Bombay High Court upholds ITAT ruling, stating Section 14A disallowance and Section 115JB adjustment for exempt income are not applicable if no exempt income is earned.
Department of Posts has issued a one-time relaxation, allowing manual processing for compassionate engagement cases of married daughters of deceased GDS, registered before June 27, 2024.
ITAT Pune allows appeal, directs normal tax rates for business income declared during survey, overriding Section 115BBE application. Cites key judicial precedents.
The Madras High Court has invalidated a tax assessment transfer order from Chennai to Kolkata, ruling the assessee was no given a reasonable opportunity to respond.
The ROC has issued an order against Charles River Laboratories India Private Limited for failing to hold a board meeting on time, a violation of Section 450 of the Companies Act, 2013.
CESTAT Allahabad held that booking cancellation charges, is in nature of compensation, are not consideration for service and hence no service tax chargeable on the same. Accordingly, demand on booking cancellation charges not sustained.
Gujarat High Court overturns lower court, orders Rs. 13 lakh robbery cash to be handed to Income Tax Department for undisclosed income probe.
CBIC issues Instruction No. 14/2025 on FSSAI-BFDA pact, updates list of Bhutan’s approved units; no change in certificate format or compliance rules.
The Punjab and Haryana High Court upheld the denial of Section 54 capital gains exemption for two independent residential houses, reinforcing single-house benefit rule.
Gujarat High Court Quashes Case Transfer Over Due Process Breach