Tribunal held that amounts incurred as authorized pure-agent payments could not form part of taxable value. The ruling clarifies that failure to interpret Rule 5(2) correctly invalidated the ...

Supreme Court dismissed the challenge, leaving intact the High Court ruling that registration under Section 12AA could not be denied when the institution’s educational objectives and utilization of ...

Learn why returning NRIs must file the FA Schedule, what assets to report, and how compliance protects against penalties under Indian tax ...

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

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

The Tribunal held that section 54 relief cannot be denied merely because the new property was purchased in the spouse’s name.

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

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

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

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

Learn how the Digital Personal Data Protection Act, 2023, and Rules, 2025 regulate personal data collection, processing, and security, ensuring individual privacy and ...

ITAT Lucknow restored the reassessment u/s 147 after holding that CIT(A) misread the AO’s findings and wrongly assumed verification of books and cash deposits. The Tribunal found the appellate order ...