The issue of whether GST authorities can issue a single composite Show Cause Notice (SCN) or assessment order covering multiple financial years under Sections 73 and 74 of the CGST Act has now reached the Supreme Court.
23 May 2026
40 Views
In the case of Ranjeet Kumar Poddar v. Assistant Commissioner of CGST & CX, the Court emphasized that detention of goods, especially perishable consignments, should not become a punitive or commercially destructive exercise before adjudication reaches finality.
RBI's new April 2026 framework removes mandatory registration for low-risk Type I NBFCs without public funds or customer interface. Learn the new classification system, deregistration roadmap, compliance rules, and key benefits for family offices and private investment entities.
Explore the top career opportunities for Chartered Accountants in 2026, including Risk Advisory, Banking, Treasury, Investment Banking, and emerging risk management roles shaping the future of finance and governance.
23 May 2026
62 Views
Punjab & Haryana High Court rules that GST recoveries cannot bypass legal safeguards, reaffirming that proper notice, natural justice, and the statutory recovery timeline under the CGST Act must be strictly followed.
22 May 2026
1727 Views
Understand the impact of indexation on tax for AY 2026-27 after the Finance Act 2024 changes. Know the new 12.5% LTCG tax rule, CII 376, grandfathering benefits, property tax calculations and whether 20% with indexation or 12.5% without is better for you.
22 May 2026
8691 Views
Know the current account transaction limits, cash deposit rules, PAN thresholds, SFT reporting, TDS on withdrawals, and Income Tax rules for FY 2026-27. Learn current account cash limits, transfer caps, penalties and tax compliance requirements for businesses in India.
Learn how CPA, CMA, and ACCA certifications bridge the gap between college education and corporate finance careers with practical skills and credibility.
Learn the key differences between DRT, SARFAESI, and IBC in India. Understand bank recovery laws, NPAs, secured assets, and insolvency resolution.
21 May 2026
5140 Views
The Madras High Court in TVL. Sam Enterprises & Ors. explains how alleged circular trading, fake invoicing, and artificial GST turnover can attract heavy penalties under Section 122 of the CGST Act. Understand the Court's view on proportionality, fake ITC, writ jurisdiction, and statutory appellate remedies in this landmark GST judgment.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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