Supreme Court dismisses Union of India's appeal, upholding Delhi High Court's order for immediate GST refund. Reiterates need for recorded reasons under CGST Act Section ...

India's net direct tax collections fell by 1.34% to ₹562,827 crore by July 10, 2025, despite a 3.17% rise in gross collections, primarily due to a 38.01% increase in ...

Supreme Court dismisses Customs appeal for IGST on re-imported aircraft parts repaired abroad, providing major relief to airlines from ₹100 crore tax ...

ICAI Disciplinary Committee reprimands CA. Shantaram Gaikwad (M. No. 042851) and imposes a Rs. 25,000 fine for professional ...

ICAI takes disciplinary action against CA Anil Saxena, removing him from membership for 3 months and imposing a fine for professional misconduct involving fraudulent financial ...

India's Income Tax Department initiates nationwide verification against bogus deduction and exemption claims, warning taxpayers of penalties and ...

The ICAI Disciplinary Committee found CA. Purushottam Gupta guilty of professional misconduct as a Concurrent Auditor, failing to report fund misappropriation and exercise due diligence. He received a ...

CESTAT Delhi held that recovery of ineligible Focus Market Scrips under section 28AAA of the Customs Act cannot be sustained without cancellation of the instrument by DGFT. Accordingly, order held as ...

The ICAI Disciplinary Committee reprimanded CA Jayant Ishwardas Mehta (M.No.042630) for professional misconduct involving an incorrect income tax exemption ...

ICAI Committee reprimands CA. Anand Joshi (M. No. 145091) and imposes a Rs. 15,000 fine for accepting an audit while previous auditor's fees were ...

The Corporate Debtor failed to maintain financial discipline following which the account of the Corporate Debtor was classified as NPA which was also reflected in Part-IV of the Section 7 application ...

Examine the challenges faced by Independent Directors in India, from limited operational power to increased legal scrutiny, ...