ITAT Mumbai held that disallowance of claim of loss alleging participation in price rigging cannot be sustained since nothing ...

A guide to reporting Futures & Options (F&O) and intraday trading losses in ITR 3. Learn how to navigate forms and avoid ...

This summary explores how Artificial Intelligence can address current inefficiencies in India's legal system, detailing its ...

ITAT Hyderabad rules against the re-taxing of a gift, stating that revisiting the same facts to make a new addition is an impermissible change of ...

Addition under section 68 for Long-term capital gains (LTCG) from sale of shares allotted pursuant to a demerger scheme as bogus and alleged that price manipulation based on a report from the ...

Delhi High Court allows prosecution of Raj Kumar Kedia in a Rs. 700 crore accommodation entry scam, confirming the authority of the Principal Director (Inv.) to grant ...

The NCLT Kolkata ruled that a bank guarantee can be invoked during the Corporate Insolvency Resolution Process (CIRP) moratorium, citing the IBC's Section 14(3)(b) and key ...

Orissa High Court held that challenge against reversal of Input Tax Credit [ITC] under GST not entertained due to availability of alternative remedy to appeal before appellate authority under section ...

India's new Income Tax Bill, 2025, simplifies the tax system by creating a single 'Tax Year,' reducing litigation, and offering new benefits like refunds for late filings and tax relief for vacant ...

Kerala High Court allowed the writ petition inspite of availability of an alternate remedy since there is a violation of principles of natural justice. Thus, writ allowed and final order of NCLT set ...

Gauhati High Court held that Summary of SCN issued in Form GST DRC-01 doesn’t substitute proper SCN. Thus, mere issuance of summary of SCN is not valid SCN. Therefore, initiating proceedings solely ...

ITAT Ahmedabad rules that employer contributions to an annuity plan are not taxable for VRS retirees until the benefits are actually received, providing relief from double ...