The comparison shows how large-scale frauds go undetected for years while professionals face immediate coercive action. Courts have clarified that arrest requires clear evidence of control and benefit ...

The Institute has proposed syllabus changes to align with modern industry, regulatory, and technological needs. Stakeholders ...

The issue is whether high-income earners can reduce tax liability under the old regime. The analysis shows that structured ...

The issue concerns whether startups can sell regulated products without BIS certification. It is established that certification is mandatory under QCOs, and non-compliance can lead to penalties, bans, ...

The issue was the lack of a unified process for rights issues in IFSCs. The Authority introduced a detailed framework mandating disclosures, timelines, and compliance ...

The issue was regulatory overlap after asset management services were restricted. The Authority removed a conflicting ...

The ruling clarifies that unverified excel sheets seized from third parties cannot justify additions without corroborative evidence. The Tribunal stressed that assumptions cannot replace proof in tax ...

The Tribunal held that the extended limitation period cannot be invoked without proving intent to evade tax. Since no fraud, suppression, or wilful misstatement was established, the demand was ...

The High Court ruled that rejecting condonation requests through mere communication without a speaking order is invalid. Authorities must pass reasoned decisions after proper ...

The court examined cancellation of GST registration issued without stating any reasons. It held such non-speaking orders invalid and restored registration, emphasizing that reasoned orders are ...

The ruling held that concessional GST rate applies only if bags qualify as biodegradable under the notification. It clarified ...

The issue involves technical failures in the Professional Tax portal preventing payments. A request has been made to fix glitches and extend the due date to avoid ...