ITAT Delhi quashes AY 2021-22 assessment against Arti Dhall, ruling section 153C was not correctly applied in case linked to Hans Group search.
ITAT Chandigarh remits FI Foundation’s 80G registration case back to CIT(E) for examination on merits after application rejection due to delayed filing.
Kolkata ITAT cancels reassessment, rules CIT’s mechanical sanction for reopening after 4 years invalid; upholds assessee’s challenge based on lack of recorded satisfaction.
SC rules against mandatory arrest for chargesheet filing under Section 170 CrPC, especially for cooperating accused. Siddharth’s anticipatory bail allowed.
ITAT Bangalore rules in favor of assessee, cancels penalty under Section 271D for cash loans taken from close relatives, citing reasonable cause.
ITAT Mumbai allows Mauritius fund to carry forward capital losses under Indian law while claiming DTAA exemption on pre-2017 share gains.
Calcutta High Court restores GST appeal in Phonex Traders case, condoning delay due to valid reasons and directing fresh hearing within 12 weeks.
1. Introduction: Killer Acquisitions and Market Concentration Businesses have been reshaped by the digital economy, with data-driven models and platform ecosystems emerging as the new source of competitive advantage. The result is a new class of so-called “killer acquisitions,” in which dominant players acquire emerging competitors in order to eliminate future threats and strengthen their own monopolistic […]
Compare the old and new tax regimes for FY 2025-26 to find out which one suits your financial situation, with details on exemptions, deductions, and tax slabs.
Learn common mistakes NGOs make during 80G(5) registration and how to avoid delays or rejections by ensuring accurate documents and compliance.
