The regulator has opened a three-month window allowing funds to extend expired or expiring PPMs. Eligible schemes can secure ...

Extensive remand proceedings confirmed the genuineness of share transactions and valuation. The Tribunal ruled that once ...

The issue was whether entire brokerage receipts credited to a bank account could be taxed as income. The Tribunal held that ...

The issue is whether gold’s sharp rise is sudden or structural. The data shows a steady climb driven by global uncertainty, ...

The issue was whether the appellate authority could bypass jurisdictional objections by remanding the case. The tribunal held ...

Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the ...

A consultation proposes mapping legacy authorized services to GST SAC codes to fix invoice mismatches and ambiguity. The key ...

The Tribunal held that when sales are undisputed, entire purchases cannot be disallowed and only the embedded profit can be taxed, upholding a 20% ...

The ITAT held that when reassessment is annulled for jurisdictional defects under the faceless regime, the connected concealment penalty cannot ...

Customs has replaced valuation tables while maintaining current tariff benchmarks. The move ensures consistency in import valuation ...

The government has approved an institution for scientific research under section 35(1)(ii), enabling donors to claim tax deductions. The key takeaway is that the approval is time-bound and subject to ...

The issue was whether additions could be made for an unabated year without any seized material. The Tribunal held that in the absence of incriminating evidence found during search, the assessment ...