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Archive: 27 March 2025

Posts in 27 March 2025

Section 87 Rebate on Short-Term Capital Gain (FY 2023-24 & 2024-25)

March 27, 2025 29283 Views 8 comments Print

Learn about Section 87A rebate applicability on short-term capital gains under the new tax regime for FY 2023-25. Explore legal challenges and taxpayer implications.

Arrest of Mr Zafar Ali Necessitates Immediate Implementation of Advocate Protection Act

March 27, 2025 906 Views 0 comment Print

The arrest of advocate Zafar Ali highlights the urgent need for the Advocate Protection Act to safeguard legal professionals against unwarranted actions and ensure justice.

Loose Papers Entries Unsupported: Tribunal Justified in Deleting Revenue’s Additions

March 27, 2025 1059 Views 0 comment Print

Bombay High Court dismisses revenue’s appeal in PCIT Vs Umesh Ishrani case, citing lack of corroboration for loose paper evidence in cash payment additions.

Key Legal Developments in AI & Data Privacy in India Since January 2024

March 27, 2025 2742 Views 0 comment Print

Explore key AI and data privacy legal developments in India since 2024, including the DPDP Act, TRAI rules, court cases, and global AI regulations.

Calcutta HC Orders Appellate Authority to Issue Reasoned GST Order on Merits

March 27, 2025 1047 Views 0 comment Print

Calcutta High Court remands Madhusudan Banik’s GST appeal for fresh consideration, citing procedural lapses by the appellate authority in dismissing the case.

Calcutta HC Stays Orders in Revenue-Neutral IGST Credit Error Case Without Conditions

March 27, 2025 1656 Views 0 comment Print

Calcutta High Court stays tax dispute order in Wilhelmsen case, ruling no revenue loss. Petitioners exempted from 10% payment until writ disposal.

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