Judgement

Authority rejects non-profit exemption theory and holds that MGMI’s sponsorship receipts trigger forward-charge GST after the 2025 amendment

AAR Rules Section 8 Company Is a “Body Corporate”: Sponsorship Services Now Taxable Under Forward Charge

Articles

This decision will allow the CAs to promote their non-assurance services on social media platforms, including LinkedIn, Instagram, and other digital channels.

ICAI Allows CA to Advertise Non-Assurance Services: A Big Reform for Indian Firms

Authority clarifies HSN codes and GST rates for classical homoeopathic preparations, both single-ingredient and mixed-ingredient medicaments fall under Schedule I at 5%.

AAR Classifies Homoeopathic Medicaments: Single-Constituent and Multi-Constituent Formulations Both Taxed at 5% GST

The High Court noted that the detention of the gold ring was completely misplaced by the Customs Authorities, especially when the ring was a personal item received as a gift.

Personal Gold Ring Received as a Gift Cannot be Seized: High Court Criticises Customs Department for Delay in Release

The ICAI made the decision to amend its Code of Ethics, which encourages the members to accept the audit fees only via digital payment modes or banking channels

ICAI Breaking: Council Recommends Members to Accept Audit Fees via Digital Modes only

The Income Tax Department clearly mentioned that ITR-1 and ITR-4 do not include Schedule FA.

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AAR Rules Section 8 Company Is a “Body Corporate”: Sponsorship Services Now Taxable Under Forward Charge

ICAI Allows CA to Advertise Non-Assurance Services: A Big Reform for Indian Firms

AAR Classifies Homoeopathic Medicaments: Single-Constituent and Multi-Constituent Formulations Both Taxed at 5% GST

Personal Gold Ring Received as a Gift Cannot be Seized: High Court Criticises Customs Department for Delay in Release

ICAI Breaking: Council Recommends Members to Accept Audit Fees via Digital Modes only

Foreign Assets or Income Details Not Showing Up in Revised ITR? Income Tax Dept Clarifies Solution