Explains why due diligence is meant to identify and manage risks early, helping transactions proceed on informed and confident terms.
Examines how rapid economic and infrastructure growth often outpaces education quality, accountability, and social well-being, raising questions about humane development.
Explains how control and statutory liability rest with the Data Fiduciary, while Data Processors operate under contractual instructions with indirect exposure.
Explains why general ITC entitlement under Section 16(1) is curtailed by specific blocks in Section 17(5), and how courts reconcile both within GST’s value-added framework.
Setting aside an unauthorised transfer order, the Court held that CJMs lack jurisdiction to move criminal trials between courts. The ruling reinforces strict adherence to statutory limits on judicial powers.
The Appellate Authority clarified that refund-related queries are not among the issues specified for advance rulings under the CGST Act. The ruling underscores the limited scope of advance ruling jurisdiction.
The Tribunal upheld disallowance of political donation deductions where the assessee failed to prove genuineness and the transactions were linked to suspected accommodation entries. The ruling reinforces the burden on taxpayers to substantiate claims under section 80GGC with credible evidence.
Draft Income-tax Rules and Forms have been released for public feedback before the new law takes effect, with inputs to shape the final notification.
The agreement provides zero-tariff access in the US for key Indian agricultural products while keeping sensitive items and imports that could harm farmers outside its scope. It balances export growth with domestic protection.
