ITAT Mumbai sets aside reassessment for advocate Nilanjana Arvinder Singh (AY 2013-14, 2014-15), ruling Section 148 notices time-barred. Decision follows Supreme Court’s Ashish Agarwal and Rajeev Bansal rulings on reassessment limitation.
ITAT Mumbai sets aside reassessment against Ramchand Jhamtani (AY 2014-15), ruling Section 148 notice time-barred. Decision relies on Supreme Court’s Ashish Agarwal and Rajeev Bansal judgments.
IBBI’s First Appellate Authority has directed an RTI applicant seeking EPF dues information in a resolution plan to contact the concerned Resolution Professional, stating the IBBI does not ‘hold’ such specific data.
ITAT Raipur cancels reassessment for Vinay Agrawal (AY 2014-15 & 2015-16) due to time-barred Section 148 notices. Decision relies on Supreme Court rulings in Ashish Agarwal and Rajeev Bansal.
ITAT Raipur sets aside reassessment order for Kachrulal Jitendra Kumar, ruling the Section 148 notice time-barred. Cites Supreme Court judgments in Ashish Agarwal and Rajeev Bansal on reassessment limitation.
RBI allows voluntary pledge of gold and silver for agriculture and MSME loans up to collateral-free limits without breaching existing loan guidelines.
Supreme Court disposes of ACIT vs Amit Jain petitions, aligning with the Rajeev Bansal judgment. Assessees can pursue remedies on unsettled issues.
RBI proposes draft directions to simplify EDPMS shipping bill closure for small-value exports, allowing reconciliation based on exporter declarations for bills up to INR 10,00,000.
SEBI issues a Master Circular on July 11, 2025, centralizing listing obligations and disclosure requirements for non-convertible securities, securitized debt, and commercial paper.
Madras High Court sets aside reassessment notice against Thulasidass Prabavathi, citing time-bar and Supreme Court rulings in Ashish Agarwal and Rajeev Bansal on re-assessment limitation.
