Supreme Court ruled that High Court erred by dismissing Revenue's appeal based only on old precedent without examining current facts. Judgment emphasizes that new AUDA tests must be applied to ...

Karnataka High Court held that a reassessment notice issued on 7 May 2024 for AY 2017–18 was beyond six-year limitation period under Section 149 of Income Tax Act and therefore ...

ITAT Chennai set aside the rejection of an 80G registration application, holding that the prescribed timelines are directory, not mandatory. The Tribunal directed the CIT(E) to process the delayed ...

CBDT deadline could be treated as filed under the new clause (iv)(B) of Section 80G(5), introduced by the Finance Act, 2024. The matter was remanded to CIT(E) for ...

IFSCA proposes 2025 Pension Fund Regulations to create a regulated retirement savings framework for NRIs and foreign citizens ...

IFSCA releases proposed Pension Fund Regulations 2025 for GIFT-IFSC, aiming to create a global forex pension hub for NRIs and ...

ITAT quashed a reassessment, ruling that S 148 notice was invalid because it was issued before AO formally received mandatory ...

India's legal system is shifting to a victim-centered approach, utilizing victimology and re-storative justice through ...

The Andhra Pradesh High Court quashed GST assessment orders issued under Section 62 against Pushpa Decors after the required ...

CBIC's Fourth Amendment Rules, 2025 introduce Rules 9A and 14A, mandating 3-day electronic GST registration and an optional ...

NCLT Kochi held that application under Regulation 31A(11) of the IBBI (Liquidation Process) Regulations, 2016 valid as ...

IFSCA seeks public comments on amending its Capital Market Intermediaries Regulations, 2025. Key proposals include relaxing ...