NCLAT set aside an NCLT order that maintained a liquidator's status quo in a voluntary liquidation. NCLAT held that Corporate Debtor, not NCLT, has statutory authority to replace a liquidator under ...

Gujarat High Court quashes GST confiscation order against Lakshay Logistics, citing lack of mandatory notice to the transporter before seizing vehicle and ...

ITAT Ahmedabad held that income from the sale of Renewable Energy Certificates (RECs) by Mayur Dyechem Intermediates LLP for AY 2017-18 is a capital receipt and not taxable. Tribunal partly allowed ...

Subsequently asserted that the twin conditions under Section 263 were absent as the AO had conducted due inquiry. Revenue contended that Section 37(1) disallowed CSR expenses which were not wholly and ...

Introduction When I wrote an article on this topic last year, for the very first time, I stated that rebate was not being allowed from 5th June 2024. After ...

The ITAT held that the assessee, being a resident individual with total income of less than Rs.7 lakh under Section 115BAC (1A), was entitled to rebate under Section 87A even though the tax arose on ...

Explore rules of agricultural income taxation in India. This guide clarifies how agricultural income is defined, what ...

Anybody carrying on the business of Digital Marketing with cash transactions both on the aspect of receipts and payments in cash below 5% of the turnover, which was below Rs.5 Crores as per the ...

A summary of the Punjab State Development Tax Act, 2018, as amended in 2025, covering key definitions, tax rates, compliance rules, penalties, and payment ...

SEBI is seeking public comments on a proposal for a new type of AIF scheme exclusively for Accredited Investors, with a simplified regulatory framework and greater ...

SEBI releases a consultation paper proposing to allow resident Indians through retail schemes and mutual funds, to participate more easily in Foreign Portfolio Investors ...

SEBI's new SWAGAT-FI framework aims to simplify FPI and FVCI investments for trusted foreign entities by streamlining registration, compliance, and ...