Blog

Blog, News, FEMA & Banking

February 25, 2026

NRIs/OCIs don’t require RBI’s prior approval to acquire/transfer immovable property in India, clarifies RBI

Press Release: 2021-2022/1439. Dated: 29.12.2021 … Continue reading “NRIs/OCIs don’t require RBI’s prior approval to acquire/transfer immovable property in India, clarifies RBI”

Blog, News, Insolvency and Bankruptcy Code

February 23, 2026

Term loan shown in the balance sheet of corporate debtor amounts to an acknowledgement of debt: CIRP plea righty admitted

Case details: Hemanshu Jamnadas Domadia … Continue reading “Term loan shown in the balance sheet of corporate debtor amounts to an acknowledgement of debt: CIRP plea righty admitted”

Blog, News, GST & Customs

February 12, 2026

Payment along with tax actually paid to supplier or not is to be verified before disallowing ITC: Calcutta HC

Case details: LGW Industries Ltd. … Continue reading “Payment along with tax actually paid to supplier or not is to be verified before disallowing ITC: Calcutta HC”

Blog, News, GST & Customs

February 17, 2026

CBIC issued instructions on applicability of Judgement of ‘Westinghouse’ on ‘auto parts’

Instruction No. 1/2022-Customs Dated January … Continue reading “CBIC issued instructions on applicability of Judgement of ‘Westinghouse’ on ‘auto parts’”

Blog, News, Income Tax

January 7, 2022

Day of arrival to be excluded while counting days of stay in India for the purpose of residential status: ITAT

Case details: Pradeep Kumar Joshi … Continue reading “Day of arrival to be excluded while counting days of stay in India for the purpose of residential status: ITAT”

Blog, News, Company Law

February 25, 2026

SEBI directs stock exchanges to increase awareness among investors to lodge their complaints through the SCORES portal

Circular no. SEBI/HO/MRD1/MRD1_ICC1/P/CIR/2022/05, Dated: 05.01.2022 … Continue reading “SEBI directs stock exchanges to increase awareness among investors to lodge their complaints through the SCORES portal”

Blog, News, FEMA & Banking

February 17, 2026

RBI prescribes eligibility criteria for the categorization of entities as a ‘Specified User’ under CIC regulations

Press Release: 2021-2022/1500, Dated: 05.01.2022 … Continue reading “RBI prescribes eligibility criteria for the categorization of entities as a ‘Specified User’ under CIC regulations”

News, Blog, FEMA & Banking

February 17, 2026

IFSCA adds CMAs as certifying professionals to issue net-worth compliance certificates to insurance intermediaries

NOTIFICATION No. IFSCA/2021-22/GN/REG020, Dated 04-01-2022 … Continue reading “IFSCA adds CMAs as certifying professionals to issue net-worth compliance certificates to insurance intermediaries”

Blog, Tax Audit Week, Account & Audit

September 22, 2023

Tax Audit | Detailed Analysis of Clause 31 | As per the Guidance Note issued by the ICAI

Income-tax law requires the assessee … Continue reading “Tax Audit | Detailed Analysis of Clause 31 | As per the Guidance Note issued by the ICAI”

Blog, Tax Audit Week, Account & Audit

September 22, 2023

Tax Audit | Detailed Analysis of Clause 32 to Clause 34 | As per the Guidance Note issued by the ICAI

Income-tax law requires the assessee … Continue reading “Tax Audit | Detailed Analysis of Clause 32 to Clause 34 | As per the Guidance Note issued by the ICAI”