Chhattisgarh High Court held that imposing liability u/s. 201(1) of the Income Tax Act for failure to deduct TDS without providing opportunity of being heard is not sustainable in law. Accordingly, matter remitted back for fresh consideration.
CBIC announces the immediate removal of port restrictions and mandatory CLRI testing for finished, wet blue, El tanned, and crust leather exports from India.
CBDT extends ITR filing deadline for small taxpayers to Sep 15, 2025, citing ITR form changes and system updates. Use this time for reconciliation and accurate filing.
The petitioner filed writ petitions under article 226 of the Constitution of India challenging the impugned order dated 31.01.2025, in which the Assistant Commissioner of Customs, Indore, rejected the application filed under Section 58 r/w Section 65 of the Customs Act, 1962.
ITAT Ahmedabad rules Section 56(2)(x) applies to agricultural land. Assessee’s dispute on stamp duty valuation mandates DVO reference. Case remanded for re-evaluation.
NCLT approves Nazara Technologies’ ₹126 Cr resolution plan for Smaaash Entertainment, addressing fraudulent transactions and promoter ineligibility under IBC.
Explore SEBI’s 2024-2025 amendments to insider trading regulations. Understand expanded UPSI definitions, broadened “connected persons,” and revised trading plan rules for market participants.
The Income Tax Return (ITR) filing for FY 2024–25 now mandates an active Aadhaar number. Learn why Aadhaar-PAN linking is crucial, who is exempt, and how to link your documents to avoid an inoperative PAN and filing issues.
Delhi CESTAT in the abovementioned matter set-aside order confirming suspension of custom broker license of the appellant and directed that the original license and all the F/G/H cards, if already surrendered to the Customs, shall be returned to the appellant.
Understand Section 188 of the Companies Act, 2013, covering related party transaction approvals, definitions, monetary thresholds, exemptions, and compliance requirements.
