Blog – Page 41 – smeaccountant

Consumer Court Directs Developers to Hand Over Possession Amidst Project Delays

In a significant ruling on May 14, 2026, the National Consumer Disputes Redressal Commission (NCDRC), presided over by Justice A.P. Sahi, ordered real estate developer M/S. Advance India Projects Ltd.…

Prasenjit Bhowmik May 20, 2026

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Real Estate Developers Ordered to Deliver Possession Amidst Project Delays

In a significant ruling on May 14, 2026, the National Consumer Disputes Redressal Commission (NCDRC), presided over by Justice A.P. Sahi, addressed two appeals stemming from separate consumer complaints filed…

Prasenjit Bhowmik May 20, 2026

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Banks’ Liability for Third-Party Fraud Under Scrutiny in Landmark Consumer Protection Case

A significant legal battle is unfolding, centering on whether banks can be held liable for fraudulent activities orchestrated by third parties, a case that reached the National Consumer Disputes Redressal…

Prasenjit Bhowmik May 20, 2026

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Chhattisgarh Tax Tribunal Upholds Central Excise Authority in Ghankun Steels Dispute

The Chhattisgarh Tax Tribunal has ruled in favor of the Commissioner of CGST & Central Excise, Raipur, in a significant appeal filed by M/s. Bimal Kishore Khetan (formerly Ghankun Steels…

Prasenjit Bhowmik May 20, 2026

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Insurance Claim Dispute Highlights Speed of Repudiation vs. Surveyor’s Report

In a case heard on May 15, 2026, Kangan Palace, a complainant, is contesting a decision by the Branch Manager of Union Bank of India and another respondent. The core…

Prasenjit Bhowmik May 20, 2026

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New GSTN Advisory on GSTR-3B Interest Re-computation

The Goods and Services Tax Network recently issued a significant advisory regarding the re-computation of interest for taxpayers filing GSTR-3B under Table 5.1. This development comes as a major relief…

Prasenjit Bhowmik April 18, 2026

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Taxpayer’s Selection of ‘No’ for a Personal Hearing Cannot Override the Statutory Requirement of Granting a Hearing: High Court

The judiciary has recently delivered a pivotal clarification regarding the rights of taxpayers under the GST regime. The High Court ruled that selecting the 'No' option for a personal hearing…

Prasenjit Bhowmik April 17, 2026

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GST Authorities Cannot Combine Company and Director Liability: Court Orders Separate Proceedings

In a landmark ruling, the High Court has clarified that GST authorities cannot issue a single, composite liability order against both a company and its director. This decision emphasizes that…

Prasenjit Bhowmik April 17, 2026

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🚨 Major Update: Decoding the 12% Surcharge on Promoter Buybacks | Finance Bill 2026

The Lok Sabha has officially passed the Finance Bill, 2026, introducing landmark changes to the taxation of share buybacks. If you are a Company Promoter or a High-Net-Worth Investor, this…

Prasenjit Bhowmik March 27, 2026

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Key Income Tax Changes in India for 2026

India’s income tax framework is undergoing significant changes this March, with crucial deadlines converging and the new Income Tax Act, 2025 set to take effect from April 1, 2026. Taxpayers,…

Prasenjit Bhowmik March 15, 2026