The tribunal approved the resolution plan after the anchor bidder outperformed the challenger during the Swiss Challenge. The ...

Gujarat High Court held that recommendation of name of Chartered Accountant from the Register of Member based on disciplinary committee report quashed as report was merely a cut-paste job without any ...

CBDT notifies tax exemption for a development authority under Section 10(46A), effective from AY 2024-25. The ruling confirms retrospective benefit with no adverse impact on ...

A statutory authority has been formally notified for exemption under Section 10(46A) with effect from AY 2024-25. The approval is conditional on continued operation under its governing Act and ...

CBDT notifies a State Pollution Control Board as exempt under Section 10(46A), effective AY 2024-25. The decision confirms tax-free status for statutory environmental ...

GSTAT upheld a profiteered amount of ₹4,57,683 but ruled that interest and penalty do not apply as the relevant CGST Rule amendments are ...

Compares India’s multi-rate, dual-structure GST with simplified global models and highlights why complexity arises from federal and socio-economic ...

New SEBI amendment mandates valuation of employee share benefit schemes only by independent registered valuers, phasing out merchant banker valuations except for ongoing ...

The High Court held that a show cause order passed ex parte before the expiry of the response period violated natural justice. The case was remitted for fresh adjudication with proper ...

The Court held that interest paid for delayed Agricultural Income Tax cannot be deducted under Section 37. Since AIT itself is not deductible, the related interest also fails eligibility. The ruling ...

The Allahabad High Court struck down a GST cancellation order that provided no reasons for rejecting the taxpayer’s explanation, emphasizing procedural fairness and protection of business ...

The Tribunal held that confiscation of all seized betel nuts was unjustified, as only a documented portion belonged to the appellants. Revenue was directed to release 150 kgs fit for ...