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Archive: 22 August 2025

Posts in 22 August 2025

ITAT Deletes 271AAB Penalty for absence of Specific Charge in notice

August 22, 2025 579 Views 0 comment Print

The ITAT Chandigarh ruled that a penalty notice without a specific charge is invalid, leading to the deletion of a penalty under Section 271AAB.

ITAT Chandigarh Quashes 153A Additions Without Incriminating Material

August 22, 2025 294 Views 0 comment Print

The ITAT Chandigarh deleted additions under Section 153A, ruling that an assessment cannot be reopened without incriminating material found during a search.

ITAT Rules Stamp Duty Value Prevails Over Higher DVO Valuation

August 22, 2025 690 Views 0 comment Print

The Mumbai ITAT ruled that under Section 50C(3), the stamp duty value prevails over a higher DVO valuation. Learn how this impacts capital gains tax.

India Imposes Minimum Price on Paper Board Imports

August 22, 2025 2151 Views 0 comment Print

The Indian government has imposed a Minimum Import Price (MIP) of INR 67,220 per metric ton on specific virgin multi-layer paper board imports until March 31, 2026.

SEBI Warns Against Fraudulent FPI Trading Scams

August 22, 2025 594 Views 0 comment Print

SEBI advises Indian investors against fraudulent schemes on social media and apps that claim to offer stock market access through Foreign Portfolio Investors (FPIs).

SEBI Appoints Three New Executive Directors in Key Roles

August 22, 2025 819 Views 0 comment Print

SEBI announces appointments of Amit Pradhan, Avneesh Pandey, and Sanjay C. Purao as Executive Directors overseeing legal, technology, and investigation functions.

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