News

SC rules that nominees under Section 109A of the Companies Act do not gain absolute ownership of shares, preserving legal ...
Understand Indian income tax implications for non-resident shareholders on foreign company share buybacks. Learn about ...
Understand the importance of correct formats for Section 143(2) scrutiny notices. Learn how non-compliance impacts tax ...
RBI now permits investment vehicles to issue partly paid units to foreign investors, addressing prior ambiguity and ...
Learn about TDS Return Form 27Q for non-salary income of non-residents, including due dates, penalties, and interest on late ...
Allahabad High Court quashed a Section 74 SCN derived from a Section 73 SCN, ruling it lacked jurisdiction without specific ...
Learn how to set up a charitable trust in India in 2025. This guide covers trust registration, deed drafting, documentation, ...
ITAT Ahmedabad deletes arbitrary disallowances under Section 40A(2)(b), emphasizing AO's burden to prove excessiveness in related party ...
ITAT Mumbai held that all the conditions of slump sale as provided under section 2(42C) of the Income Tax Act read with section 50B of the Act is satisfied. Accordingly, benefit of section 50B granted ...
Madras High Court held that in terms of section 129(2)(c) of Sabka Viswas (Legacy Dispute Resolution) Scheme, 2019 [SVLDRS], department empowered to withdrawn the benefit as in case of ‘voluntary ...
ITAT Mumbai quashes reassessment notices for Rising Star Investment for AY 2017-18, citing jurisdictional defects and lack of proper sanction. Also deletes Section 56(2)(viia) addition based on DVO ...
EPFO increases the auto-settlement limit for advance claims to ₹5 lakhs, enabling faster access to funds for members across various claim ...