Anticipatory bail was denied to the accused involved in Rs. 425 crore GST fake billing case as there was necessity of custodial interrogation to unearth the full extent of the fraudulent network and ...

Punjab and Haryana High Court held that freezing of bank account by Enforcement Directorate [ED] without following procedure prescribed under section 17(1-A) of the Prevention of Money Laundering Act ...

Delhi High Court held that consideration for the resale/use of computer software through EULAs/distribution agreement is not Royalty for the use of copyright of the computer software and hence doesn’t ...

CBDT notifies new perquisite rules under Section 17(2); salary limit ₹4 lakh and gross total income limit ₹8 lakh for claiming ...

CBDT has granted income tax exemption to Tamil Nadu Electricity Regulatory Commission for specific income types, effective from FY ...

The Ministry of Finance has temporarily exempted cotton imports from customs duty and AIDC. The exemption, effective from August 19 to September 30, 2025, is aimed at public ...

The Ministry of Finance has extended the anti-dumping duty on Toluene Di-isocyanate (TDI) imports from the EU and Saudi Arabia until March 1, ...

CESTAT Hyderabad held that section 17(4) of the Customs Act is not made for reopening or reviewing any issued final assessment order. Thus, adjudicating authority not empowered to review his final ...

The CBIC Chairman's August 2025 newsletter discusses upcoming GST reforms, the board's top ranking in grievance redressal, and a recent tax evasion case involving subsidized ...

The Ministry of Finance extends the anti-dumping duty on Fluoroelastomers (FKM) from China until February 26, 2026, following a review initiated in June ...

1. Short title and commencement. – (1) These rules may be called the Companies (Indian Accounting Standards) Second Amendment Rules, 2025. (2) They shall come into force on the date of their ...

ITAT Ahmedabad held that addition under section 69A towards unexplained cash deposit cannot be sustained since it is reasonably explained that deposit is out of its business proceeds. Accordingly, ...