ITAT Pune overturns 80G rejection for Heritage Youth Foundation, ruling that the “commencement of activities” timeline applies to new trusts, not existing ones seeking provisional approval.
Gujarat High Court rules on Rule 86A, stating ITC blocking needs recorded reasons and communication. Voluntary payments cannot be retained without final assessment.
Gujarat High Court rules amendment to GST Rule 89(5) for inverted duty structure refunds is retrospective, quashing restrictive CBIC circular.
The Competition Commission of India has closed a case alleging cartelization and bid-rigging in coal block auctions from 2015 and 2023, citing a lack of prima facie evidence.
SEBI is seeking comments on a proposal to amend the ‘Strategic Investor’ definition for REITs and InvITs. The change would expand the category to include Qualified Institutional Buyers, broadening the investor base.
SEBI issues a draft circular to align third-party reviewer norms for green debt securities with other ESG bonds, seeking public comments by August 21, 2025.
SEBI is seeking public comments on a draft circular to amend a previous rule regarding the face value of debt securities. The proposed change would allow zero-coupon debt securities and non-convertible redeemable preference shares to be issued at a reduced face value of Rs. 10,000, broadening options for issuers and investors. This public comment period will remain open until August 21, 2025.
Learn about the requirements for filing an income tax return in India. This summary outlines filing deadlines, taxable income limits, and special conditions.
A summary of the Companies Act, 2013 provisions on dividend declaration, including sources of funds, rules for inadequate profits, and payment procedures.
Learn how DTAAs affect capital gains tax on Indian mutual funds for non-residents. Judicial precedents clarify that gains are often only taxable in your country of residence.
