Supreme Court sets aside NCLT & NCLAT orders in Vaibhav Goel & Anr. Vs DCIT, ruling that income tax demands post-resolution plan approval are invalid.
ITAT held that the Allotment of New Flat did not fall within the scope of Section 56(2)(x), as the new flat was received in exchange for the old one and not as a gift or at inadequate consideration.
Supreme Court dismisses CBIC’s plea, urging realistic GST correction timelines to prevent unfair tax burden due to clerical errors and ITC denial.
Understand the legal distinctions between Gift, Settlement, and Will. Learn their key features, legal validity, and judicial precedents under Indian law.
Bombay High Court dismissed PCIT’s appeal in the case against Jayesh V. Sheth due to CBDT tax effect guidelines. Key legal interpretations and implications discussed.
Chhattisgarh GST Department raises e-way bill limit for intra-state goods movement; effective April 1, 2025. Limits vary by goods.
Haryana introduces One Time Settlement Scheme 2025 for outstanding tax dues recovery. Details on application, payment, waivers, and conditions.
CBIC amended customs notifications to impose a 10% import duty on Bengal gram (desi chana) effective April 1, 2025, citing public interest under Customs Act.
The CBIC has amended GST Rules 2017, introducing changes in refund eligibility and appeal procedures. Effective from March 27, 2025.
SEBI revises Listing Obligations & Disclosure Requirements Regulations 2025. Key changes include HVDLE thresholds, governance norms, and reporting compliance updates.
