Section 247 of the Income Tax Act 2025 explained: Govt says no new authority or AI monitoring powers for tax officials. Read key details!
The Reserve Bank of India has issued final directions on the Unique Transaction Identifier (UTI) for OTC derivative transactions after reviewing stakeholder feedback, aiming to enhance transparency and global aggregation of market data.
ICAI announces PAN as a mandatory field for UDIN generation under GST & Tax Audit. UDIN validation on CBDT e-Filing portal will now be based on five parameters from February 2026.
The government has rejected claims of excessive multi-layered taxation, stating India's tax-to-GDP ratio remains among the lowest in the G20 while highlighting GST rationalisation and ongoing tax reforms aimed at simplification and compliance.
Public Notice No. 02/2025-26 issued by the GST Appeals Commissionerate in Chennai clarifies timelines and grievance redressal for filing appeals before the GSTAT amid APL-04 portal issues under Section 112 of the CGST Act, 2017.
ICAI Disciplinary Committee reprimands CA for certifying unsigned financial statements filed in Form AOC-4, holding him guilty of professional misconduct under CA Act, 1949.
ICAI announces field-level validation for all Section 44AB sub-categories and caps UDIN generation as per 60 tax audit limit from April 1, 2026. Read full details.
Stock exchanges must maintain audit trails, prevent transaction erasure, record PAN and UCC, and submit monthly reports to DGIT under new Rule 4 of Draft IT Rules 2026.
The SEZ Rules, 2026 amend Rule 19, empowering IFSCA to issue Form GA for IFSC units in GIFT City. Here's what the new approval framework means.
SBI Research reports 11% YoY growth in currency in circulation to Rs 40 lakh crore despite booming UPI payments. GST notices may have influenced cash use.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
CAclubindia
