The Allahabad High Court dismissed a public interest litigation challenging the 18 percent GST on online legal research services, citing an unexplained delay.
Recent rulings by the National Company Law Tribunal (NCLT) have established a significant precedent for corporate restructuring, confirming that companies limited by shares can transition into companies limited by guarantee…
The Allahabad Bench of the National Company Law Tribunal (NCLT) has issued a landmark ruling, permitting a company to proceed with the conversion of its share capital into a company…
Internal audit departments across global enterprises are undergoing a fundamental transformation this year as artificial intelligence (AI) shifts the profession from manual, retrospective testing toward real-time, continuous risk monitoring. By…
The Shift Toward Standardized Audit DocumentationAs the fiscal year concludes, tax professionals and business owners across India are increasingly adopting standardized Excel-based working sheets to navigate the complexities of tax…
The Income Tax Appellate Tribunal (ITAT) recently issued a landmark ruling, condoning a nearly three-year delay in filing an appeal after the taxpayer cited erroneous professional advice as the primary…
In a significant shift for corporate tax compliance, tax auditors are now required to report all purchases and sales of unquoted shares under Clause 47 of Form 3CD. This regulatory…
As the fiscal year 2025-26 approaches its close, businesses operating in India face a critical window to rectify Goods and Services Tax (GST) reporting discrepancies before the statutory deadline of…
Understanding the Evolving Tax LandscapeAs the Assessment Year (AY) 2026-27 approaches, salaried employees in India must navigate the complexities of the New Tax Regime under Section 115BAC. While this regime…
Publishers operating within the digital and print media landscape must now navigate a rigorous framework of post-registration compliance requirements following the acquisition of their Press and Registration of Books and…
The Ruling and Its ScopeThe Supreme Court of India has issued a landmark judgment confirming that individual states possess the constitutional authority to regulate or entirely prohibit betting on games…