The circular removes certain statutory lending restrictions for foreign bank IBUs while imposing stricter safeguards for ...

The Tribunal held that even extraordinary circumstances like COVID-19 do not justify appeals filed after limitation expiry.

The Court rejected the anticipatory bail application as the applicant was absconding and implicated in a fraudulent lottery ...

The ITAT Hyderabad held that a notice issued by the Jurisdictional AO under Sections 148A(b) and 148 after the Faceless ...

ITAT restored Rs. 20 Cr in unsecured loans, interest, and squared-up loans for fresh verification, noting CIT(A) erred by ...

ICAI confirms that the new Income-tax Act, 2025 will be examined in Intermediate and Final CA exams starting May 2027, guiding student ...

The Court held that Section 44AF, as a special provision, overrides the requirements of Section 139(9). It ruled that ...

The Court held that the appellate authority set aside a refund without proper scrutiny or reasoning. The matter was remanded ...

The Court also noted its decision in Sugandha Enterprises, where an ex parte order was set aside because the taxpayer had not been given an opportunity to reply or be heard. In that case, the Court ...

The High Court remanded the assessment order after finding the petitioner was unaware of the SCN and did not attend a personal hearing. The matter will be reconsidered after the petitioner files a ...

GSTN clarifies that supplies added or amended via GSTR-1A will auto-populate Tables 4 and 5 in GSTR 9, ensuring annual returns reflect the most updated liability ...

SEBI’s circular enables existing AIFs to convert to AI-only or LVF schemes, enhancing operational flexibility while requiring investor consent and reporting to ...