ITAT held that additions under section 153A cannot be made if no incriminating material is found at the assessee’s premises; third-party documents should be invoked via section ...

The tribunal ruled that reassessment notices issued after April 2021 for AY 2015-16 are invalid, as they fall outside TOLA provisions and are ...

ITAT held that managing multiple bank accounts justified salary expenses claimed under Section 57(iii). The ruling restores full deduction and reinforces that recurring administrative costs can be ...

The ₹8.49 lakh credited for household expenditure from husband was deleted as non-taxable. The unexplained ₹17.80 lakh in the capital account is sent back to the AO for proper verification and ...

Holding that proceedings were intentionally protracted, the Court approved the Trial Court’s decision to close cross-examination. It reiterated that costs must be honoured and long-pending matters ...

India is set to adopt a UNCITRAL-based cross-border insolvency framework, enabling faster resolution of multinational cases and boosting investor ...

SGBs redeemed in 2025 delivered absolute returns up to 316%, benefiting from gold price appreciation and tax-free interest. Investors can leverage these insights for long-term wealth ...

Investments Accepted in Earlier Scrutiny Cannot Be Treated as Bogus u/s 68 on Sale—5% Profit Estimation by CIT (A) Deleted; ...

Four Labour Codes Herald Transformational Change Better Wages, Safety, Social Security & Enhanced Welfare for India’s Workforce Codes lay the foundation ...

The new industrial relations regime permits layoffs and closures without prior approval up to 300 workers while increasing notice periods and adding a mandatory reskilling fund. The ruling balances ...

A clear breakdown of the major reforms introduced from 21 November 2025 and how they transform wages, social security, and workplace rights. Key takeaway: 29 older laws are replaced by a unified, ...

Understand the audit reporting requirements, exemptions, and responsibilities for Section 8 companies to ensure transparency and compliance under the Companies Act, ...