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Blog, News, Account & Audit

March 27, 2025

Supreme Court Clears Path for NFRA to Tighten Oversight on Auditors, Stays Enforcement of Final Orders

The Supreme Court has allowed … Continue reading “Supreme Court Clears Path for NFRA to Tighten Oversight on Auditors, Stays Enforcement of Final Orders”

Blog, News, Account & Audit

March 27, 2025

Will CS and CMA Be Allowed for Income Tax Audits? Lok Sabha’s Select Committee Engages EY to Review and Submit Its Report

The Lok Sabha’s Select Committee … Continue reading “Will CS and CMA Be Allowed for Income Tax Audits? Lok Sabha’s Select Committee Engages EY to Review and Submit Its Report”

News, Blog, GST & Customs

March 27, 2025

Writ Dismissed as Assessee Had Remedy to Respond to SCN and Challenge Commissioner’s Jurisdiction | HC

Case Details: Jammu and Kashmir … Continue reading “Writ Dismissed as Assessee Had Remedy to Respond to SCN and Challenge Commissioner’s Jurisdiction | HC”

Blog, News, GST & Customs

March 27, 2025

Appellate Authority Directed to Decide Appeal on Merits Within 3 Months While Assessment Kept in Abeyance During Pendency of Appeal | HC

Case Details: Madurai Radha Travels … Continue reading “Appellate Authority Directed to Decide Appeal on Merits Within 3 Months While Assessment Kept in Abeyance During Pendency of Appeal | HC”

Blog, News, Income Tax

March 27, 2025

CBDT Amends TP Safe Harbour Rules, Increasing Threshold and Adding Lithium-Ion Batteries for EVs as ‘Core Auto Components’

Notification No. 21/2025, dated 25-03-2025 … Continue reading “CBDT Amends TP Safe Harbour Rules, Increasing Threshold and Adding Lithium-Ion Batteries for EVs as ‘Core Auto Components’”

Blog, News, GST & Customs

March 26, 2025

Assessee Can Challenge Extended Limitation Period Invoked in SCN During Tax Proceedings Following Discrepancy Noted in CAG Audit | HC

Case Details: Vedanta Ltd. vs. … Continue reading “Assessee Can Challenge Extended Limitation Period Invoked in SCN During Tax Proceedings Following Discrepancy Noted in CAG Audit | HC”

Blog, News, GST & Customs

March 26, 2025

Order to Be Set Aside as Payment Through DRC-03 Under Protest Could Not Be Treated as Voluntary Payment | HC

Case Details: Khaitan Foods India … Continue reading “Order to Be Set Aside as Payment Through DRC-03 Under Protest Could Not Be Treated as Voluntary Payment | HC”

Blog, News, Company Law

March 26, 2025

SEBI Extends Suspension of Trading in Derivative Contracts in 7 Agro Commodities to January 31, 2026

PR No. 16/2025; Dated: 24.03.2025 … Continue reading “SEBI Extends Suspension of Trading in Derivative Contracts in 7 Agro Commodities to January 31, 2026”

Blog, News, Company Law

March 26, 2025

SEBI Board Approves Increase in FPI Disclosure Threshold From Rs 25,000 Crore to Rs 50,000 Crore

PR No. 15/2025; Dated: 24.03.2025 … Continue reading “SEBI Board Approves Increase in FPI Disclosure Threshold From Rs 25,000 Crore to Rs 50,000 Crore”

Blog, News, FEMA & Banking

March 26, 2025

RBI Expands Scope of Priority Sector Lending Certificates to Strengthen Credit Flow to Weaker Sections Sub-Target

Circular no. RBI/2024-25/131 FIDD.CO.PSD.BC.No. 12/04.09.001/2024-25; … Continue reading “RBI Expands Scope of Priority Sector Lending Certificates to Strengthen Credit Flow to Weaker Sections Sub-Target”