RBI has introduced a facility for the Separate Trading of Registered Interest and Principal of Securities (STRIPS) for State Government […]
It permits Authorised Dealer Category-I banks to allow importers to make advance remittances for shipping vessel imports. The key change
Case of Mahnoor Fatima Imran vs Visweswara Infrastructure Pvt Ltd, SC Judgement Dated 7th may 2025. The apex court held that If
Case of Shanti Bhushan vs CIT, SC Judgement Dated 8th May 2025. A prolonged legal battle initiated by eminent late lawyer Shanti
Greater Noida Industrial Development Authority, an authority constituted under the U.P. Industrial Area Development Act, 1976 has been notified under section
The Central Government specifies the Ten year Zero Coupon Bond of NABARD as zero coupon bond under section 2(48) Income Tax Act. The duration of the bond is
The guidelines specify the parameters and procedures for selection of cases. Returns will be compulsorily scrutinized in cases involving surveys
Using its powers under Section 119(2)(a), the Board has relaxed the time limit specified in Section 143(1), allowing valid ITRs,
The Income Tax has released user manual titled ‘Filing of ITR after Condonation of Delay’. It guides taxpayers who, due to
Case of Shital Fibres Limited vs CIT, SC Judgement Dated 20th May 2025. The apex Court held that if a deduction of
