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Blog, News, Income Tax

April 1, 2025

Travel Agent Not Liable to Deduct Tax Under Section 194-O for Booking Airline Tickets Through CRS System | ITAT

Case Details: Asst. Commissioner of … Continue reading “Travel Agent Not Liable to Deduct Tax Under Section 194-O for Booking Airline Tickets Through CRS System | ITAT”

Blog, News, Account & Audit

April 1, 2025

ICMAI Issues Revised KYC Guidelines for PCMAs, Mandating Client Verification Before Accepting Assignments

The Institute of Cost Accountants … Continue reading “ICMAI Issues Revised KYC Guidelines for PCMAs, Mandating Client Verification Before Accepting Assignments”

News, Blog, GST & Customs

April 1, 2025

Order to Be Set Aside as No Extraneous Influence or Corrupt Motive Found and Petitioner Relied on Master File to Verify Cancelled E-Way Bills | HC

Case Details: Y. Kayalvizhi vs. … Continue reading “Order to Be Set Aside as No Extraneous Influence or Corrupt Motive Found and Petitioner Relied on Master File to Verify Cancelled E-Way Bills | HC”

Blog, News, GST & Customs

April 1, 2025

Denial of Cross-Examination of Witnesses by Authorities Would Render Proceedings as Void | HC

Case Details: Joint Commissioner vs. … Continue reading “Denial of Cross-Examination of Witnesses by Authorities Would Render Proceedings as Void | HC”

Blog, News, Competition Law

April 1, 2025

CCI Dismisses Allegations of Restrictive Bidding in a Swimming Pool Tender Due to Lack of Evidence of Anti-Competitive Conduct

Case Details: Vinish Khanna, In … Continue reading “CCI Dismisses Allegations of Restrictive Bidding in a Swimming Pool Tender Due to Lack of Evidence of Anti-Competitive Conduct”

Blog, News, GST & Customs

March 31, 2025

Supplier’s Blacklisting Upheld for Failing to Deliver Goods as per Order Despite Multiple Chances | HC

Case Details: S. G. Print-N-Pack … Continue reading “Supplier’s Blacklisting Upheld for Failing to Deliver Goods as per Order Despite Multiple Chances | HC”

News, Blog, GST & Customs

March 31, 2025

Order to Be Quashed as Penalty Imposed Under CGST Act for Exempted Services Under Service Tax Was Invalid | HC

Case Details: Pawan Kumar Upmanyu … Continue reading “Order to Be Quashed as Penalty Imposed Under CGST Act for Exempted Services Under Service Tax Was Invalid | HC”

Blog, News, Account & Audit

March 31, 2025

NFRA Updates | Audit Firm Inspections & New Guidance on Audit Practices

The National Financial Reporting Authority … Continue reading “NFRA Updates | Audit Firm Inspections & New Guidance on Audit Practices”

Blog, News, Income Tax

March 31, 2025

Govt. Amends Form 3CD; New Clause 36B Inserted to Report Sum Received for Buyback of Shares

Notification no. 23/2025, 28-03-2025 The … Continue reading “Govt. Amends Form 3CD; New Clause 36B Inserted to Report Sum Received for Buyback of Shares”

Blog, News, Income Tax

March 31, 2025

CBDT Directs CCIT to Reduce/Waive Interest Charged Due to Technical Glitches Beyond Control of Deductor/Collector

Circular no. 5/2025, 28-03-2025 The … Continue reading “CBDT Directs CCIT to Reduce/Waive Interest Charged Due to Technical Glitches Beyond Control of Deductor/Collector”