ITAT Chandigarh partially allows Sukh Pal Singh’s appeal, adjusting long-term capital gains by accepting a higher cost of acquisition and partial Section 54F deduction.
IRDAI has refused to reduce or exempt insurance premiums for school buses during the Covid-19 lockdown, citing legal and contractual reasons.
SEBI new circular extends deadlines for stock brokers to submit half-yearly net worth certificates aligning them with financial reporting timelines. This promotes ease of doing business.
The Karnataka High Court upheld the exclusion of Universal Print System and BNR Udhyog as comparables in a transfer pricing case involving Robert Bosch.
The MCA has completed its V3 portal migration, changing how professionals file AOC-4. Learn about new requirements, including linked forms and photographic evidence.
The Mumbai ITAT ruled that the sale of rights entitlements is distinct from shares, and gains from such sales are only taxable in the resident’s country under the India-Saudi DTAA.
The Delhi High Court has directed tax authorities to immediately disburse a Goods and Services Tax (GST) refund to Kunal International ruling that the government cannot withhold the payment while awaiting the constitution of the GST Appellate Tribunal. This summary examines the court decision and its implications.
The Delhi High Court has directed tax authorities to refund ₹28.84 lakh to the legal heir of a deceased proprietor, ruling that an appellate authority’s order must be complied with unless stayed by a superior court.
The Promotion and Regulation of Online Gaming Bill, 2025, bans money games to protect users from financial harm while promoting e-sports and social games.
A Ministry of Finance report reveals PSBs wrote off over ₹318,000 crore in corporate loans over five years, detailing recovery efforts and tax exemptions.
