RBI’s June 2025 circular removes restrictions on using Brickwork Ratings India Private Limited (BRIPL) ratings for bank capital adequacy under Basel III.
Tribunal sets aside service tax demand on Agarwal Traders for Vodafone dealer commissions, citing prior rulings on trading activity and avoiding double taxation.
Delhi High Court directs the GST Appellate Authority to determine the pre-deposit amount for Shivalik Housekeeping in a ₹21.80 crore tax case.
Madras High Court directs CESTAT to admit Sruthi Raj’s appeal after noting the Commissioner’s order was returned undelivered, overturning delay condonation rejection.
Madras High Court directs income tax authorities to address Vinplex India’s representation for unpaid interest on a Rs 3.71 crore refund, previously sanctioned and partially paid.
FM visits NACIN, inaugurates DRI HQ, promotes eOffice; CBIC highlights sustainability, integrity, and modernization in tax administration.
The Manipur Goods and Services Tax (Amendment) Ordinance, 2025, updates the state’s GST Act, aligning it with central law changes and introducing new tax determination rules.
Bombay High Court quashes Income Tax Department’s search and seizure on Balkrushna Buty, citing lack of reason to believe mandated by Section 132 of IT Act.
Delhi ITAT rules Coursera’s online course receipts from India are not taxable as Fees for Included Services, citing prior judicial precedents.
ITAT Bangalore rules that a director’s mere custody of company funds, without personal use or formal loan, does not constitute a deemed dividend under Section 2(22)(e) of the Income-tax Act.
