ITAT Bangalore grants a trust unconditional 15% accumulation under Section 11(1)(a), while remanding the issue of additional accumulation for fresh consideration by the AO.
The Delhi High Court has ruled that consenting adults have the right to choose their life partner and live together, protected under Article 21 of the Constitution.
Understand the burden of proof for claiming customs duty concessions under the Project Import Regulations, 1986. Learn how Supreme and Delhi High Court rulings impact importers.
TAT Mumbai holds that under Section 56(2)(viib), an assessee may adopt DCF or NAV method, and AO cannot substitute valuation with own estimate.
ITAT Mumbai upheld addition of ₹84.79 lakh as unexplained cash credit, rejecting Section 10(38) LTCG claim on penny stocks in Chitra Mehta’s case.
The Supreme Court clarifies Section 6(2)(b) of the CGST Act, ruling that a summons is not a “proceeding” and defining “same subject matter” to prevent parallel investigations.
The Supreme Court of India ruled that a provisional attachment order under Section 83 of the CGST Act cannot be re-issued or renewed after its one-year validity period expires.
The ICSI Council approved new training guidelines, a research program with DTU, national seminars, and multi-language study materials for Executive Programme.
Understand TDS obligations on payments to non-residents in India. Learn about Section 195 DTAA documentation and the consequences of non-compliance.
Overview of ICAI’s FAIS 300 Series standards for planning, evidence handling, analysis, and documentation in forensic accounting investigations.
