Madras High Court sets aside reassessment notice against Unitech Exhibition Pvt. Ltd., ruling it was based on change of opinion and issued beyond the four-year limit without new tangible ...

NCLAT set aside an NCLT order that maintained a liquidator's status quo in a voluntary liquidation. NCLAT held that Corporate Debtor, not NCLT, has statutory authority to replace a liquidator under ...

Gujarat High Court quashes GST confiscation order against Lakshay Logistics, citing lack of mandatory notice to the transporter before seizing vehicle and ...

ITAT Ahmedabad held that income from the sale of Renewable Energy Certificates (RECs) by Mayur Dyechem Intermediates LLP for AY 2017-18 is a capital receipt and not taxable. Tribunal partly allowed ...

The Reserve Bank of India has released a report outlining the FREE-AI framework, a set of principles and recommendations for ...

Explore rules of agricultural income taxation in India. This guide clarifies how agricultural income is defined, what ...

Introduction When I wrote an article on this topic last year, for the very first time, I stated that rebate was not being allowed from 5th June 2024. After ...

A SEBI consultation paper proposes regulatory changes for Large Value Funds (LVFs) for accredited investors. Proposals include reducing the minimum investment to ₹25 crore, removing restrictions on ...

The ITAT held that the assessee, being a resident individual with total income of less than Rs.7 lakh under Section 115BAC (1A), was entitled to rebate under Section 87A even though the tax arose on ...

The government provides details on pending cases at the NCLT, including year-wise and sector-wise breakdowns and measures being taken to expedite ...

The Delhi South CGST Commissionerate has arrested a key person linked to three firms for allegedly evading ₹16.30 crore in GST through ...

A summary of the Punjab State Development Tax Act, 2018, as amended in 2025, covering key definitions, tax rates, compliance rules, penalties, and payment ...