Explore the balance between intellectual property rights and competition law, focusing on innovation, monopolies, and regulatory challenges in tech and pharmaceutical sectors.
SEBI issues new guidelines on AIF portfolio valuation, including amendments to Master Circular and reporting timelines for investment valuation. Effective immediately.
DGFT clarifies that SEZ units can import specific items exempt from recent restrictions under ITC codes as per Policy Circular No. 06/2024-25.
The Government of India amends the Customs Tariff Act, defining “laboratory chemicals” for import under specific conditions effective from September 19, 2024.
Learn about clubbing of income under Indian tax law. Understand how income transfers to family members can affect your tax liability. Get insights into Section 60-64 of the Income Tax Act.
Where an agricultural land was sold to a non-agriculturist, the same did not loose its status as agricultural land and could not be classified as a capital assets.
Delhi High Court held that cancellation of a tax payer’s GST registration does not absolve the tax payer from being held accountable for any statutory non-compliance or absolves it from any liability under the statute.
Explore the scope and limits of patent illegality under Section 34 of the Arbitration Act, focusing on judicial scrutiny and landmark case laws in India.
ITAT Hyderabad held that the Tribunal has no power to recall/review its own orders in terms of scope and power of Tribunal for rectification of order u/s. 254(2) of the Income Tax Act.
ITAT Ahmedabad held that expenditure incurred on software project, which was sought to be developed however never came into existence and no new asset came into existence which would be of an enduring benefit to the assessee, are allowable as revenue in nature.
