No Capital Gain Tax Payable By NRI On Mutual Fund Gains: ITAT [READ ORDER]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that no capital gain tax payable by Non-Resident...
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Historic: Tamil Nadu Enacts 10 Bills Without Governor’s Assent
Tamil Nadu Enacts 10 Bills Without Governor's Assent: In a first for India, the Tamil Nadu government has notified 10...
Direct Tax Weekly Flashback: 06 To 12 April 2025
The Direct Tax Weekly Flashback for the period from 06 to 12 April 2025 Supreme Court Supreme Court Order On AY...
Anticipatory Bail In Economic Offences Must Be Granted Sparingly: Supreme Court Quashes Bail In Adarsh Scam
The Supreme Court while quashing the anticipatory bail in Adarsh Scam held that the bail in economic offences must be...
Supreme Court Invalidates TN Governor’s Reservation of 10 Bills, Upholds Parliamentary Democracy
In a pivotal decision strengthening India's parliamentary democracy, the Supreme Court of India has set aside the Tamil...
MHA Appoints Narender Mann as Special Public Prosecutor for Tahawwur Rana’s 26/11 Trial
The Ministry of Home Affairs has appointed Advocate Narender Mann as the Special Public Prosecutor for the trial of...
Kerala High Court Condones Delay In Filing Audit Report
The Kerala High Court has condoned the delay in filing the audit report for the assessment year 2021-2022. The bench...
Tahawwur Rana Extradited to India, to Face Trial in 26/11 Mumbai Terror Case
In a landmark move toward justice in the 2008 Mumbai attacks, Tahawwur Hussain Rana is being extradited from the United...
Surcharge On Private Discretionary Trusts To Be Computed As Per Slab Rates Prescribed In Finance Act: ITAT
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that surcharge on private discretionary trusts to be...
Trump Hikes China Tariffs to 125%, Suspends Tariffs on Most Nations for 90 Days
President Donald Trump announced on April 9, 2025, a 90-day suspension of new tariffs for most nations, while escalating...
CBDT Exempts HUDCO Bonds From LTCG
The Central Board of Direct Taxes (CBDT) has notified that bonds issued by the Housing and Urban Development Corporation...
ITR-B For Block Search Assessment Return U/S.158BC(1)(a) of Income Tax Act: CBDT
The Central Board of Direct Taxes (CBDT) has notified the ITR-B For block search assessment return under section...
