• June 10, 2025

The Institute of Chartered Accountants of India (ICAI), through its Committee for Aggregation of CA Firms (CACAF), has released an Exposure Draft of the proposed Guidelines for Overseas Network. This draft is open for public comments until 27th June 2025, and marks a significant regulatory development aimed at fostering cross-border professional collaboration while ensuring accountability […]

• June 9, 2025

Case Details: Raj Steel vs. State of U.P. - [2025] 175 taxmann.com 111 (Allahabad) Judiciary and Counsel Details Piyush Agrawal, J. Sanyukta Singh & Chhaya Gautam for the Petitioner. Facts of the Case The petitioner filed a writ petition challenging two impugned orders issued by jurisdictional GST authorities under Section 130 of the CGST and Uttar […]

• June 8, 2025

The recruitment and selection process is a vital component of human resource management that ensures an organisation attracts and hires the most suitable candidates for its job vacancies. Recruitment is the initial phase, focused on identifying and encouraging a pool of qualified individuals to apply for open positions. It involves sourcing candidates through various internal […]

• June 7, 2025

Case Details: K.R. Suresh v. R. Poornima - [2025] 174 taxmann.com 1145 (SC) Judiciary and Counsel Details J.B. Pardiwala & R. Mahadevan, JJ. Facts of the Case In the instant case, Respondent Nos. 1 to 4 (vendors) entered into an agreement to sell (ATS) in favour of the appellant for the sale of the suit […]

• June 6, 2025

Notification No. G.S.R 358(E); Dated: 30.05.2025 The Ministry of Corporate Affairs (MCA) has notified the Companies (Management and Administration) Amendment Rules, 2025, introducing significant revisions to Forms MGT-7, MGT-7A, and MGT-15. These revised forms will come into effect from 14th July 2025 and will be made available on the MCA V3 portal from the same […]

• June 5, 2025

Case Detaiuls: KEI Industries Ltd. vs. Union of India - [2025] 174 taxmann.com 1205 (Delhi) Judiciary and Counsel Details Pratibha M. Singh & Rajneesh Kumar Gupta, JJ. V. Lakshmikumaran, Yogendra A., Kund Kapoor & Ms Purvi Sinha, Advs. for the Petitioner. Kshitij Chhabra, Senior Panel Counsel, Shlok Chandra, SSC & Ujjwal Jain, Advs. for the Respondent. Facts of the Case […]

• June 4, 2025

This weekly newsletter analytically summarises the key stories reported at taxmann.com during the previous week from May 26th to 31st, 2025, namely: Oral gift of property to daughter on marriage excluded from ‘one house’ limit for Sec. 54F exemption: ITAT; SEBI revises appointment norms and cooling-off period for KMPs and PIDs in MIIs; Matter remanded […]

• June 2, 2025

Deeksha Jha – [2025] 174 taxmann.com 1020 (Article) 1. Introduction The way tax disputes are settled is changing, with old confrontational methods being replaced by methods that bring people together. Among all the new options available, mediation seems to be the most promising way to handle difficult tax situations. It is not only a process change; […]

• June 1, 2025

The Institute of Chartered Accountants of India (ICAI), through its Digital Accounting and Assurance Board (DAAB), has released an Exposure Draft proposing a comprehensive revision of the Forensic Accounting and Investigation Standards (FAIS) and its accompanying Implementation Guide. 1. Purpose of the Revision The proposed revisions are aimed at enhancing the professional framework that governs […]