Clipped from: https://www.thehindubusinessline.com/opinion/managing-the-small-things/article70526379.ece GST rules need a tweak to help businesses Rule change: Aiding business | Photo Credit: iStockphoto Swami Vivekananda once said if you really
Consumer Protection: Fit-out possession does not count as delivery of flat
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-fit-out-possession-does-not-count-as-delivery-of-flat-126011800799_1.html The Chandigarh State Commission noted that obtaining both certificates – completion and occupation – is a must to make possession offer legally valid
The long road to recovery: Need to expand NCLT strength to reduce delays | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/the-long-road-to-recovery-need-to-expand-nclt-strength-to-reduce-delays-126011800810_1.html India’s bad loan problem is easing, but rising delays at the NCLT highlight the urgent need to expand tribunal strength to speed up
Why growth isn’t saving the rupee despite low inflation, modest CAD | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/why-growth-isn-t-saving-the-rupee-despite-low-inflation-modest-cad-126011901333_1.html Strong headline numbers, low inflation and a modest current account deficit have fostered the belief that little needs fixing Listen to This Article
Claiming third-party motor insurance? How it works after an accident | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/claiming-third-party-motor-insurance-how-it-works-after-an-accident-126011900675_1.html Injury, damage, liability: what really gets paid under third-party insurance Insurance, Insurance sector Listen to This Article Third-party motor insurance is the most basic and
Govt announces interest subvention scheme for export credit under EPM | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/govt-announces-interest-subvention-scheme-for-export-credit-under-epm-126011901128_1.html RBI notifies interest subvention scheme Niryat Prothsahan, directing banks to extend subsidised pre- and post-shipment export credit under EPM Lending institutions have been
At UCB meet, RBI stresses asset quality oversight, governance standards | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/rbi-flags-governance-standards-asset-quality-oversight-in-ucbs-meeting-126011901169_1.html RBI Governor Sanjay Malhotra urges urban co-operative banks to strengthen governance, underwriting and asset quality, reiterating their role in financial inclusion Recently, the
‘Tax Year’ replacing ‘Assessment Year’ in new income tax law: How it will impact taxpayers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/tax-year-replacing-assessment-year-in-new-income-tax-law-how-it-will-impact-taxpayers-4112178/ From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and compliance for individuals.
Rs 1.91 crore ‘unexplained cash’: HC grants relief to taxpayer despite ITR lapse by cash giver – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-1-91-crore-unexplained-cash-hc-grants-relief-to-taxpayer-despite-itr-lapse-by-cash-giver/articleshow/126666305.cms Listen to this article in summarized format On December 18, 2025, the Patna High Court overturned an ITAT order and gave relief to
*******Dubai-based taxpayer gets I-T notice for unexplained investment in Rs 2 crore Mumbai property; he fights back and gets relief from ITAT Mumbai – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/dubai-based-taxpayer-gets-i-t-notice-for-unexplained-investment-in-rs-2-crore-mumbai-property-he-fights-back-and-gets-relief-from-itat-mumbai/articleshow/125958976.cms On November 14, 2025, Mr. Ostwal won his income tax case at ITAT Mumbai, as the tribunal deleted Rs 2 crore addition to
*******NRI property sellers lose lakhs to TDS delays; why Budget 2026 must step in to simplify the tax rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nri-property-sellers-lose-lakhs-to-tds-delays-why-budget-2026-must-step-in-to-simplify-the-tax-rules/articleshow/126666575.cms The current tax regulations around sale of property are quite complex, leading to significant fund blockage for non-resident Indians (NRIs) who are selling property. A
*******Reassessment Invalid Without Section 143(2) After Return u/s 148: ITAT Pune
lipped from: https://taxguru.in/income-tax/reassessment-invalid-section-143-2-return-u-s-148.html Bharat Kantilal Chengede Vs ITO (ITAT Pune) Reassessment Quashed for Non-Issue of Section 143(2) Notice Despite Belated Return Filed u/s 148- Pune Trib
Adjudication Beyond SCN: Violation of Section 75(7) of CGST Act, 2017
lipped from: https://taxguru.in/goods-and-service-tax/adjudication-show-notice-violation-section-75-7-cgst-act-2017.html Adjudication Beyond Show Cause Notice: Violation of Section 75(7) of the CGST Act, 2017 Introduction: Statutory restriction on adjudication Section 75(7) of the
Appeal Dismissal for Non-Prosecution Invalid When Notices Sent to Wrong Email Address
Clipped from: https://taxguru.in/income-tax/appeal-dismissal-non-prosecution-invalid-notices-wrong-email-address.html Veenus Jewellars Vs ITO (ITAT Hyderabad) Failure to Follow Specified Mode of Communication Invalidates Dismissal for Non-Prosecution: ITAT Hyderabad The ITAT Hyderabad condoned a
All About ITC Denial to Purchasers Due to Supplier’s Tax Default
Clipped from: https://taxguru.in/goods-and-service-tax/itc-denial-purchasers-due-suppliers-tax-default.html Author’s Note As we saw, most purchasers were penalised due to the supplier’s default. Sometimes suppliers forget to pay tax, and other times
GST Appeal Pre-Deposit Can Be Paid Using Input Tax Credit: SC
Clipped from: https://taxguru.in/goods-and-service-tax/gst-appeal-pre-deposit-paid-input-tax-credit-sc.html Yasho Industries v. Union of India (Use of Electronic Credit Ledger for GST Appeal Pre-Deposit) The Supreme Court’s decision in Yasho Industries v. Union of
Wages under New Wage Code (CoSS 2020): ESIC Applicability & Key Nuances
Clipped from: https://taxguru.in/corporate-law/wages-wage-code-coss-2020-esic-applicability-key-nuances.html Understanding “Wages” under the New Wage Code (CoSS 2020) ESIC Applicability, Definition & Critical Nuances Every Employer Must Know With the implementation of
ITC Reversal Fails When GST Registration Cancellation Is Set Aside: AP HC
Clipped from: https://taxguru.in/goods-and-service-tax/itc-reversal-fails-gst-registration-cancellation-set-ap-hc.html Summary: In a practical and taxpayer-friendly ruling, the Andhra Pradesh High Court held that input tax credit (ITC) reversal under Section 29(5) of the
Nominee vs. legal heir: who is legally entitled to funds? – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/nominee-vs-legal-heir-who-is-legally-entitled-to-funds/article70521768.ece If a nominee has been appointed for a bank account, the bank may release funds to the nominee; however, ownership of those funds
Most GST disputes arise from misread notifications, not tax evasion: CA explains why – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/most-gst-disputes-arise-from-misread-notifications-not-tax-evasion-ca-explains-why-511338-2026-01-17 Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be read in isolation. Every notification,