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Month: May 2026

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  • 2026
  • May
  • Page 7
Allahabad High Court Rules Lawyers Immune from Criminal Prosecution for Professional Duties
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Allahabad High Court Rules Lawyers Immune from Criminal Prosecution for Professional Duties

Legal Immunity for Professional AdvocacyThe Allahabad High Court recently established a significant legal precedent, ruling that lawyers cannot face criminal prosecution solely for performing their professional duties. In a landmark…
Posted by Prasenjit Bhowmik May 30, 2026
The Limits of Buyer Liability: Challenging GST Enforcement on Third-Party Supply Chains
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The Limits of Buyer Liability: Challenging GST Enforcement on Third-Party Supply Chains

In an increasingly complex Goods and Services Tax (GST) environment, legal experts and tax practitioners are pushing back against revenue authorities who hold genuine buyers accountable for the tax compliance…
Posted by Prasenjit Bhowmik May 30, 2026
Navigating the Intersection of Companies Act Amendments and Corporate Taxation
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Navigating the Intersection of Companies Act Amendments and Corporate Taxation

Recent amendments to the Companies Act have introduced significant regulatory shifts that directly impact how corporations manage their tax liabilities across India. By tightening oversight on penalty payments, Corporate Social…
Posted by Prasenjit Bhowmik May 30, 2026
Navigating the 2026 Job Market: Strategic Career Entry for Newly Qualified Chartered Accountants
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Navigating the 2026 Job Market: Strategic Career Entry for Newly Qualified Chartered Accountants

Newly qualified Chartered Accountants (CAs) entering the workforce in 2026 face a rapidly evolving professional landscape characterized by high competition and shifting technical demands. To secure first-time placements more efficiently,…
Posted by Prasenjit Bhowmik May 30, 2026
MCA Expands CSR Framework to Include Zero Coupon Zero Principal Instruments
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MCA Expands CSR Framework to Include Zero Coupon Zero Principal Instruments

The Ministry of Corporate Affairs (MCA) has officially amended the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2026, to allow corporations to count investments in Zero Coupon Zero Principal (ZCZP)…
Posted by Prasenjit Bhowmik May 30, 2026
MCA Expands CSR Eligibility to Include Social Stock Exchange Instruments
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MCA Expands CSR Eligibility to Include Social Stock Exchange Instruments

The Ministry of Corporate Affairs (MCA) in India officially amended Schedule VII of the Companies Act, 2013, this week to include investments in Zero Coupon Zero Principal (ZCZP) instruments listed…
Posted by Prasenjit Bhowmik May 30, 2026
SEBI Streamlines Nomination Norms for Demat Accounts and Mutual Funds
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SEBI Streamlines Nomination Norms for Demat Accounts and Mutual Funds

The Securities and Exchange Board of India (SEBI) has officially modified its nomination norms for demat accounts and mutual fund folios, responding to widespread feedback from market participants regarding implementation…
Posted by Prasenjit Bhowmik May 30, 2026
DGFT Updates Chemical Export Norms via Revised SIONs
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DGFT Updates Chemical Export Norms via Revised SIONs

The Directorate General of Foreign Trade (DGFT) issued Public Notice No. 13/2026-27 this week, mandating immediate revisions to Standard Input-Output Norms (SIONs) for a wide range of chemical and allied…
Posted by Prasenjit Bhowmik May 30, 2026
Customs Department Challenges Provisional Release Order in Recent Legal Dispute
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Customs Department Challenges Provisional Release Order in Recent Legal Dispute

Customs Department Challenges Provisional Release OrderThe Commissioner of Customs (ICD) Dadri has officially challenged a ruling by the Commissioner (Appeals), CGST, Noida, regarding the provisional release of imported goods belonging…
Posted by Prasenjit Bhowmik May 30, 2026
IRDAI Fines Nissan Renault ₹1 Crore Over Distribution Fee Disclosure Lapses
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IRDAI Fines Nissan Renault ₹1 Crore Over Distribution Fee Disclosure Lapses

Regulatory Oversight in the Automotive Insurance SectorThe Insurance Regulatory and Development Authority of India (IRDAI) has imposed a penalty of ₹1 crore on Nissan Renault Financial Services India for failing…
Posted by Prasenjit Bhowmik May 30, 2026

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Recent Posts

  • ITAT Limits Tax Authority Powers: Reassessments Require Independent Verification
  • ITAT Remands Section 270A Penalty Case if Quantum Appeal Was Still Pending
  • Calcutta High Court Ruling Establishes TDS Records as Legal Proof of Financial Relationships
  • CESTAT Ruling Strengthens CENVAT Credit Eligibility Based on Service Nexus
  • NCLAT Finalizes Resolution Plan Stance, Dismissing GNIDA Appeal

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