Summary of income-tax rules on cash limits, including disallowance of cash expenditure, restrictions on loans, deposits, receipts, repayment rules, electronic payment requirements, and penalties for non-compliance under Sections 40A(3), 269SS, 269ST, 269SU and 269T.
Overview of income taxed under other sources, including dividends, winnings, interest, deemed income, forfeited advances, family pension, and limits on allowable deductions under the Income-tax Act.
HC held that cyber fraud causes systemic harm to digital economy and cannot be treated as a private dispute, rejecting a quashing plea despite settlement. Key takeaway: compromise cannot erase cybercrime liability.
IFSCA’s amended Listing Regulations now allow companies to list shares on IFSC exchanges without a public offer, simplifying entry into international markets. The framework enhances liquidity, cross-border visibility, and regulatory efficiency.
SC ruled that providing a Form 15CB certificate is a tax-compliance function, not a criminal act. Without proof of knowing assistance, CAs cannot be dragged into PMLA proceedings.
This analysis explains how NCLT continues to respect CoC commercial wisdom but now intervenes when procedures, legality, or fairness are compromised. The key takeaway: CoC supremacy stands, but only when due process is airtight.
Bihar, despite its population and legal challenges, lacks even one High Court Bench. Examining the disparity in bench distribution across Indian states.
A practical guide showing how retirees can secure steady income and safety through balanced, government-backed investments.
With hybrid work blurring office boundaries, tax professionals face growing data security risks. Learn how strong cybersecurity habits build lasting client trust.*
The Court held that bona fide purchasers are entitled to Input Tax Credit even if the seller fails to deposit tax, protecting compliant traders from undue liability.
