The Enforcement Directorate conducted searches on premises linked to an NGO run by climate activist Harjeet Singh and his wife. The probe relates to foreign inward remittances exceeding ₹6 crore, allegedly received in the guise...

The income tax demand has been raised on Hindustan Unilever Limited, one of India’s most stable and closely tracked FMCG giants. When a company of this scale receives a four-figure crore tax demand, the...

This question was squarely examined by the High Court of Delhi while deciding a rectification petition under the Trade Marks Act, 1999. Facts relating to the Issue The Petitioner, a China-based technology company, sought rectification of...

Over the last few weeks, income-tax demands dating back 15–20 years have suddenly started appearing on the Income-tax portal. As a Chartered Accountant, it’s important to separate portal disclosure from legal enforceability. What Is Actually Happening? These...

The Ministry of Corporate Affairs (MCA) has amended Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014. Annual DIR-3 KYC filing has been replaced A simplified KYC intimation once every three years will...

What Happened? The Institute of Chartered Accountants of India (ICAI) has issued accounting clarifications stating that any incremental gratuity and leave encashment liability arising from the new labour codes must be recognised immediately as an...

For years, solar EPC contracts were stuck in a GST grey area of 5% or 18%? That uncertainty has now been put to rest. In Sterling and Wilson Private Limited vs. Joint Commissioner (2025)...

Facts of the case:  The petitioner, Alstom Transport India Limited (“Alstom India”), operates in infrastructure projects (railways/metro), including design, manufacturing, installation and services.  Between July 2017 and March 2023, employees from the company’s overseas group entities were “seconded” to work in India....