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The Institute of Cost Accountants of India ICMAI has urged the government to include "Cost Accountant" in the definition of "Accountant" under Section 515 3 b of the Income Tax…
The ICAI is seeking simplification of the Income Tax Bill 2025, recommending fewer sections and clarity in language. This initiative aims to make the tax code more accessible and…
The ITAT Delhi has dropped a tax appeal as Liugong India opted for relief under the Vivad se Vishwas scheme. This decision highlights the scheme's effectiveness in resolving tax…
The Kerala High Court addressed a review petition filed by M.M. Lawrence concerning a body donation and retrieved video. The court examined the legal aspects of the petition and…
The Allahabad High Court ruled that companies can be considered "state" under Article 12 and must comply with rules and regulations of ministries and public regulators, as…
The Rajasthan High Court addressed a case concerning the disqualification of a woman candidate in a CRPF constable recruitment due to a birth mark. The court examined the legality…
The Karnataka High Court addressed an ED appeal against the quashing of a MUDA land allotment case involving Karnataka Chief Minister Siddaramaiah. The court examined the legal…
The Allahabad High Court has ordered a CBI probe against a woman and her counsel for filing false FIRs containing rape allegations. The court emphasized the need to prevent the…
The ITAT has upheld a CITA order, deleting additions under Section 153A citing a lack of incriminating material post-search. The tribunal emphasized the need for evidence to…
The ITAT has condoned a 164-day delay and granted an assessee another chance for registration under Section 12AB. The tribunal recognized the need for fairness and flexibility in…
The Bombay High Court addressed a dispute concerning the Telangana Cricket Association's BCCI membership. The court examined the legal aspects of the association's membership and…
The Calcutta High Court ruled that an arbitration agreement is valid without specifying the applicable law, seat, or venue, if the intent to refer disputes to a private tribunal…
The ITAT has upheld a CITA decision, finding a reassessment under Section 147 beyond jurisdiction. The tribunal emphasized the need for proper jurisdiction in reassessment…
The Rajasthan High Court addressed a PIL concerning the Jodhpur Airport terminal and the Rajasthan government. The court examined the legal aspects of the airport's development…
The Karnataka High Court relaxed a condition of anticipatory bail granted to Bhavani Revanna. The court considered the circumstances of the case and the conduct of the accused.…
The Gauhati High Court ruled on a case involving breach of promise and cheating, which also included criminal breach of trust. The court examined the evidence and legal provisions…
The Gauhati High Court ruled on a case involving breach of promise and cheating, which also included criminal breach of trust. The court examined the evidence and legal provisions…
The Karnataka High Court relaxed a condition of anticipatory bail granted to Bhavani Revanna. The court considered the circumstances of the case and the conduct of the accused.…
The Rajasthan High Court addressed a PIL concerning the Jodhpur Airport terminal and the Rajasthan government. The court examined the legal aspects of the airport's development…
The Bombay High Court addressed a dispute concerning the Telangana Cricket Association's BCCI membership. The court examined the legal aspects of the association's membership and…
The ITAT has set aside a CITA order, citing that ex-parte orders were passed without providing a fair opportunity to be heard. The tribunal emphasized the importance of adhering…
The ITAT has allowed a late-filing form exemption claim based on submission before assessment completion. The tribunal emphasized the importance of considering submissions made…
Mundra Customs has issued directives to docks section and import assessment officers, stating that there are no DPIIT QCO exemptions for imports by MSEs. This move aims to ensure…
DSP Mutual Fund has acquired Volt Money. This acquisition aims to expand DSP Mutual Fund's offerings in the fintech space. The move reflects strategic growth in the financial…
The Calcutta High Court ruled that an arbitration agreement is valid without specifying the applicable law, seat, or venue, if the intent to refer disputes to a private tribunal…
Satsure and Pixxel are among the bidders shortlisted for building an Earth observation system. This selection highlights the companies' capabilities in the space technology…
The Advocates Amendment Bill, 2025, proposes significant changes to the Advocates Act, 1961, focusing on law firm regulation and foreign firm entry. The Bill introduces a…
The Andhra Pradesh High Court has set aside an assessment order due to the absence of an AO's signature and DIN number on Form GST DRC-07. The court emphasized the need for proper…
The Madras High Court has ordered re-assessment, citing a tax demand that contradicts a going concern exemption. The court emphasized the need for consistency in tax assessments.…
The Delhi High Court has ruled that offshore supply of telecom commodities contracts is not taxable in India, favoring Nokia in a tax matter. The court emphasized the need for…
The CESTAT has allowed CENVAT credit for call center services after sales support for LG Electronics. The tribunal clarified the eligibility for CENVAT credit in such scenarios.…
The Madras High Court has confirmed the online filing date as the GST appeal submission date. The court emphasized the importance of electronic records in tax proceedings. This…
The GST Commercial Taxes Department has issued a revised list of proper officers for Rajasthan SGST. This move aims to streamline GST administration. The revised list clarifies…
The Delhi High Court has denied a widow's income tax exemption claim against the purchase of two flats. The court emphasized the need for strict adherence to exemption criteria.…
The Bombay High Court has stayed a garnishee notice, citing the CBIC notification extending the time limit for issuing show-cause notices and orders under the GST Act. The court…
The CESTAT has directed re-adjudication of a customs matter after the authority failed to furnish test reports. The tribunal emphasized the need for proper evidence in customs…
Amit Aggarwal is set to quit Elevation Capital after four years. This move signals a change in leadership at the venture capital firm. The departure reflects personal career…
The ITAT has condoned a delay and directed the CITA to re-examine an appeal on merits in an unexplained fixed deposit case. The tribunal emphasized the need for a thorough…
The ITAT has set aside a ₹1 lakh addition, validating a senior citizen's demonetization deposits. The tribunal recognized the need for considering the circumstances of the case.…
The ITAT has set aside ex-parte orders and restored an assessee's appeal for a fresh hearing on unexplained deposits and penalties. The tribunal emphasized the importance of…
The ITAT has sustained additions under Section 68 and denied deductions for LIC premiums and tuition fees, dismissing the assessee's appeal. The tribunal emphasized the need for…
The ITAT has condoned a 164-day delay and granted an assessee another chance for registration under Section 12AB. The tribunal recognized the need for fairness and flexibility in…
The ITAT has upheld a CITA order, deleting additions under Section 153A citing a lack of incriminating material post-search. The tribunal emphasized the need for evidence to…
The ITAT Delhi has dropped a tax appeal as Liugong India opted for relief under the Vivad se Vishwas scheme. This decision highlights the scheme's effectiveness in resolving tax…
Finance Minister Sitharaman has hinted at a major GST rate cut. This potential reduction aims to ease the tax burden on businesses and consumers. The move reflects the…
The ICAI is seeking simplification of the Income Tax Bill 2025, recommending fewer sections and clarity in language. This initiative aims to make the tax code more accessible and…
The ITAT has ruled that an AO cannot initiate reassessment proceedings during pending rectification proceedings. The tribunal emphasized the need for proper procedural sequence.…
FTCash has received final RBI approval to operate as an online payment aggregator. This approval signifies the company's compliance with regulatory standards. The move allows…
JioHotstar's pitch for startups offers a silver lining for Zomato, Swiggy, and others. This initiative aims to support startups and promote innovation. The move reflects strategic…
SEBI has announced AML/CFT certification for market intermediaries. This certification aims to enhance compliance with anti-money laundering and counter-terrorism financing…
The Institute of Cost Accountants of India ICMAI has urged the government to include "Cost Accountant" in the definition of "Accountant" under Section 515 3 b of the Income Tax…
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