In a recent newsletter dated 29th April 2024, Sanjay Kumar Agarwal, addressing colleagues, emphasizes the importance of functional efficiencies and updates on key interceptions against smuggling ...

The Exposure Draft is a comprehensive document aimed at enhancing the understanding and application of audit reporting standards under relevant sections of the Income-tax Act, 1961. It provides ...

The recent ruling by the Chhattisgarh High Court, Bilaspur, in the case of Mahindra & Mahindra Limited vs. Union of India ...

There is a growing concern that GST officers are refusing to accept or record official communications from taxpayers, such as requests for the release of detained goods or responses to notices. This ...

The guidelines on Fair Practices Code issued to various Regulated Entities (REs) since 2003, inter-alia, advocate fairness and transparency in charging of interest by the lenders, while providing ...

The court carefully examined the provisions of the Andhra Pradesh Goods and Services Tax Act, 2017, particularly Section 78, ...

Upon thorough examination of the records, it becomes evident that the imposition of tax was solely predicated on a technical error in the E-Way Bill address. The invoice details were accurate, the ...

Harnessing the Transformative Potential of Artificial Intelligence in the Hallowed Domain of Corporate Contract Administratio ...

Although the use of AI and data analysis in the Indian legal system is still in its infancy, the potential benefits are enormous. This blog explores how artificial intelligence (AI) and data analysis ...

Advocates for punishing AI argue that if an AI’s actions fulfill the elements of a specific offense, criminal liability should be imposed. However, opponents argue that since AI lacks the capacity for ...

How Artificial Intelligence is Revolutionizing Art, Music, and Literature. It has long been believed that creativity represents the highest level of human inven ...

As dependency on AI has increase (especially after the COVID 19 pandemic) it has portrayed many malicious behaviours showcasing the capacity of AI’s for potential cyberattacks, leading to thefts of ...