News

Blog, News, FEMA & Banking

February 28, 2025

IFSCA Mandates Registration on FIU-IND Portal to Ensure Compliance With Anti-Money Laundering and KYC Guidelines

Circular No. F. No. IFSCA/2/2025-AMLCFT/01; … Continue reading “IFSCA Mandates Registration on FIU-IND Portal to Ensure Compliance With Anti-Money Laundering and KYC Guidelines”

News, Blog, Account & Audit

February 28, 2025

[Global Financial Insights] IASB to Release Updated Third Edition of IFRS for SMEs Accounting Standard and More

Editorial Team – [2025] 171 … Continue reading “[Global Financial Insights] IASB to Release Updated Third Edition of IFRS for SMEs Accounting Standard and More”

Blog, News, GST & Customs

February 28, 2025

Order of Rejection to Be Set Aside as There Was No Restriction for Persons Outside State to Seek GST Registration in Andhra Pradesh | HC

Case Details: Tirumala Balaji Marbles … Continue reading “Order of Rejection to Be Set Aside as There Was No Restriction for Persons Outside State to Seek GST Registration in Andhra Pradesh | HC”

Blog, News, GST & Customs

February 28, 2025

Builder Cannot Deduct GST From Refund of Booking Amount if No Such Clause Exists in Sale Agreement | HC

Case Details: Emerald Haven Realty … Continue reading “Builder Cannot Deduct GST From Refund of Booking Amount if No Such Clause Exists in Sale Agreement | HC”

Blog, News, Company Law

February 28, 2025

SEBI Rightly Barred Appellant From Securities Market for a Year & Imposed a Penalty for Trading in Biocon Scrip Using UPSI | SAT

Case Details: Kunal Ashok Kashyap … Continue reading “SEBI Rightly Barred Appellant From Securities Market for a Year & Imposed a Penalty for Trading in Biocon Scrip Using UPSI | SAT”

Blog, News, Income Tax

February 28, 2025

HC Justified Retention of Cash Seized During Search as Assessee Raised His Claim for Return of Money After a Month

Case Details: Kamlesh Shah vs. … Continue reading “HC Justified Retention of Cash Seized During Search as Assessee Raised His Claim for Return of Money After a Month”

Blog, News, Income Tax

February 28, 2025

Non-Registration of Trust Under State Trust Act Not a Hurdle for Registration Under Income Tax Act | ITAT

Case Details: APJ Abdul Kalam … Continue reading “Non-Registration of Trust Under State Trust Act Not a Hurdle for Registration Under Income Tax Act | ITAT”

Blog, News, Income Tax

February 27, 2025

No Fault of Revenue if Notice Wasn’t Served Upon Assessee Due to Non-Updation of Her Address in PAN Card | HC

Case Details: Srimani Basu v. … Continue reading “No Fault of Revenue if Notice Wasn’t Served Upon Assessee Due to Non-Updation of Her Address in PAN Card | HC”

News, Blog, Income Tax

February 27, 2025

Sequence of Notices u/s 142(1) and 143(2) Irrelevant if Both Served Purpose of Making Valid Assessment | HC

Case Details: Hexa Steel and … Continue reading “Sequence of Notices u/s 142(1) and 143(2) Irrelevant if Both Served Purpose of Making Valid Assessment | HC”

Blog, News, GST & Customs

February 27, 2025

Order to Be Set Aside as Appeal Was Dismissed on Account of Pre-Deposit Shortfall Without Opportunity to Rectify Shortfall | HC

Case Details: D N Polymers … Continue reading “Order to Be Set Aside as Appeal Was Dismissed on Account of Pre-Deposit Shortfall Without Opportunity to Rectify Shortfall | HC”