SEBI amends NCS Regulations 2025, mandating a specific trust deed format but permitting deviations if a rationale and summary sheet are included in the offer ...
CBIC inaugurates the new, eco-friendly CGST Bhawan in Ghaziabad. A DRI officer is elected Chair of the WCO Anti-Piracy Group, and the DRI dismantles a major ₹110 crore narcotics network in the ...
Global tax system is struggling with digital economy's value creation. OECD's Pillars 1 & 2 introduce new taxing rights and a 15% minimum tax to combat profit ...
J&K HC ruled that tax officers must consider a delayed reply to a GST SCN u/s 73 if filed before the final order, holding that ignoring it violates natural ...
DGFT amends Appendix 2B of FTP 2023 to include agencies authorized to issue Certificates of Origin under the India–EFTA Trade and Economic Partnership Agreement ...
The High Court issued an interim direction against the CIT (Exemptions) orders that rejected the condonation of significant delays in a charitable trust's Form 10B filing. The ruling provides interim ...
ICAI mandates that CAs must now record the type of audit opinion (Unmodified, Qualified, Adverse, or Disclaimer) when ...
ITAT Pune set aside a best judgment assessment (u/s 144) that arbitrarily estimated an 8% net profit for a poultry farm and disallowed interest expense. Tribunal ruled that substantive justice ...
ITAT Agra deleted additions on gifts received from real sisters, holding that when identity, genuineness, and creditworthiness are proven, Section 68 cannot apply to family gifts made out of natural ...
The Tribunal sustained the addition due to the AO's rejection of the books under s.145, which was warranted by the assessee's ...
ITAT Pune held that filing a revised return after the Department detects wrong deductions is not voluntary. Since the assessee acted only after detection, penalty u/s 270A(9) for misreporting was ...
Learn how to handle rejection and setbacks in prop firm trading with structured resets, discipline, and recovery systems that turn failures into ...