Learn how marginal relief prevents disproportionate tax liability when your income slightly exceeds a surcharge threshold, ensuring fairness in ...

Explore how AI-assisted vibe coding transforms audits, tax compliance, and professional drafting, boosting efficiency and accuracy for Chartered Accountants in the digital ...

The Tribunal held that depreciation claims requiring factual verification cannot be disallowed through prima facie adjustments under section ...

The High Court declined to interfere with a GST show cause notice, holding that the challenge was premature. The assessee was directed to pursue adjudication and raise all legal ...

The IBC legally ensures RP independence, but practical constraints like CoC-controlled fees and appointments often limit autonomy, affecting both perception and execution of ...

The Supreme Court ruled that residential GST exemption applies where end use is residential, even if a company sub-leases the property. Sub-leasing alone does not trigger ...

The issue was whether summons under Section 70 trigger formal GST proceedings. Courts held that summons are part of inquiry only, with proceedings commencing later through statutory ...

The Supreme Court held that directing time-bound investigations should be exceptional and only where undue delay or stagnation is evident, preserving investigative autonomy while protecting Article 21 ...

The authority held that the alleged age restriction for an examination arose from user-interface design, not from any rule or regulation, and found no RTI ...

The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ...

The Appellate Authority held that the change in corporate status was made to implement a subsisting NCLAT stay. Since the relevant Change Request Form was already disclosed, no further information was ...

The update formally amends the Handbook of Procedures to include an additional bank for gold imports, specifying validity, scope, and consumption ...