Conclusion: Enterprises claiming deductions under Section 80IC were not required to obtain government approval if they operate in notified special zones. Section 80IC did not mandate an agreement or ...

Bombay High Court, in CIT-7 v. Nicholas Piramal (India) Ltd., dismissed the Revenue’s appeal challenging the deduction ...

Bombay High Court, in H.K. Jewels Private Limited & Anr. v. ADIT Investigation & Ors., addressed the legality of gold and jewellery seized at Bhubaneswar Airport on May 12, 2024. The petitioners ...

Subject: Pendency of 5,49,042 before Commissioner of Income-tax (Appeals) / National Faceless Appeal Centre- Request for an early disposal of appeals of which some are pending for disposal for more ...

Financial institutions rely on property valuations to assess the credit worthiness of borrowers offering property as collateral. Accurate valuations are crucial for mitigating risk in case of default, ...

Invitation for Stakeholders comments on draft Competition Commission of India (Conduct) Rules, 2025 The Competition Act, 2002 (hereinafter referred to as the said Act) was enacted in the year 2002, to ...

Insurance Regulatory and Development Authority of India (IRDAI) has issued a circular permitting life, general, and health insurers to engage in Bond Forwards for hedging interest rate risks. This ...

As per the DGFT user guide for ARR, If the total RoDTEP claim for a given IEC exceeds Rs. 1 crore in a financial year, filing ...

The Hon’ble Calcutta High Court took note of the fact that the Central and State authorities had passed orders on the same subject matter. Though the period could be different, the subject matter was ...

Assessment And Exemption of Income of University, Educational Institution, Hospital or Medical Institution ...

The Ministry of Finance has specified the “Ten Year Zero Coupon Bond of Power Finance Corporation Ltd.” as a zero coupon bond under clause (48) of section 2 of the Income-tax Act, 1961. The bond has a ...

1. The new framework for Rights Issue process has been introduced vide notification of SEBI (Issue of Capital and Disclosure Requirements) (Amendment) Regulations, 2025, with Gazette ID ...