ITAT Mumbai grants Vishwaroop Infotech partial relief on unrealized rent and Section 14A disallowance, highlighting commercial expediency and proper expense attribution.
India extends anti-dumping duty on Clear Float Glass from Malaysia until February 10, 2026, following a review by the Ministry of Finance.
India’s customs department has revised import policy for iridium, osmium, and ruthenium alloys containing over 1% gold by weight, classifying them as restricted.
DGFT Public Notice 14/2025-26 details new Standard Input Output Norms (SIONs A-3687, A-3688, A-3689) for chemical and allied products like Azithromycin and Ceftazidime.
The IBBI’s 2025 amendment mandates disclosure of avoidance transactions in information memorandums and restricts their assignment in resolution plans.
ICAI seeks public comments by July 31, 2025, on proposed amendments to Regulation 204, introducing “Forensic Investigation” into Chartered Accountants Regulations.
SEBI proposes changes to InvIT conversion framework, including removing sponsor and non-sponsor lock-in requirements and aligning disclosures with follow-on offers.
Delhi ITAT partially allows Rohit Goel’s appeal against ACIT, addressing unexplained cash deposits, out-of-book purchases, and assessing income based on bank credits.
India restricts import of select flax and jute goods from Bangladesh via land ports; allowed only through Nhava Sheva seaport. Transits to Nepal/Bhutan exempted.
DGFT Public Notice amends FTP 2023, renaming ‘The Silk & Rayon Textiles Export Promotion Council’ to ‘Manmade and Technical Textiles Export Promotion Council (MATEXIL)’ and updating its contact information for RCMC issuance.
