The Tribunal held that additions based on presumptions without evidence cannot be sustained fully. It reduced the addition on unexplained cash deposits from 10% to 5%, granting relief to the ...

The government has notified Panoli in Gujarat as a customs area for import and export operations. The amendment expands logistics capabilities and strengthens regional trade infrastructure under the ...

Wood Pellet Export Shifted from Prohibited to Restricted Due to Policy Amendment & Wood Briquette Exports Restricted Despite Earlier Free Status: DGFT ...

The Court ruled that inability to understand a judicial order cannot justify prolonged delay in filing a petition. It reinforces that litigants must act within a reasonable time and provide valid ...

The study found that most MSME insolvency cases are resolved before admission, highlighting gaps in data and process efficiency. It recommends reforms to improve transparency, recovery, and early ...

ROC imposed penalty due to non-conduct of mandatory board meetings during FY 2019–20. The ruling confirms strict compliance ...

The Tribunal held that exemption cannot be denied merely because the purchase agreement was unregistered. Substantial payment and possession were considered sufficient for claiming ...

The ICAI postponed the CA Intermediate exams from 3rd May to 5th May 2026 citing unavoidable reasons. The revised schedule retains exam timings while shifting all Group I and II dates ...

The Tribunal held that different floors of the same building constitute one residential house. Deduction under Section 54 cannot be denied on the ground of structural ...

ICAI reduced CA Final exam attempts from three to two annually based on stakeholder feedback. The exams will now be held only in May and November starting ...

The court stayed FIR proceedings for non-payment of VAT dues due to significant delay in filing. It held that delayed criminal action weakens prosecution and cannot be sustained ...

The Tribunal held that where registration is delayed, the stamp duty value on the agreement date must be considered. The ruling applies the beneficial proviso to Section 50C ...