The adjudicating authority held that omission of a registered valuer’s report in PAS-3 filings attracts penalty under section ...

The adjudicating authority held that filing AOC-4 after prolonged delay attracts penalty despite eventual compliance.

A fresh one-year window allows eligible investors to re-lodge pre-April 2019 physical share transfers and complete ...

The U.S. announced a reduction of tariffs on Indian goods to 18%, indicating a strategic reset in bilateral trade. The move ...

The regulator held that cumulative shareholding changes crossing prescribed limits require prior approval. A warning was issued for non-compliance despite the lapse being termed ...

The court held that amounts credited due to a clerical RTGS error cannot be retained or recovered as tax dues when they do not belong to the account holder. Recovery provisions were ruled inapplicable ...

The analysis explains how activities of a liaison office can trigger PE exposure despite regulatory approval. Taxability depends on substance, not designation, under treaty ...

Multiple notifications and circulars issued during the week implemented Budget 2026 measures across direct and indirect taxes. The updates impact compliance, exemptions, refunds, automation, and ...

The government has notified a clear wage ceiling for supervisory roles. Earnings above this limit remove such employees from worker coverage under the ...

The Government clarified that GST delays attract fees, not penalties. Late fee collections remained under ₹2,000 crore annually in recent ...

The Assessing Officer treated all cash deposits as unexplained income under Section 115BBE. The Tribunal held that deposits prima facie represented IOC sales and required factual verification before ...

Foreign companies providing machinery or tooling to Indian contract manufacturers can claim income-tax exemption. The move supports electronics manufacturing in customs bonded ...