Articles

India’s CA firms are starting to work together more. With help from ICAI, many firms are joining forces and forming partnerships to build strong Indian firms that can compete with the Big 4.

Towards a Desi Big 4: ICAI’s Vision for Building India’s Global Accounting Giants

Judgement

SC holds borrower’s redemption right under amended Sec 13(8) SARFAESI ends on auction notice; restores auction purchaser’s rights

SC: Borrower’s Right of Redemption Extinguished Once Sale Certificate Issued under SARFAESI

The High Court set aside the ITC reversal orders, directing a fresh assessment with due process and a fair opportunity for the taxpayer.

Due Process Essential in ITC Reversal: High Court Remands Case for Fresh Assessment

Supreme Court upholds excise duty on containerized gensets; holds Quippo’s process of adding accessories created new, distinct, and marketable “Power Packs.”

SC: Conversion of Gensets into “Power Packs” Amounts to Manufacture under Excise Law

The Calcutta High Court Set aside the order as based on the records or further checks, it cannot be said that it was the petitioner's fault in complying with the legal obligation.

Calcutta High Court Sets Aside ITC Denial as No Fault Found on Purchaser’s Part

Supreme Court restores CCI’s order against KFEF office-bearers; holds initial notice with DG’s report sufficient for penalty under Section 48 of Competition Act.

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Towards a Desi Big 4: ICAI’s Vision for Building India’s Global Accounting Giants

SC: Borrower’s Right of Redemption Extinguished Once Sale Certificate Issued under SARFAESI

Due Process Essential in ITC Reversal: High Court Remands Case for Fresh Assessment

SC: Conversion of Gensets into “Power Packs” Amounts to Manufacture under Excise Law

Calcutta High Court Sets Aside ITC Denial as No Fault Found on Purchaser’s Part

SC: Notice of Contravention is Sufficient for Penalty under Competition Act