NIRC of ICMAI Elects CMA Rakesh Yadav as Chairman, Announces Full Leadership Team for 2025-26
The Northern India Regional Council of the Institute of Cost Accountants of India has chosen its new leaders for the year 2025 to 2026. The results...
![Centre Notifies The Carriage of Goods By Sea Act, 2025: Key Changes for Maritime Trade [Read Act]](https://images.taxscan.in/h-upload/2025/08/09/250x150_2074874-centre-notifies-the-carriage-of-goods-by-sea-act-maritime-trade-taxscan.webp "Centre Notifies The Carriage of Goods By Sea Act, 2025: Key Changes for Maritime Trade [Read Act]")
![Duplication of GST demand by Central Dept on Fake ITC: Delhi HC Refuses to Entertain Writ, Directs for Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/250x150_2074851-duplication-gst-demand-central-itc-delhi-hc-directs-for-appeal-taxscan-.webp "Duplication of GST demand by Central Dept on Fake ITC: Delhi HC Refuses to Entertain Writ, Directs for Appeal [Read Order]")
SEBI Removes ₹10,000 Minimum Subscription Requirement for Mutual Fund Distributor Transaction Charges [Read Circular]
The Securities and Exchange Board of India ( SEBI ) issued a circular dated August 8, 2025, removing Rs. 10,000 minimum subscription requirement for mutual fund distributor transaction charges. ...
![SEBI Removes ₹10,000 Minimum Subscription Requirement for Mutual Fund Distributor Transaction Charges [Read Circular]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074854-sebi-mutual-fund-distributor-fee-taxscan.webp "SEBI Removes ₹10,000 Minimum Subscription Requirement for Mutual Fund Distributor Transaction Charges [Read Circular]")
Delay in Departmental Enquiry Cannot Hold Promotions: AP HC Orders to Consider Promotion of Commercial Tax Officer [Read Order]
The Andhra Pradesh High Court has held that the failure of the authorities to conclude departmental proceedings within the mandated time limit cannot be used as a ground to indefinitely deny a...
![Delay in Departmental Enquiry Cannot Hold Promotions: AP HC Orders to Consider Promotion of Commercial Tax Officer [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074844-commercial-tax-officer-taxscan.webp "Delay in Departmental Enquiry Cannot Hold Promotions: AP HC Orders to Consider Promotion of Commercial Tax Officer [Read Order]")
Whether JAO Can Issue Income Tax Reassessment Notice after Introduction of Faceless Assessment Scheme: Supreme Court to Decide
The Supreme Court will on 11 August 2025 will admit a case that will settle a growing conflict between on whether a Jurisdictional Assessing Officer (JAO) can issue a reassessment notice after the...
Onus to Prove Sundry Creditor Payments Within 180 Days Before GST Authorities Lies with Company, Even If Not Requested: Calcutta HC [Read Order]
In a recent ruling, the Calcutta High Court held that the onus to prove payments to sundry creditors within 180 days before the GST authorities lies with the company, even if the audit team did not ...
![Onus to Prove Sundry Creditor Payments Within 180 Days Before GST Authorities Lies with Company, Even If Not Requested: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074831-onus-prove-sundry-creditor-payments-gst-authorities-lies-company-calcutta-hc-taxscan.webp "Onus to Prove Sundry Creditor Payments Within 180 Days Before GST Authorities Lies with Company, Even If Not Requested: Calcutta HC [Read Order]")
![Supreme Court & High Courts Weekly Round-Up [August 2nd- August 9th]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074811-supreme-court-high-courts-weekly-round-up-supreme-court-taxscan.webp "Supreme Court & High Courts Weekly Round-Up [August 2nd- August 9th]")