The dispute concerned an interim restraint on enforcement under Section 14 of SARFAESI. The Appellate Tribunal declined to ...

The Supreme Court held that bail was wrongly granted without considering medical and eyewitness evidence. The ruling underscores that serious offences require careful judicial scrutiny before granting ...

Learn how Section 87A rebate works with LTCG u/s 112A under the new tax regime for FY 2025–26. Eligibility, limits, and tax calculation explained ...

Explains how the new tax regime under Section 115BAC impacts higher-income salaried taxpayers, analysing the 25% slab, loss of deductions, marginal tax effect, and whether salary hikes still lead to ...

The ruling clarified that increased expenditure in one year, by itself, does not permit partial disallowance. The Assessing Officer must demonstrate lack of business purpose or ...

The High Court held that quick repayment alone cannot establish a paper transaction when identity, creditworthiness, and genuineness are proved through ...

The issue concerned taxation of alleged on-money from sale of land. The Tribunal held that once the land was agricultural and outside section 2(14), capital gains and on-money additions could not ...

The Tribunal remanded the case after finding that the addition was made solely on Investigation Wing inputs without proper verification or disclosure of details to the ...

The Appellate Tribunal held that delay can be condoned without a formal application if sufficient cause is evident from the record, allowing insolvency proceedings to continue on ...

The decision clarifies that the statutory suspension under Section 10A applies only to corporate debtors and does not prevent insolvency proceedings against personal ...

The Tribunal held that adverse regulatory findings alone cannot justify tax additions when client code modification trades ...

Explains the CBDT notification granting section 10(46) exemption to a district legal services authority and the categories of income ...