SEBI modifies the Investor Charter for stock brokers to enhance investor protection, transparency, and grievance redressal. New provisions effective immediately.
RBI releases Directions 2025 for forward contracts in government securities, applicable from May 2, 2025, outlining eligibility, settlement, and market regulations.
When interpreting tax laws, courts must not merely rely on the wording but must also consider the intent behind them. The true essence of law lies in its purpose, not just in its literal expression.
Key documents for Pvt Ltd annual filing in India, including financial statements, annual returns, director reports, and compliance forms to avoid penalties.
Bombay HC rules in CIT vs. Nitish Chordia that agricultural land distance must be measured by road, not aerial view, impacting capital gains tax exemptions.
ITAT Surat rules that for capital gains tax on agricultural land, municipal limits are determined by notification in force at the time of sale, not subsequent changes.
ITAT remands case regarding taxability of interest income earned before business commencement, citing need for fresh adjudication and consideration of precedents like Tuticorin Alkali.
Bombay High Court rules reassessment proceedings against Alok Industries invalid post-resolution plan approval under IBC, citing Supreme Court precedent.
Gujarat High Court grants bail to Harsh Vinodbhai Patel in GST fraud case involving ₹22 crore input tax credit. Court cites completed investigation as key factor.
ITAT Jaipur dismisses Bansi Lal’s appeal, upholding additions for unexplained bank deposits and interest income. Tribunal cites lack of evidence and inconsistencies in explanations.
