Mumbai ITAT rules joint ownership of residential property does not bar Section 54F capital gains exemption, favoring assessee in conflicting High Court views.
ITAT Ahmedabad dismisses Revenue appeals, classifying share trading income as short-term capital gains and allowing Section 54F exemption for property investment.
Election Commission implements mobile deposit, 100% webcasting, and upgraded VTR sharing in five Assembly bye-polls, enhancing polling transparency and efficiency.
Explore the growth in direct and advance tax collections for FY 2025-26 as of June 19, 2025, highlighting corporate and non-corporate contributions.
Finance Minister releases 5th National Time Release Study. ART declines at ports; TRS expands to new locations with advanced methodologies.
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Finance Minister outlines measures to enhance GST registration, grievance redressal, Customs efficiency, and trade facilitation at CBIC Conclave in New Delhi.
India sees a 45% rise in foreign asset reporting for AY 2024-25. CBDT’s initiatives under AEOI ensure compliance with foreign income declarations.
Explore Bombay High Court’s landmark ruling on customs jurisdiction versus international treaty obligations under ASEAN-India FTA, clarifying enforcement of domestic law over unincorporated treaty provisions
