SCN Stayed as Allahabad HC Grants Relief in IGST Refund
The issue was whether a show cause notice could be issued under a rule already omitted. The court stayed the notice, holding that the jurisdictional challenge requires further…
TAXATION UPDATES
1 अप्रैल से लागू होंगे नए इनकम टैक्स नियम, सैलरीड को दो बड़े
आगामी वित्त वर्ष 2026 से भारत में नया इनकम टैक्स कानून लागू होगा, जिसमें इलेक्ट्रिक वाहनों पर टैक्स में राहत और एचआरए छूट में विस्तार जैसे महत्वपूर्ण बदलाव शामिल हैं। यह नियम…
CIRP Initiated Against Neurostar Hospital for ₹28.5 Crore Debt
Bank of India has successfully initiated the Corporate Insolvency Resolution Process against Neurostar Hospital Private Limited over a financial default of ₹28.51 crore, following…
Bombay High Court Invalidates Section 148 Notice Over
The Bombay High Court ruled that a Section 148 notice issued by the Jurisdictional Assessing Officer instead of the Faceless Assessing Officer is invalid, quashing the notice…
SEBI Revises Credit Risk Criteria for REIT Investments
SEBI has lowered the minimum credit risk value from 12 to 10 for REIT investments and expanded eligible instrument classes, enhancing investment opportunities under the REIT…
SEBI Lowers AIF Investment Threshold to ₹1,000 for Easier
SEBI has lowered the minimum investment threshold for Alternative Investment Funds from ₹2 lakh to ₹1,000, easing compliance and broadening investor access. Additional amendments…
अक्षय तृतीया से पहले सोने-चांदी की कीमतों में गिरावट
अक्षय तृतीया से पहले सोने और चांदी की कीमतों में गिरावट आई है। भूराजनीतिक तनाव में कमी और बाजार की सतर्कता के कारण सोने-चांदी के दाम सीमित दायरे में रहे।
ICSI Requests Clear Guidelines for Form Filings During
ICSI has highlighted challenges in filing statutory forms during company liquidation under the Insolvency and Bankruptcy Code, urging clear guidelines to empower liquidators and…
CESTAT Mumbai Cancels Rs 50 Crore Tax Demand on ARC Trustee
CESTAT Mumbai overturned a Rs 50 crore service tax demand on an asset reconstruction company trustee, ruling that management and incentive fees earned are not taxable banking or…
Big Relief for Pigmy Agents: Karnataka HC Stops GST Reverse
The issue was whether pigmy agents are independent service providers or employees. The Court held they are employees, so their remuneration is not a taxable supply under GST.