RBI Press Release Dated 01/08/2025 – Withdrawal of Rs 2000 Denomination Banknotes Status
The Reserve Bank of India (RBI) had announced the withdrawal of Rs 2000 denomination banknotes from circulation vide Press Release […]
RBI, RBI Circulars
August 2025
Misc, Misc Judiciary
Misc SC Judgement Dated 14/07/2025 – Partners can be prosecuted under section 138 of NI Act without firm being arraigned as accused
Case of Dhanasingh Prabhu vs Chandrasekar, SC Judgement Dated 14th July 2025. The apex Court held that partners of the partnership firm
Misc, Misc Judiciary
Misc SC Judgement Dated 21/01/2025 – Arrest notices must be served in-person not by WhatsApp
Case of Satender Kumar Antil vs CBI, SC Judgement Dated 21st January 2025. The apex court has dismissed an application by the
Income Tax, Income Tax Notifications
Income Tax Notification 126/2025 Dated 28/07/2025 – CBDT amends Income Tax Rule 21AK expanding the scope of financial instruments and entities
The sub-rule 21AK(1)(b) now includes ‘over-the-counter derivatives’ along with ‘offshore derivative instruments, and extends applicability to Foreign Portfolio Investors (FPIs)
Income Tax, Income Tax Notifications
Income Tax Notification 127/2025 Dated 01/08/2025 – Exemptions to Haryana State Pollution Control Board
Haryana State Pollution Control Board, a Board constituted by the State Government of Haryana under the Water (Prevention and Control
Income Tax, Income Tax Notifications
Income Tax Notification 128/2025 Dated 01/08/2025 -Exemptions to All India Council for Technical Education, New Delhi
All India Council for Technical Education, New Delhi, a Council established by the Central Government, has been notified under section
Income Tax, Income Tax Notifications
Income Tax Notification 129/2025 Dated 01/08/2025 – Exemptions to West Bengal Municipal Development Fund Trust
West Bengal Municipal Development Fund Trust, a Trust constituted by the State Government of West Bengal, has been notified under
Income Tax, Income Tax Circulars
Income Tax Circular 10/2025 Dated 28/07/2025 – Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC
Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by CPC: CBDT has granted
Income Tax, Judiciary
Income Tax SC Judgement Dated 24/07/2025 – Hyatt international has PE in India hence income attributable is taxable in India
Case of Hyatt International Southwest Asia Ltd vs Addl Director of Income tax, SC Judgement dated 24th July 2025. The apex court