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Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court 

The Supreme Court has held that assets belonging to subsidiary companies cannot be treated...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...
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India, Pakistan Agree to US-Mediated Ceasefire Following Overnight Talks

India and Pakistan have agreed to a US-brokered ceasefire following intensive overnight negotiations, officials...

Indians Boosted Turkey and Azerbaijan’s Tourism — Now They’re Openly Supporting Pakistan in Indo-Pak Conflict

In 2024 alone, over 2.75 lakh Indians flocked to Turkey and another 2.5 lakh...

India’s Reaction to Pakistan’s Surrender in 1971 War

On December 16, 1971, the Indo-Pakistani War of 1971 culminated in one of the...

India Bans Maritime Port Access to Pakistani Ships Under Merchant Shipping Act [READ OFFICIAL NOTIFICATION]

The Directorate General of Shipping (DGS), Mumbai, has issued a formal order prohibiting Pakistani...

DRI Officer Among Eight Arrested; Punjab Police Bust Pakistan-Backed Drug Cartel

In a major crackdown on drug smuggling, the Punjab Police has successfully dismantled a...

Customs Dept. Failed To Prove Dry Dates Were Of Pakistan Origin, Not From UAE: CESTAT Quashes Penalty Imposed On Indian Importer

The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed...

Latest articles

Subsidiary Assets Can’t Be Treated as Corporate Debtor’s Assets Under IBC: Supreme Court 

The Supreme Court has held that assets belonging to subsidiary companies cannot be treated...

Reliance Trust, ISKCON, Hinduja Hospital & Breach Candy Move ITAT Against S. 12AB Cancellation Over ‘Commercial Activity’ Allegations

A major charitable trust operating a leading hospital in Mumbai, along with organisations such...

ITAT Deletes Global Income Addition After Holding No Basis for POEM in India Despite CIT(A)’s Own Findings

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has set aside the addition of...

Income Tax Prosecution Quashed: Madras HC Holds Complaint Without Jurisdiction & Prior Assessment Is Abuse of Process

The Madras High Court has quashed criminal proceedings initiated against an assessee for alleged...