Restriction of Input Tax Credit under Rule 86A applies only to fraudulently or ineligible availed credit; mere wrongful recipient availment is insuffi...
Business reorganisation requires recognition of successor's modified return; draft orders against dissolved transferor quashed and fresh review direct...
The Central Government appoints 26 May 2026 as the date on which specified provisions of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 come into force. The notification brings into operation sections 2 to 6, 8 to 33, 35 to 39, 41, 43 to 46, 48 to 59, 61 to 66, 68, clause (a) of sections 69 and 70, most sub-clauses of section 70(b), and section 72, subject to the express exception of sub-clause (xx) of section 70(b).
The Central Government appoints 26 May 2026 as the date on which specified provisions of the Insolvency and Bankruptcy Code (Amendment) Act, 2026 come into force. The notification brings into operation sections 2 to 6, 8 to 33, 35 to 39, 41, 43 to 46, 48 to 59, 61 to 66, 68, clause (a) of sections 69 and 70, most sub-clauses of section 70(b), and section 72, subject to the express exception of sub-clause (xx) of section 70(b).
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