Supreme Court affirms that an agreement to ‘conduct’ a hotel business does not automatically confer tenancy rights under the Bombay Rent Act.
A summary of key updates for Income Tax, GST, RBI, and legal matters issued from April 7-13, 2025, including exemptions, tax forms, and regulatory changes.
Delhi HC sets aside Sec 153C notices against Ishita Varshney Jain. WhatsApp image of unrelated Agreement to Sell found on husband’s phone insufficient ground.
Bombay High Court dismisses appeals by Refrigerated Distributors, upholding ITAT’s 10% addition on unproved purchases for assessment years 2007-08 to 2012-13, citing concurrent findings of fact.
ITAT Lucknow rules audit fee provisions are not allowable unless liability accrues; EPF disallowance sent back for verification.
Global tariffs spark stock market volatility; guidance for long, medium, short-term, and new investors to navigate uncertain economic conditions.
Kerala High Court declares GST amendments taxing club-member transactions unconstitutional, citing conflict with constitutional definition of supply and service.
Kerala High Court declares GST levy on club members’ contributions unconstitutional, citing violation of Articles 246A, 366(12A), and 265 due to the principle of mutuality. (159 Chars)
Understand recent Supreme Court decisions on GST ITC denial due to supplier errors. Learn about taxpayer rights to correct genuine mistakes.
ITAT rulings highlight that an unsigned notice is legally invalid, undermining the Assessing Officer’s jurisdiction and any penalties for non-compliance.
