karnataka High Court held that flavoured milk should be classified under Tariff Heading 0402 of the Customs Tariff Act and hence be subjected to GST @5% [i.e. CGST 2.5% and SGST 2.5%]. Accordingly, ...

The Supreme Court held that criminal prosecution for bribery can continue where departmental exoneration was based on procedural gaps. The key takeaway is that only a merits-based exoneration ...

The Supreme Court ruled that departmental proceedings initiated after superannuation were invalid due to absence of an enabling provision in service regulations. The key takeaway is that disciplinary ...

This explains why power, oil, gas, and coal companies fall under mandatory cost audit regulations. The key takeaway is that meeting turnover thresholds triggers strict compliance ...