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

RBI has directed Regional Rural Banks to prevent excessive interest rates by adopting Board-approved policies that ensure fair pricing and borrower protection. The key takeaway is tighter governance ...

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 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 new Directions prescribe strict limits on single and group borrower exposures and require Board-approved lending policies. The key takeaway is tighter governance to prevent excessive risk build-up ...

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 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 ...

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By substituting outdated terms across regulations and schedules, SEBI has clarified the nomenclature for registrars.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 ...

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