2026 – Page 52 – smeaccountant

Close-up of a hand grabbing euro bills from a cluttered desk, symbolizing finance or financial crisis.

NCLAT Delhi Rules Unrelated Criminal Disputes Cannot Block Operational Debt Claims

NCLAT Delhi clarifies that pre-existing disputes must directly relate to operational debt, preventing unrelated criminal allegations from defeating employee claims.

Prasenjit Bhowmik September 27, 2026

Close-up of a hand on tax form 1040 with a calculator on a desk.

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Notice Pay and Hotel Cancellation Charges Are Not Taxable Service CESTAT Delhi

CESTAT Delhi rules that notice pay and hotel cancellation or no-show retention charges do not qualify as taxable declared services under Section 66E(e).

Prasenjit Bhowmik September 27, 2026

A suburban house undergoing major renovations with scaffolding and building materials.

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ITAT Rajkot Restores Rs 4.30 Crore Section 69A Addition for Fresh Adjudication

ITAT Rajkot remands a Rs 4.30 crore Section 69A income tax addition and penalty back to CIT(A) for fresh adjudication after merits were left undecided.

Prasenjit Bhowmik September 27, 2026

Detailed close-up image of a shopping receipt showing GST and total changes.

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Understanding GST on UPI Payments and Merchant Discount Rate Rules

Learn how GST on UPI payments works, including the upcoming MDR regulations, the 2000 rupee threshold, the 18 percent tax rate, and merchant costs.

Prasenjit Bhowmik September 27, 2026

Urban traffic light and signs with building reflection in downtown Toronto.

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Rule 86B Decoded: 6 Exceptions When 99% ITC Restriction Does Not Apply

Understand Rule 86B and the six critical exceptions where the 99 percent Input Tax Credit restriction does not apply to businesses.

Prasenjit Bhowmik September 27, 2026

A clipboard with the phrase 'Office Rules' spelled out using Scrabble tiles on a beige background.

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Rule 86B Decoded: Six Exceptions to the 99% ITC Restriction in GST

Learn about Rule 86B under CGST Rules, the 1 percent cash payment mandate, and the six key exceptions where the 99 percent ITC restriction does not apply.

Prasenjit Bhowmik September 27, 2026

Close-up of an AI-driven chat interface on a computer screen, showcasing modern AI technology.

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Boosting Audit Efficiency with AI Prompts for Professional Auditors

Discover how professional auditors can leverage powerful AI prompts to enhance efficiency across statutory, bank, internal, and tax audits.

Prasenjit Bhowmik September 27, 2026

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Legal Complaint Filed for Medical Negligence and Hearing Loss

A formal legal complaint has been filed alleging medical negligence, seeking compensation for bilateral hearing loss and ongoing personal care dependency.

Prasenjit Bhowmik September 27, 2026