Judgement

The ROC has imposed a penalty on Company and its Directors for violating Section 12(1) of the Companies Act, as the registered office was incapable of receiving and acknowledging official communications.

ROC Imposes Rs 37.5 thousand Penalty for Failure to Maintain Functional Registered Office

ITAT Delhi held that unpaid GST shown merely as a balance-sheet liability, without being claimed as an expenditure, cannot be disallowed under Section 43B.

No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT

The ITAT deleted the Rs 28.92 lakh Section 68 addition for unexplained credits; however, it sustained additions for low household withdrawals and TDS defaults on freight expenses.

ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

Circulars

SEBI streamlines nomination rules to simplify succession and reduce unclaimed investor assets.

SEBI Revises Nomination Rules for Demat Accounts and Mutual Funds

Articles

ITR filing for AY 2026-27 has started with several important changes in reporting requirements.

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

Notifications

MCA amends Schedule VII permitting CSR expenditure through Social Stock Exchange listed zero coupon instruments.

Explore Our Blogs

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

ROC Imposes Rs 37.5 thousand Penalty for Failure to Maintain Functional Registered Office

No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT

ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

SEBI Revises Nomination Rules for Demat Accounts and Mutual Funds

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

MCA Amends Schedule VII to Include Social Stock Exchange Investments