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Supreme Court Upholds Section 16(2)(c) of CGST Act as Constitutional
Posted inBlog

Supreme Court Upholds Section 16(2)(c) of CGST Act as Constitutional

Discover how the Supreme Court ruling on CGST Section 16 2 c impacts your input tax credit eligibility and business compliance.
Posted by Prasenjit Bhowmik August 25, 2026
CAG Customs Audit Report 2026 Flags RoSCTL Deficiencies
Posted inBlog

CAG Customs Audit Report 2026 Flags RoSCTL Deficiencies

The Comptroller and Auditor General of India released its comprehensive Customs Audit Report for 2026, revealing significant procedural flaws and revenue implications totaling ₹667 crore. The findings, published earlier this…
Posted by Prasenjit Bhowmik August 23, 2026
CAG Flags ₹38.40 Lakh Crore Unrealised Taxes in FRBM Compliance Review
Posted inBlog

CAG Flags ₹38.40 Lakh Crore Unrealised Taxes in FRBM Compliance Review

India's supreme audit institution has released a comprehensive evaluation highlighting significant financial shortfalls in government collections. According to official reports, the Comptroller and Auditor General (CAG) flagged a staggering ₹38.40…
Posted by Prasenjit Bhowmik August 23, 2026
Debt Market at IFSC: Landscape, Trends and Outlook 2025-26
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Debt Market at IFSC: Landscape, Trends and Outlook 2025-26

During fiscal year 2025-26, the Gujarat International Finance Tec-City (GIFT) International Financial Services Centre (IFSC) solidified its status as India's premier international debt market hub. Official data shows that cumulative…
Posted by Prasenjit Bhowmik August 5, 2026

Recent Posts

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  • Corporate Guarantee GST: Understanding the Gujarat High Court Ruling on Annual Taxability
  • Multi-Year Section 74 GST Notices: High Courts Split on Composite SCNs
  • Delhi High Court Rules on Pre September 2024 Search and Section 148 Notices

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  1. Misuse of SARFAESI Act: Borrower Concerns and Banking Practices – smeaccountant on Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
  2. Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited – smeaccountant on Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited
  3. Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics – smeaccountant on Financial Institution Appeals District Consumer Commission Order in Gurdaspur
  4. Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings – smeaccountant on Omaxe New Chandigarh Developers Challenges District Commission Orders in Revision Petition
  5. Adani Power Challenges Maharashtra Regulatory Commission Order in Landmark Appeal – smeaccountant on MSEDCL Seeks Withdrawal of Appeal in Regulatory Dispute with JSW Energy

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