AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The relevant date for the 60 tax audit limit is determined by the system's audit trigger, not by when the UDIN is generated. This distinction impacts compliance tracking for tax auditors.
The article outlines a comprehensive checklist for domestic companies in India to ensure compliance when filing ITR for the assessment year 2026-27, helping corporates streamline their obligations.
The article provides essential guidance for trusts on ITR filing, outlining the relevant forms and compliance mandates for the assessment year 2026-27.
The Central Board of Directors of the Reserve Bank of India convened to review the economic outlook, discussing the Bank's fiscal performance for FY 2025-26.
The Reserve Bank of India has penalized City Union Bank ₹10.10 lakh for non-compliance regarding priority sector loan accounts and reporting requirements.
The Reserve Bank of India has imposed monetary penalties on Newa Investments and Mintifi Finserve for non-compliance with prescribed regulatory guidelines, highlighting enforcement of financial regulations in the industry.
India's IP fraternity mourns the passing of Mr. Guruswamy Nataraj, esteemed founder of LCGN Advocates, whose contributions to patent law and community efforts significantly impacted the field. His legacy will resonate within the legal community.
SEBI clarified that clients under Non-Discretionary Portfolio Management Services can pledge securities without breaching regulations, provided the decision remains client-driven. This is a significant update for investors using PMS.
The government has updated the Dearness Relief rates for CPF beneficiaries under the 5th Central Pay Commission. These revisions will impact benefits starting July 1, 2025 and January 1, 2026.
An article highlights critical issues faced by gig workers classified as independent contractors, leading to a lack of minimum wage and benefits. It emphasizes the need for legal reforms to address these gaps.
Despite Kerala's achievements in gender parity, women lawyers face significant barriers. This article highlights the insights of three senior women advocates in Kerala, shedding light on the challenges they encounter in their legal careers.
ROC Patna imposed a penalty of ₹63,500 on a company and its Managing Director for failing to file the annual return for FY 2023-24, noting strict compliance requirements under the Companies Act.
ROC Patna has imposed a ₹1.86 lakh penalty on a company and its managing director for failing to file annual returns under Sections 92(4) and 92(5) of the Companies Act, emphasizing compliance obligations.