Popular Articles

GST Alert Circular No. 29/25-26: Investigation into Fraudulent ITC Passing, ITC Amounts, Legal Implications & Recovery Directions (FY 2019-21)

CA Varun Gupta 11 September 2025 at 08:40

The Delhi GST Department’s Circular No. 29/2025-26 uncovers a Rs 30.56 crore fake ITC fraud involving non-existent suppliers and bogus invoices. Learn about the case of M/s Mohd Shahid Enterprises, recipient-wise ITC exposure, legal framework and enforcement actions under GST.

Concept of Tax Neutrality Doctrine

AMIT RAGHAV 02 June 2025 at 08:44

The Doctrine of Tax Neutrality is a foundational principle in tax policy that emphasizes that taxation should not distort economic choices or resource allocation.

Understanding The Competence-Competence Principle

FCS Deepak Pratap Singh 28 June 2024 at 08:33

As you are aware, arbitration is one of the most popular alternate dispute resolution methods. It is a less time-consuming, private, economic, and effective dispute resolution process. Individual, partnership, and corporate entities favored this process. There is no internationally approved definition of arbitration.

Motor Insurance Frauds: Detection and Control

FCS Deepak Pratap Singh 22 November 2024 at 08:38

As you are aware, insurance companies are considered custodians of the money of their policyholders. A policyholder pays a premium to the insurance company with the hope that, in case of financial loss, the insurance company will indemnify him/her.

DIN KYC: Once in 3 Years Instead of Every Year

Prakasha and Co 03 January 2026 at 06:44

MCA grants major relief to directors by amending DIN KYC norms - DIR-3 KYC is now required once every 3 years instead of annually. New rules effective from 31 March 2026. Learn due dates, exceptions, and key compliance highlights.

Government Likely to Introduce Simplified Income Tax Bill in Budget Session

CA Naveen Panwar 24 January 2025 at 08:50

The government is expected to propose a new Income Tax bill during the upcoming Budget session of Parliament, aiming to overhaul the current tax legislation.

How to Apply for Shop and Establishment Act Registration Online in India

Kapil kumar 15 December 2025 at 06:45

Shop and Establishment Act registration in India made simple. Learn eligibility, documents, online application steps, renewal rules, and key benefits of obtaining a Shop and Establishment Certificate for legal business compliance.

RBI: Financial Stability Report (2025-2026)

T.R.Radhakrishnan 09 July 2025 at 11:03

The Reserve Bank of India's latest Financial Stability Report outlines India’s strong macroeconomic fundamentals, robust banking sector and resilient financial system amidst global uncertainties. Despite rising global risks, stress tests confirm the Indian financial sector's stability, with RBI urging continued vigilance and regulatory agility.

Similarity and Difference between 'Call Option' and 'Put Option'

Affluence Advisory 07 December 2024 at 08:43

Pricing mechanisms for options are captured in the shareholders/option agreement/s. Where foreign parties are involved, there are certain pricing and other guidelines laid down by RBI that have to be mandatorily complied with.