Articles

ICAI has clarified through FAQs that the 60 tax-audit assignment ceiling under the UDIN system from April 1, 2026, will apply only to specified tax audit forms based on the date of signing of the audit report.

ICAI Clarifies UDIN Ceiling for Tax Audits: Only Select Forms Count Towards 60-Assignment Limit

News

The Delhi High Court, in a recent significant ruling, has highlighted that any bank account cannot be frozen without any accusation or FIR against the account holder.

Bank Account Cannot Be Frozen Without FIR or Accusation, Rules Delhi HC

Judgement

The AAR ruled that used gunny bags sold by the company are taxable as reusable packing bags under HSN 6305 and not as scrap, attracting GST at 5% or 18% depending on their sale value.

Reusable Jute Bags Attract 5% or 18% GST Depending on Value, Rules Kerala AAR

The High Court quashed a Rs 21 lakh BGST demand, holding that the assessee was denied proper notice and an opportunity of personal hearing before the order was passed.

GST Demand Order Invalid Without Personal Hearing, Rules Patna High Court

Orissa High Court directs taxpayer to pursue statutory GSTAT remedy after tribunal became operational.

GST Appeals Must Proceed Before Operational Tribunal, Holds Orissa High Court

The EOW arrested eight accused for allegedly operating shell companies and misusing GST credentials in two fraud cases involving bogus invoicing and transactions worth over Rs 156 crore.

Explore Our Blogs

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

ICAI Clarifies UDIN Ceiling for Tax Audits: Only Select Forms Count Towards 60-Assignment Limit

Bank Account Cannot Be Frozen Without FIR or Accusation, Rules Delhi HC

Reusable Jute Bags Attract 5% or 18% GST Depending on Value, Rules Kerala AAR

GST Demand Order Invalid Without Personal Hearing, Rules Patna High Court

GST Appeals Must Proceed Before Operational Tribunal, Holds Orissa High Court

Delhi EOW Unearths Dual GST Fraud Rackets; Eight Arrested