Government permits Oxyzo, Berar Finance, Finkurve, Tata Capital, and BOBCARD to use Aadhaar authentication for anti-money laundering checks.
SEBI updates regulations on securitised debt instruments, restricting re-securitisation and refining asset eligibility under RBI-regulated originators.
ITAT Delhi sets aside assessment orders against Telenor India Communication Private Limited, finding them void as the entity merged with Bharti Airtel and ceased to exist before the orders were passed.
Clarification on GST Input Tax Credit availability for demo vehicles used by authorized dealers, addressing Section 17(5)(a) blockage and capitalization.
Read about DCIT Vs Alfa Laval India Pvt Ltd (ITAT Pune): Key findings on Transfer Pricing, rejection of Cost Plus Method, and disallowances for project costs and actuarial gains.
Supreme Court rules stamp vendors are public servants under the Prevention of Corruption Act due to their public duty, but acquits vendor citing lack of bribe demand proof.
Delhi High Court held that initiation of reassessment proceedings by issuance of notice under section 148 of the Income Tax Act is not sustainable in law in as much as the same is barred by limitation as stipulated u/s. 149 (1) of the Income Tax Act.
The present appeal has been preferred by the revenue. The controversy involved in the present appeals pertains to the treatment of “commission income” and the amounts received by the Assessee as “subscription fee”.
Madras High Court directs the Income Tax department to decide CRC Limited’s appeal within two months, addressing the attachment of their bank account during the appeal process.
Allahabad HC: Filing a certified copy of the appealed GST order is a procedural requirement, not mandatory if the appeal is filed electronically with a copy.