ITAT Pune held that adjustment under section 11(3) of the Income Tax Act as deemed income cannot be sustained as accumulated surplus funds are utilized within stipulated time period and the amendment ...

Madras High Court rules that issuing a single GST show cause notice for multiple financial years is impermissible, citing Sections 73 & 74 and procedural hardships for ...

The IFSCA has released guidelines clarifying eligibility criteria for Key Managerial Personnel (KMPs) in Fund Management ...

CAAR Mumbai addresses classification of roasted cashew, areca, almond, and pista nuts, considering judicial precedents and ...

CAAR Delhi rejects Infinity Export's advance ruling plea on roasted areca nut classification due to repeated non-appearance at scheduled ...

SEBI seeks public input on easing norms for non-convertible securities by revising annual report dispatch rules. Comments open till August 15, ...

Nitin Gupta assumes charge as NFRA Chairperson on July 23, 2025, alongside new full-time members, enhancing the authority's ...

Technical input-export correlation is only for specific items under FTP 2023 para 4.29; other inputs only need name and quantity ...

CBDT approves IQRAA International Hospital And Research Centre for scientific research exemption from AY 2026-27 to AY 2030-31 vide Notification No. 125/2025- Income Tax | Dated : 24th July, ...

ITAT Mumbai ruled in favor of an assessee, allowing a short-term capital loss on share sales, stating that documented transactions aren't bogus merely due to a scrip being labeled as "penny ...

CBDT approves Gitarthganga, Ahmedabad for tax deduction under Section 35 for Social Science research, applicable from AY 2026–27 to AY ...

Bombay High Court rejects PCIT's appeal against Pacific Organics, citing ambiguous notice and follows Full Bench ruling in Mohd. Farhan A. Shaikh ...