CBDT amends Income-tax Rules 1962. This change, effective August 21, 2025, revises Rule 21AIA, omitting sub-rule (4) and redefining specified fund for ...

The Ministry of Finance has exempted the Kanpur Development Authority from income tax under Section 10(46A) of the Income-tax Act, 1961, effective from AY ...

The Ministry of Finance has exempted specific income of the Karnataka Building and Other Construction Worker Welfare Board from income tax for the years 2026-2031 subject to certain ...

SEBI has issued a consultation paper on introducing a Closing Auction Session (CAS) for equities to reduce volatility and align with global ...

The Indian government has amended the Minimum Export Price (MEP) for natural honey, lowering it from US2000toUS1400 per metric ...

Investigation findings are not binding on GST adjudicating authority, and to be decided through proper adjudication: Madhya Pradesh High ...

The ITAT Bangalore has deleted a ₹27 lakh addition to a wife's income, ruling it was double taxation as her husband had ...

NCLT Kolkata held that the Corporate Debtor, Shomuk Consultancy Services Private Limited, is ordered to be liquidated in ...

NCLT Mumbai held that resolution plan of Corporate Debtor [Shivom Investment and Consultancy Limited] as submitted by ...

The Chhattisgarh High Court rules that a wife taunting her unemployed husband and making unreasonable demands is mental ...

No recovery of outstanding GST ( Goods and Services Tax ) demand could be made once a taxpayer deposited the statutory ...

The Mumbai ITAT quashed a penalty under section 271(1)(c) against Ideal Energy Projects, citing that merely claiming a deduction is not furnishing inaccurate ...