• Income Tax

Reopening conclusion that assessee was “Non-Filer” was non-application of mind – High Court

1 month ago

Reopening conclusion that assessee was “Non-Filer” despite assessee clearly stating in reply that he had filed ITR was non-application of…

  • Income Tax

HC declined to allow voluminous documents physically in Faceless Assessment

1 month ago

High Court declined to allow production of physical documents by in Faceless Assessment simply because they were voluminous In a…

  • Income Tax

Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information

1 month ago

The prima facie satisfaction u/s 148 cannot be stretched to a non-existing information or incorrect information - ITAT In a…

  • SEBI

Mutual Funds to value physical Gold and Silver by using the polled spot prices

1 month ago

Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…

  • bankruptcy

SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor

1 month ago

Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…

  • Income Tax

Merely because sales were declared for only one month, same cannot be treated as bogus

1 month ago

Merely because assessee had declared sales for only one month, the same cannot be treated as bogus on the basis…

  • Income Tax

ITAT deleted addition as method of accounting had been accepted in earlier years

1 month ago

ITAT deleted addition as the method of accounting had been accepted by the department in earlier years and the entire…

  • Benami

Orders passed under Benami Act cannot be challenged under IBC 2016 – SC

2 months ago

Orders passed under Benami Act cannot be challenged under Insolvency and Bankruptcy Code, 2016 - SC In a recent judgment,…

  • RBI

RBI notified format of Currency Declaration Form to declare foreign exchange brought

2 months ago

RBI notified format of Currency Declaration Form (CDF) to declare foreign exchange brought into India Regulation 6 of the Foreign…

  • Companies Act

Companies Compliance Facilitation Scheme 2026 to condone delay in filing forms with ROCs

2 months ago

MCA introduces Companies Compliance Facilitation Scheme 2026 Ministry of Corporate Affairs has issued General Circular No. 01/2026 dated 24.02.2026 introduced…