Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117292-icai-clears-ca-misconduct-charges-taxscan.jfif "Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]")
Inadvertent DIR-12 Certification to Chinese National without MHA Clearance Not Intentional: ICAI Clears CA of Misconduct Charges [Read Order]
In a recent decision, with regards to granting DIR - 12 certification to Chinese National without MHA clearance, the Disciplinary Committee of...
![GST Appeal filed Beyond 120 Days: Gujarat HC Refuses to Condone 6-Day Delay, says ‘Cannot call Back & Examine OIO’ when Appeal filed [Read Order]](https://images.taxscan.in/h-upload/2026/01/06/2117278-gst-appeal-filed-beyond-120-days-gujarat-hc-refuses-condone-6-day-delay-says-cannot-call-back-examine-oio-when-appeal-filed-taxscan.webp "GST Appeal filed Beyond 120 Days: Gujarat HC Refuses to Condone 6-Day Delay, says ‘Cannot call Back & Examine OIO’ when Appeal filed [Read Order]")
![Once SVLDRS Discharge Certificate Issued, No further Interest Payable on Belated Service Tax: Bombay HC rules against Revenue [Read Order]](https://images.taxscan.in/h-upload/2026/01/05/2117213-site-image-13-t.webp "Once SVLDRS Discharge Certificate Issued, No further Interest Payable on Belated Service Tax: Bombay HC rules against Revenue [Read Order]")
![GST Recovery Orders Passed due to Non- Reply to DRC-01: Madras HC Directs to file Consolidated Reply on 10% Deposit from E-Cash Register [Read Order]](https://images.taxscan.in/h-upload/2026/01/05/2117138-gst-recovery-madras-high-court-taxscan.jfif "GST Recovery Orders Passed due to Non- Reply to DRC-01: Madras HC Directs to file Consolidated Reply on 10% Deposit from E-Cash Register [Read Order]")
Trade Advances for Gold Purchase Not ‘Unexplained Credit’: ITAT Rules Creditworthiness Test Not Required against Jewellery Trader [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench has held that customers in the ordinary course of jewellery business cannot be treated as unexplained cash credits under Section 68 of the...
![Trade Advances for Gold Purchase Not ‘Unexplained Credit’: ITAT Rules Creditworthiness Test Not Required against Jewellery Trader [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/2116868-trade-advances-gold-purchase-not-unexplained-credit-itat-rules-creditworthiness-test-not-required-against-jewellery-trader-taxscan.webp "Trade Advances for Gold Purchase Not ‘Unexplained Credit’: ITAT Rules Creditworthiness Test Not Required against Jewellery Trader [Read Order]")
CA cannot be Held liable for Professional Misconduct merely Differing from other Professional’s Opinion: ICAI [Read Order]
The Disciplinary Committee of the Institute of Chartered Accountantsof India (ICAI) has held that a Chartered Accountant cannot be held liable for professional misconduct merely because his opinion...
![CA cannot be Held liable for Professional Misconduct merely Differing from other Professional’s Opinion: ICAI [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/2116885-2110059-ca-professional-misconduct-taxscan.webp "CA cannot be Held liable for Professional Misconduct merely Differing from other Professional’s Opinion: ICAI [Read Order]")
No Interest Payable after GST Deposit in Electronic Cash Credit Ledger: Calcutta HC stays Recovery [Read Order]
The Calcutta High Court has granted interim relief to the taxpayer by staying recovery following the Gujarat HCdecision that one tax is deposited in the Electronic Cash Credit Ledger, no interest is...
![No Interest Payable after GST Deposit in Electronic Cash Credit Ledger: Calcutta HC stays Recovery [Read Order]](https://images.taxscan.in/h-upload/2026/01/03/2116859-interest-payable-gst-deposit-electronic-cash-credit-ledger-calcutta-hc-recovery-taxscan.webp "No Interest Payable after GST Deposit in Electronic Cash Credit Ledger: Calcutta HC stays Recovery [Read Order]")
Auditor’s Clean Opinion Cannot Be Questioned without Proper Evidence: ICAI clears CA Accused of Stock Overvaluation [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) Disciplinary Committee acquitted a chartered accountant ( CA ) who had been charged with professional misconduct for allegedly providing a...
![Auditor’s Clean Opinion Cannot Be Questioned without Proper Evidence: ICAI clears CA Accused of Stock Overvaluation [Read Order]](https://images.taxscan.in/h-upload/2026/01/02/2116757-auditors-clean-opinion-cannot-questioned-without-proper-evidence-icai-clears-ca-accused-stock-overvaluation-taxscan.webp "Auditor’s Clean Opinion Cannot Be Questioned without Proper Evidence: ICAI clears CA Accused of Stock Overvaluation [Read Order]")
Punjab Govt Extends One-Time Settlement Scheme for Clearing Pre-GST Arrears’ Deadline to March 31, 2026
The Punjab Government has extended the deadline for its One-Time Settlement ( OTS ) Scheme for recovery of outstanding tax dues till 31 March 2026. This would be a great relief to taxpayers with...
Interest Computation Based on Promoter’s Allotment Letters Proper: ICAI Holds CA Not Guilty of Misquoting Amounts [Read Order]
The Disciplinary Committee of Institute of Chartered Accountants of India ( ICAI ) has held that the CA is not guilty of misquoting amounts as the interest computation was done based on the...
![Interest Computation Based on Promoter’s Allotment Letters Proper: ICAI Holds CA Not Guilty of Misquoting Amounts [Read Order]](https://images.taxscan.in/h-upload/2026/01/02/2116694-interest-computation-promoters-allotment-letters-proper-icai-ca-guilty-misquoting-taxscan.webp "Interest Computation Based on Promoter’s Allotment Letters Proper: ICAI Holds CA Not Guilty of Misquoting Amounts [Read Order]")