The ROC held that failure to appoint a woman director within the prescribed period violates section 149(1). Monetary ...

The Tribunal held that while section 14A applies to partnership investments, disallowance cannot exceed the amount excluded from total income. Excess Rule 8D disallowance was therefore restricted to ...

The Special Bench ruled that DDT under section 115-O is a distinct tax on the company, not on shareholders. Treaty dividend rates therefore cannot cap the DDT payable by an Indian ...

Explains when Form 10F becomes mandatory for claiming DTAA benefits and what information must be furnished under Indian tax law. The key takeaway is that Form 10F complements the TRC and is critical ...

The High Court quashed GST orders where ITC was denied without verifying whether the supplier paid tax and filed returns. The matter was remanded for fresh factual ...

The Court rejected a plea for GST cancellation after finding suppression of facts and false claims about business operations. The key takeaway is that writ relief is unavailable where conduct is ...

The High Court held that evaded turnover cannot be enhanced arbitrarily based on one fake invoice. Estimation must be proportionate to evidence and based on reasonable ...

By substituting outdated terms across regulations and schedules, SEBI has clarified the nomenclature for registrars. The amendment focuses on uniform drafting rather than introducing new ...

The law now mandates a single exemption pathway for charitable institutions, ending the flexibility of parallel regimes. The key takeaway is that once a regime is chosen, procedural compliance becomes ...

The Tribunal held that incomplete villas incapable of occupation and held as business assets do not amount to residential houses. Deduction under section 54F cannot be denied merely due to their ...

Gujarat HC held that ex parte orders are invalid if personal hearing notices under Section 37C are not properly delivered ...

ITAT Pune held that a claim of agricultural income cannot be accepted without supporting records. Complete non-compliance at ...