The appellate authority held that underground natural gas pipelines are immovable property. ITC on goods and works contract ...

A tax bar body has sought reduction of GSTAT appeal and application fees, citing affordability concerns. The key takeaway is ...

The case addressed overlapping taxation of seized cash and disclosed unaccounted profits. The final ruling emphasized substance over form and deleted the addition by extending telescoping benefits to ...

Finished umbrella imports are now restricted unless the CIF value is ₹100 or above per piece. Export-linked units such as EOUs and SEZs remain exempt from the MIP ...

The regulator proposes lowering the Z-Score used in historical stress testing from 10 to 5 for commodity derivatives. The move aims to balance robust risk management with realistic market scenarios ...

The filing timeline for Annual RoDTEP Returns has been extended to 31 March 2026. Exporters must pay a ₹15,000 composition fee to avail the extended window and retain ...

SEBI has suggested allowing AIFs to retain funds beyond scheme tenure where liquidation is delayed by litigation or tax demands. The proposal aims to reduce compliance burden while ensuring investor ...

The regulator has standardized margin treatment by denying expiry-day calendar spread benefits for single stocks. This provides time for clients to arrange margins or close ...

SEBI has mandated additional safeguards in the depository pledge framework. The new rules ensure reasonable notice to pledgers and greater transparency during pledge ...

Since the reassessment itself was quashed, the addition treating long-term capital gains as unexplained cash credit under ...

ITAT Cuttack held that reassessment proceedings fail when no addition is made on the very reasons recorded for reopening. If ...

The dispute involved additions made despite small variations between agreement value and stamp duty value. The Tribunal ruled ...