SEBI has introduced a framework to strengthen intraday monitoring of equity index derivatives, setting new position limits to curb excessive risk and enhance market stability.
The CBDT has published a new notification to amend Income-tax Rule 2DCA, aligning it with recent changes to Section 10(23FE) and extending key deadlines to 2031-32.
The Ministry of Home Affairs has enacted the Immigration and Foreigners Order, 2025, which supersedes several previous acts and consolidates rules for the entry, stay, and departure of foreigners from India.
The Ministry of Home Affairs has enacted the Immigration and Foreigners Rules, 2025, which supersedes several previous rules and establishes new regulations for the entry, stay, and departure of foreigners in India.
Delhi ITAT quashes ₹11 crore in tax additions, ruling that additions in a search case cannot be made without finding incriminating material on the assessee’s premises.
ITAT Delhi has directed Assessing Officer to amend assessment for Richemont India, reducing a Rs 33.95 crore transfer pricing addition to nil.
ITAT Delhi: Addition on expensive watches deleted. The court held they belonged to the entire Kochar family, and possession was consistent with their status.
Key summaries of recent regulatory changes in India across Income Tax, GST, Customs, and other bodies, including tax exemptions, GST rulings, and SEBI compliance extensions.
Assessee had recorded the cash deposits as sales in the audited books of account, and no discrepancies were found by AO or CIT(A). Failure to provide PAN alone could not be the sole reason to treat the sales as unexplained money, particularly when Aadhaar details were submitted.
Chennai ITAT rules that costs for interior work and utility connections for a new home can be included in the LTCG exemption under Section 54 of the IT Act.
