The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ensuring income–TDS linkage.
The Supreme Court held that directing time-bound investigations should be exceptional and only where undue delay or stagnation is evident, preserving investigative autonomy while protecting Article 21 rights.
The instructions mandate continuous AI and live proctor monitoring during CSEET. Any violation of conduct or technical norms can lead to result cancellation without further notice.
The update formally amends the Handbook of Procedures to include an additional bank for gold imports, specifying validity, scope, and consumption limits.
Description: Authorities found dumped CRNO steel imports causing material injury and future threat, leading to definitive anti-dumping duty for five years to restore fair competition.
SEBI has amended its rules to permit zero-coupon debt securities to be issued at a reduced face value. The move expands investor access while retaining safeguards against structured obligations.
Authorities addressed concerns over cheap chemical imports. The ruling introduces minimum CIF thresholds while exempting export-focused units from the restriction.
IRDAI has proposed relaxing rules to allow insurers to invest in infrastructure SPVs with stable cash flows. The move aims to support long-term infrastructure financing without parent guarantees.
IBBI has enabled modification of CIRP forms through its portal and announced fees for delayed filings. The late fee applies to forms submitted after 31 December 2025.
The Tribunal held that cash deposits cannot be treated as unexplained income unless books of account are formally rejected under section 145(3).
