Supreme Court ruled that the Chief Justice’s office falls under the RTI Act, affirming transparency while safeguarding judicial independence and privacy ...

RBI's draft lending framework for NBFCs expands the 'related party' definition and mandates Board approvals, recusal, and transparent policies for intra-group ...

The CBI registered a case against a Jaipur CGST Assistant Commissioner for amassing ₹2.54 Cr in assets, 100% disproportionate to income, leading to searches and ...

MCA has confirmed that extension of annual filing timelines till 31st December 2025 does not extend statutory deadline for holding AGMs under Companies Act, 2013. Companies missing AGM timelines ...

A taxpayer lost all deductions for AY 2024–25 as late ITR e-verification made her return belated, forcing her into the new tax regime. Timely verification is now ...

Relying on the Schneider Electric judgment of the Delhi High Court, the ITAT held that absence of a separate immunity order within one month does not justify penalty ...

ITAT Chennai ruled in favor of Lakshmiammal Progressive Educational Trust, deleting an addition of ₹31.6 lakhs after finding the receipts to be voluntary donations, not compulsory capitation ...

Gifts received from specified relatives are fully exempt from income tax under Section 56(2)(x). Learn the definition of 'relative' and mandatory ITR disclosure ...

Finance Ministry issues Fourth Amendment to CGST Rules 2025 introducing e-registration, new Rule 14A, and updated GST forms effective 1 November ...

SC held that liquidation of a company does not protect its director or personal guarantor from prosecution under Section 138 of Negotiable Instruments Act. Criminal liability remains independent of ...

Bombay High Court held that reassessment for AY 2016–17 was invalid as the sanction was not obtained from the competent authority mandated under Section 151(ii) of the Income-tax ...

Madras High Court ruled that correcting Aadhaar data is a fundamental right, directing UIDAI to ensure citizens can easily alter incorrect details and mandate decentralized update ...