News

ICAI is reviewing proposals to make government consultancy projects up to Rs 5 crore more accessible to smaller professional and MSME firms by giving greater weight to experience alongside firm size and turnover.

ICAI Proposes Rs 5 Crore Government Consultancy Tenders Reservation for Firms with Lower Net Worth

Greatship (India) has received eight MVAT review notices concerning charter-hire taxation, CST exemptions and earlier appellate orders, with no tax demand quantified at this stage.

Greatship India Receives 8 MVAT Review Notices Over Vessel, Rig Charter Hire Tax

CBI arrests two senior RDSO officers and two private company representatives for allegedly accepting a Rs 4 lakh bribe for a favourable inspection report.

CBI Arrests Four, Including Two Senior Officers of RDSO Lucknow, in Bribery Case

The CBI Court in Ahmedabad has convicted Kushal Diamonds Ltd. and two of its directors in a criminal conspiracy and cheating case involving financial assistance from NSIC.

CBI Court Convicts Private Company and Two Directors in Criminal Conspiracy and Cheating Case

Judgement

The ITAT Chennai deleted an interest disallowance under Section 36(1)(iii) made against Sei Aditi Power Private Limited.

ITAT Holds Interest-Free Advances to Sister Concern Cannot Automatically Be Treated as Diversion

The Income Tax Department has made Form 1 under FAST-DS 2026 available on the e-filing portal, allowing eligible taxpayers to voluntarily disclose previously undisclosed foreign assets and income by Dec 31, 2026.

Explore Our Blogs

Stay updated with the latest insights, tips, and industry trends from our experts

ICAI Proposes Rs 5 Crore Government Consultancy Tenders Reservation for Firms with Lower Net Worth

Greatship India Receives 8 MVAT Review Notices Over Vessel, Rig Charter Hire Tax

CBI Arrests Four, Including Two Senior Officers of RDSO Lucknow, in Bribery Case

CBI Court Convicts Private Company and Two Directors in Criminal Conspiracy and Cheating Case

ITAT Holds Interest-Free Advances to Sister Concern Cannot Automatically Be Treated as Diversion

Undisclosed Foreign Assets? Income Tax Department Activates Form 1 under FAST-DS 2026 on E-Filing Portal