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GSK Pharma Limited received a Rs. 3.79 crore GST demand from Madhya Pradesh authorities over ITC claims for FY20-FY23.

GSK Pharma Receives Rs. 3.79 Crore GST Demand Notice from MP Authorities

Judgement

Addition unsustainable where housing loan and spouse’s bank trail accepted in parallel assessment

ITAT  Deletes Rs. 14.74 Lakh Section 69 Addition and Alleged On-Money in Flat Purchase Case

ITAT Deletes Rs. 14.74 Lakh Section 69 Addition and Alleged On-Money in Flat Purchase Case

Know the expected time and date for CA Final, Inter, and Foundation exams held in January 2026

CA Exam January 2026: ICAI Announces Expected Date and Timing for CA Exam January 2026 Result

IDFC FIRST Bank Limited has reported a Rs. 590 crore fraud at its Chandigarh branch involving Haryana government-linked accounts, suspended four employees, and initiated a forensic audit and legal proceedings.

Rs. 590 Crore Fraud Unearthed at IDFC FIRST Bank’s Chandigarh Branch; Four Employees Suspended

Reliance on legal opinion without independent evaluation and failure to qualify audit report held as professional misconduct

ICAI Reprimands CA for Wrong FCCB Classification and Failure to Qualify Audit

Interest and other non-mutual income require examination under Section 11, not merely on principle of mutuality, rules ITAT.

Section 12A-Registered Body’s Claim Under Section 11 Requires Independent Adjudication, Rules ITAT

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