NCLAT Delhi held that penalty under section 27(b) of the Competition Act, 2002 imposable since Google has abused its dominant position and has violated Section 4(2)(a)(i) and 4(2)(e) of the Competition Act, 2002.
Ministry of Corporate Affairs updates tribunal members for ICAI and ICMAI election dispute cases, effective from April 17, 2025.
Explores SEBI’s evolving regulatory framework for foreign investment, its enforcement actions, challenges, and implications for India’s financial market.
This research paper traces the historical development of capital market regulation in India, highlights SEBI’s institutional structure, functions, and powers, and examines key reforms and policy initiatives that have shaped the modern securities market. It also analyses SEBI’s enforcement mechanisms, its role in investor education, and the challenges it faces in an increasingly complex financial ecosystem.
ITAT Delhi held that addition under section 68 of the Income Tax Act by treating LTCG as bogus merely on the basis of assumption and conjecture is not sustainable in law since purchase and sale of shares were made via banking channel.
Learn 5 practical personal finance rules to manage money better, save more, reduce debt, and start investing for a secure financial future.
Kerala HC rules no separate challenge needed for Sec 263 remand order before appealing revised assessment; restores Malabar Institute’s appeal.
ITAT Mumbai rules in Farhat Yusuf Shaikh case—book entries and AIR data alone not enough to justify additions under Sections 68 and 69 of the IT Act.
Supreme Court ruling on cash property deal cites wrong tax law (269ST instead of 269SS), but mandates reporting of large cash transactions to IT dept.
ITAT Pune held that non-inclusion of disallowance u/s. 43B while filing income tax return is bona fide and inadvertent error. Accordingly, imposition of penalty under section 270A for bona fide mistake without intent to evade payment of tax is not justifiable.
