Delhi High Court sets aside tax order against Menka Chaturvedi, citing notice delivery issues and pending Supreme Court rulings on tax notification validity.
CESTAT Kolkata held that club not being an advertising agency, service tax cannot be levied for advertisement published in souvenir or any display carried out in club premises. Accordingly, service tax demand set aside.
The ITAT Delhi dismissed GE Steam Power Systems’ appeals for AY 2015-16 and 2016-17 after the company opted for the Vivad se Vishwas Scheme, allowing future revival if the settlement fails.
The ITAT Ahmedabad has remanded a case concerning Smasta Gurjar Kshatriya Kadiya Samaj Navsari, stating 80G exemption cannot be denied solely due to a religious object if religious expenditure is below 5% of total income.
India imposes definitive countervailing duty on certain effect pearlescent pigments from China PR for five years, effective June 26, 2025, due to subsidization and material injury to domestic industry.
India applies 5-year anti-dumping duty on Plastic Processing Machines from China PR and Taiwan to counter dumped imports and protect domestic industry.
SEBI issues new Industry Standards for Related Party Transaction approvals, effective Sept 1, 2025, aiming to standardize information for audit committees and shareholders.
PFRDA extends UPS option deadline for NPS-covered employees and retirees of Central Government to 30 September 2025. Applies to spouses of deceased retirees too.
Calcutta High Court held that Kolkata Municipal Corporation cannot levy advertisement tax without framing regulations or without the budget estimate prescribing the rates at which advertisement tax may be levied. Thus, demand notice on Cricket Association of Bengal bad-in-law.
NCLAT Delhi dismisses appeal by Bijay Pratap Singh, affirming the admission of CIRP against Unimax International over unpaid operational debt to Unimax International.
