The case addressed denial of permanent commission caused by systemic bias in evaluation and opportunities. The Court held that such discrimination violated constitutional principles and granted relief to affected officers.
The initiative improves tax compliance and revenue collection using AI-driven analytics. However, concerns over data privacy, bias, and transparency highlight the need for safeguards.
Despite a drop in market capitalization, the crypto sector saw major infrastructure expansion. The case highlights how fundamentals strengthened even as prices fell, shifting focus beyond price trends.
The issue revolved around concerns of exemption removal under the new tax regime. The Government clarified that the exemption continues unchanged, ensuring no adverse impact on eligible defence personnel.
The issue involved regulatory ambiguity around the absence of a defined micro-cap category. SEBI suspended fresh investments while allowing redemptions and later clarified norms to prevent such gaps.
The issue involved widespread misuse of social media by unregistered financial influencers. SEBI acted by escalating content for removal and strengthening disclosure norms to protect investors.
Bright Line Test (BLT) could not be applied for determining the Arms Length Price (ALP) of Advertisement, Marketing, and Promotion (AMP) expenditure under the transfer pricing provisions.
Deprivation of property must be based on law which is just, fair and reasonable, the Supreme Court struck down the Bihar law that allowed the State to take over a historic library for a token compensation of just one rupee, holding that such a provision was “confiscatory” and failed constitutional scrutiny.
Delay in TDS/TCS deposit was arguably not punishable under the 1961 Act on strict interpretation, but from FY 2026-27, new law clearly penalizes delays beyond return filing deadlines.
While HUF offers tax advantages, salaried individuals often lack valid corpus. The analysis explains why benefits may be limited in such cases.
