MSG & Co., Chartered Accountants

MSG & Co.,  Chartered Accountants MSG & CO., Chartered Accountant is a full service corporate advisory and practice firm based

DA is a Indian Chartered Accountants Firm registered with Institute of Chartered Accountants of India (ICAI). DA is established with the aim of providing a wide range of accounting and financial services to clients in India and Overseas as a quality service provider. We are a team of chartered accountants in India, with vast knowledge and professional experience, serving its clients and specialize

d in the fields of accounting, auditing, taxation, foreign investments along with a host of other financial services with its base at New Delhi, India

18/04/2026

๐Ÿ“ข *Supreme Court: No Regularisation for Backdoor Appointments*

In a significant ruling, the Supreme Court has held that employees appointed without proper recruitment process (no advertisement or interview) cannot be regularised.

โš–๏ธ *Case: Madan Singh vs State of Haryana*

๐Ÿ“Œ *Key Highlights:*
โ— Haryana government had issued notifications (2014) to regularise employees completing ~10 years of service
โ— These employees were initially appointed without any public advertisement or selection process
โ— The Supreme Court struck down these notifications

๐Ÿ“Œ *Courtโ€™s Observation:*
โ— Appointment without advertisement raises serious doubts about fairness and transparency
โ— Lack of proper recruitment records does not inspire confidence in the process

๐Ÿ“Œ *Important Principle:*
โ— Public employment must follow constitutional mandate of equality (Articles 14 & 16)
โ— โ€œBackdoor entriesโ€ cannot be legitimised through later regularisation

๐Ÿ“Œ *Relief Angle:*
โ— Court acknowledged that many employees had worked for years
โ— However, long service alone does not create a right to permanent employment

๐Ÿ’ก *Key Takeaway:*
Regularisation is not a right if the initial appointment itself violates due process. Proper recruitment through transparent selection mechanisms remains mandatory.

โœ… This ruling reinforces strict compliance with fair hiring practices in government jobs.

10/02/2026

*INCOME TAX UPDATES*

*1. ITR DUE DATES (AY 2026-27)*
* Salaried / ITR-1 / ITR-2 โ†’ *31 July*
* Business / Professional (No Audit) โ†’ *31 August*
* Audit cases โ†’ *31 October*
* Transfer Pricing (92E) โ†’ *30 November*

*2 .* *Revised Return*
* Revised return can now be filed up to *31 March* of assessment year.
* Late fee applies if filed after December.

*3.* *SFT Late Fee (Section 427)*
* Delay in filing *SFT / Reportable Account:*
* โ‚น200 per day late fee
* Maximum cap: *โ‚น1,00,000*

*4.* *Tax Audit Late Fee (Section 428)*
_*Delay in Tax Audit Report:*_
* Up to 1 month โ†’ *โ‚น75,000*
* Beyond 1 month โ†’ *โ‚น1,50,000*
_*Automatic fee, no AO discretion.*_

13/01/2026
18/01/2025

happy lohri

12/01/2025

Due date extended :

๐Ÿ‘‰The time limit for filing of FORM GSTR-3B of the tax period December 2024, has been extended till 22.01.2025.

๐Ÿ‘‰Time limit for filing of FORM GSTR-3B of the tax period October 2024 to December 2024,for the taxpayers who have opted to pay tax under QRMP Scheme, has been extended till 24.01.2025/ 26.01.2025, based on the states where they are registered.

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Delhi

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