NCLT Cuttack held that application for initiation of Corporate Insolvency Resolution Process [CIRP] under section 7 of the ...

ITAT Panaji ruled that cooperative societies can claim a deduction under Section 80P even if they filed their return late, but only for assessment years (AYs) prior to ...

A summary of the challenges in passing on GST rate cuts to consumers, focusing on issues like input tax credit reversal and practical pricing ...

Sections of the Waqf (Amendment) Act, 2025, (Hereinafter referred to as “impugned Act”) on the ground of they being ultra vires the Constitution of India being violative of Articles 14, 15, 19, 21, 25 ...

Allahabad High Court held that initiation of proceedings under section 74 of the Central Goods and Services Tax Act [CGST Act] is not tenable in law since no findings is recorded which shows that ...

ITAT Bangalore held that interest on housing loan is allowed to be included in cost of acquisition of capital asset under section 48 of the Income Tax Act provided the same is not claimed as deduction ...

CESTAT Chennai held the denial of import exemption customs authority not justifiable since import was made under DGFT licence which was valid at the time of import and was cancelled by DGFT much later ...

The d (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of ...

Gujarat High Court stays a six-month suspension of an Insolvency Professional by IBBI, citing issues of bias and the lack of an appellate ...

The Supreme Court has ruled that an application under the State Bank of India's (SBI) One Time Settlement (OTS) 2020 Scheme is invalid without the mandatory 5% upfront payment of the settlement ...

The Delhi High Court directs the Customs Department to refund a Kuwaiti resident for a seized gold piece that was disposed of ...

In Puneet Batra vs UOI, the Delhi HC ruled that GST officials cannot access a lawyer’s computer without his presence, and set conditions for examining seized ...