News

SEBI's updated Master Circular for Portfolio Managers, effective July 16, 2025, consolidates regulations issued through March 31, 2025, superseding previous guidance for clearer ...
ITAT Delhi held penalty u/s 271(1)(c) unsustainable as 54F exemption failed due to builder delay, not taxpayer’s fault. Full ...
Calcutta High Court sets aside an Income Tax Act Section 154 order for AY 2013-14, as it was issued against a deceased individual, allowing the daughter-in-law's ...
Allahabad High Court grants interim relief to Markolines Pavement Technologies, staying coercive action in GST Section 62 proceedings after its appeal was rejected due to ...
Income Tax Appellate Tribunal sets aside PCIT's revisionary order against Synwave Industries, ruling original assessment not ...
The Gauhati High Court has ruled that a retired High Court Judge and Upa-Lokayukta cannot be penalised by the Income Tax Department for TDS not reflecting in Form 26AS if employers confirm deposit.
CESTAT Kolkata sets aside penalty and vehicle confiscation for Vinod Kumar Agarwal, a transporter, citing lack of evidence of his knowledge in alleged smuggling of black pepper and ...
NCLAT Chennai dismissed an appeal challenging a 2024 order, citing appellant's lack of diligence in rectifying defects despite multiple opportunities and a year-long ...
Madras High Court orders de sealing of premises, stating Enforcement Directorate acted without sufficient "reason to believe" under PMLA's Section ...
ITAT Cochin affirms PCIT's order for AO to verify loan interest deduction and Section 14A applicability after loan's business use ...
Patna High Court directs GST refund rejection order based on undisclosed extraneous material to be treated as a show-cause notice, ensuring natural ...
Bombay High Court set aside reopening of Genesys International's AY 2015-16 tax assessment, ruling it a mere change of opinion and citing full ...