Learn why returning NRIs must file the FA Schedule, what assets to report, and how compliance protects against penalties under Indian tax ...

Understand how Section 160 allows non-retiring individuals to contest for directorship, promoting transparency and fresh leadership in corporate ...

Learn how the Digital Personal Data Protection Act, 2023, and Rules, 2025 regulate personal data collection, processing, and security, ensuring individual privacy and ...

ITAT Lucknow restored the reassessment u/s 147 after holding that CIT(A) misread the AO’s findings and wrongly assumed verification of books and cash deposits. The Tribunal found the appellate order ...

Tribunal condoned a 938-day delay after finding that the appeal was incorrectly dismissed as withdrawn under VSVS. The case was remanded to the CIT(A) for a fresh decision on the additions made under ...

Explains how Section 113 mandates surcharge on undisclosed income despite missing references in earlier Finance Acts. Clarifies legislative intent to tax high-income ...

The Tribunal held that even extraordinary circumstances like COVID-19 do not justify appeals filed after limitation expiry.

ITAT restored Rs. 20 Cr in unsecured loans, interest, and squared-up loans for fresh verification, noting CIT(A) erred by ...

The Tribunal held that section 54 relief cannot be denied merely because the new property was purchased in the spouse’s name.

The Court held that the appellate authority set aside a refund without proper scrutiny or reasoning. The matter was remanded ...

The circular removes certain statutory lending restrictions for foreign bank IBUs while imposing stricter safeguards for ...

The Court held that Section 44AF, as a special provision, overrides the requirements of Section 139(9). It ruled that ...