Jalna in Maharashtra added as a customs station for loading/export and unloading/import of goods under Customs Act via Notification No. 37/2025.
RoDTEP schedule updated from May 1, 2025, to align with Customs Tariff Act changes under Finance Act 2025. Updated rates available on DGFT website.
Supreme Court examines Sulthan Said Ibrahim’s appeal against impleadment and tenancy claims, as specific performance decree faces persistent delays in execution.
Explore the ICAI Code of Ethics—its structure, key rules, and disciplinary process ensuring ethical conduct by Chartered Accountants in India.
Understand tax implications for NRIs selling Indian property, including capital gains, revised rates, TDS impact on cash flow, and the process for repatriating sale proceeds.
Explore India’s 2024 Union Budget changes to LTCG tax on immovable property, including indexation removal, revised tax rates, and the grandfathering provision.
Karnataka High Court ruled that blocking an Electronic Credit Ledger (ECrL) requires a pre-decisional hearing, emphasizing natural justice principles and objective reasons.
Karnataka High Court held that assumption of jurisdiction under section 147 of the Income Tax Act untenable since mandatory requirement of section 149(1)(b) of the Income Tax Act not complied. Accordingly, writ petition allowed and notice u/s. 148 quashed.
ITAT Jaipur held that disallowance u/s. 40(a)(i) of the Income Tax Act untenable since amount of commission paid to a non resident outside India for the services rendered outside India will not fall in the category of income, and as such would not be chargeable to tax.
West UP lacks a High Court Bench despite huge caseloads. Calls grow louder to address judicial imbalance in Uttar Pradesh, Bihar, and Rajasthan.