ITAT Mumbai held survey statements cannot solely justify income addition without corroborative evidence. Case: DCIT Vs Ahinsa Infrastructure (AY 2014-15).
IBBI issues a disciplinary order against Akash Shinghal for non-compliance with CIRP regulations. The case involves voting and CoC meeting timeline violations.
ITAT Ahmedabad remands Amod Steel case after non-appearance due to communication sent to a former accountant’s email, impacting the appeal process.
SEBI mandates stock exchanges and clearing corporations to ensure data security, compliance, and accountability when using AI and machine learning tools.
SEBI introduces AI usage regulations for intermediaries, ensuring data security, compliance, and accountability under the amended SEBI (Intermediaries) Regulations, 2025.
SEBI updates depository fee rules, introduces penalties for late payments, and mandates AI accountability for investor data security and compliance.
ITAT Delhi remanded the issue back to file of AO to re-compute disallowance under rule 8D(2)(ii) of the Income Tax Act by taking those investment which give rise to exempt income @1% of average value of investment.
ITAT Mumbai held that disallowance under rule 8D(2)(ii) r.w.s. 14A of the Income Tax Rules should be made on average value of investment yielding exempt income and not on the basis of quantum of investment based on market value.
IND AS 38 defines intangible assets like patents, software, and brand value. Learn recognition, valuation, and disclosure criteria for better financial reporting.
Explore the key provisions on dividend declaration under the Companies Act, 2013, including rules, restrictions, and compliance with tax and SEBI regulations.
