ICAI has widened AQMM coverage to firms auditing group entities of listed companies, banks, and insurers. The move ensures ...

IFSCA requires PSPs to obtain approval before joining Rupee Drawing Arrangements. The rule ensures strict adherence to AML, ...

CBDT corrected multiple clerical and structural errors across income tax return schedules. The changes ensure accurate reporting and eliminate inconsistencies in tax ...

CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and loss adjustments for accurate ...

The case focuses on systemic delays and technical shortcomings in the e-filing system. The Court directed the Department to ...

GSTN has enabled editing of the pre-deposit percentage in APL-01 filings. The change allows taxpayers flexibility, while verification remains with the appellate ...

The Court held that reliable DNA profiling and medical evidence can independently establish guilt. It ruled that absence of a strong “last seen” theory does not weaken a complete chain of scientific ...

Regulatory changes now require companies to disclose and verify ESG data, increasing demand for professional assurance services. Chartered accountants can leverage their audit and compliance skills to ...

The provision grants full deduction of profits for eligible start-ups for three years. The key takeaway is that structured conditions must be met to claim the ...

The Tribunal held that margins earned from buying and selling cargo space are trading profits, not consideration for services. Such transactions on a principal-to-principal basis are not liable to ...

The ruling held that incomplete documentation or minor deficiencies cannot be sole grounds for denial of registration. It emphasized that such issues may be examined during assessment ...

The issue was whether missing country-of-origin markings could deny duty exemption. The Tribunal held that valid documents and identifiable goods suffice, allowing ...