Orders

COVID-19 Safety Concerns and Lack of Evidence Lead ICAI Board to Close Disciplinary Proceedings



ICAI Holds CA Not Guilty of Other Misconduct Over Examination Centre Incident

COVID-19 Safety Concerns and Lack of Evidence Lead ICAI Board to Close Disciplinary Proceedings

CBI arrests an SMC Ward Officer in Srinagar’s Safakadal for allegedly demanding and accepting a Rs 10,000 bribe to allow residential renovation work to continue.

CBI Lays Trap in Srinagar, Arrests SMC Ward Officer Red-Handed While Allegedly Accepting Rs 10,000 Bribe

GSTN has enabled sandbox testing of e-invoicing for recipient-generated self-invoices covering domestic RCM supplies and import of services, with the rollout date yet to be announced.

GSTN Introduces New E-Invoicing Facility for Self-Invoices Under Reverse Charge Mechanism

The Jharkhand High Court held writ jurisdiction cannot be invoked routinely against GST Show-Cause Notices.

High Court Directs Assessee to Avail Statutory Remedies

Understand the key differences between Flexi Cap and Multi Cap Mutual Funds, including equity allocation requirements, portfolio flexibility, risk exposure and suitability for different investment goals.

Flexi Cap vs Multi Cap Funds: What's the Real Difference?

IBA advises public sector banks to revise statutory audit policies following the Banking Laws (Amendment) Act, 2025, including reducing physical branch audit coverage to 50% of total business/advances.

IBA Recommends Public Sector Banks to Reduce Ambit of Physical Branch Audits to 50% of Total Business 

NIIT Limited faces a Rs 1.72 crore tax appeal before Delhi ITAT for AY 2018-19 but expects no adverse impact on its financial position or operations.

NIIT Limited Discloses Income Tax Department’s Appeal Before Delhi ITAT, Says No Adverse Financial Impact Expected

The ITAT Chennai held reassessment beyond three years as invalid without approval from the Competent Authority.


ITAT Quashes Reassessment as Section 148 Approval Was Obtained from PCIT Instead of Pr. CCIT

The ITAT Chennai remands Egberts India’s Rs 15.43 crore additions under Sections 68 and 69 for Fresh Consideration.

ITAT Admits Additional Evidence Relating to Unexplained Cash Credits 

The ITAT Chennai has set aside the order of the CIT(A) directing the authority to condone a delay of 315 days and decide the assessee’s appeal on merits. 


ITAT Directs CIT(A) to Condonе 315-Day Delay and Decide Income Tax Appeal on Merits

The ITAT Ahmedabad holds that mere silence in assessment order does not establish lack of Inquiry or justify revision.


ITAT Quashes Section 263 Revision as AO Had Examined Related-Party Payments Under Section 40A(2)(b)

Income Tax

Finance

ICAI

Judgement

ITAT Delhi

ITAT

Chartered Accountant

CBDT

ITAT Mumbai

Tata Chemicals has secured major relief in Rs 908 arbitration case as the MCIA has rejected the statement claim made by Allied Silica Limited (ASL). 

Major Relief in Arbitration Case: MCIA Denies Rs 908 Crore Statement Claim Made by Allied Silica Against Tata Chemicals

The MCA and ICSI will conduct an AOC-4 user awareness session on October 19, 2026, amid portal glitch concerns and extension requests, while the October 29 filing deadline remains unchanged.

MCA and ICSI to Hold User Awareness Session on Form AOC-4 Filing Amid Glitches on MCA-21 Version-3 Portal

Pinarayi Vijayan moves the Supreme Court challenging the Kerala High Court’s FIR order in the alleged CMRL bribery case, seeking protection from coercive action.

ICAI Holds CA Not Guilty of Other Misconduct Over Examination Centre Incident:

ICAI Holds CA Not Guilty of Other Misconduct Over Examination Centre Incident

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