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2025 JUDICIAL STATISTICS
Pan masala and Bidi trader with Rs 5 crore turnover gets tax notice for unexplained cash credit, wins relief at ITAT Surat; here's whyA wholesale trader of Pan Masala and Bidi secured a significant victory at the ITAT Surat. The tribunal deleted an addition of Rs 12.29 lak...
From startup grit to investor gold: Mumbai hosts grand finale of ET Soonicorns Summit 2025 Sundowner seriesThe ET Soonicorns Summit Sundowner series concluded its vibrant 2025 journey in Mumbai on October 29, celebrating India’s burgeoning startu...
Homebuyer claims Section 80C tax deduction for home loan repayment, tax dept challenges it — ITAT Panaji rules in his favourA Goan homebuyer successfully challenged the tax department's denial of his Section 80C deduction for home loan repayment. The ITAT Panaji ...
Father and son jointly sell ancestral land for Rs 13 crore; father gets tax notice; they file appeal in ITAT Pune and win caseA father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT Pune ruled in ...
Extend ITR Filing last date to October 15, demands ATBA due to tech issues and glitches with ITR portal like errors in validation, slow uploadsITR Filing Due Date: Several organizations, including the Karnataka State Chartered Accountants Association (KSCAA), ICAI, and Advocates Ta...
No income tax for lady who sold land for Rs 4.5 crore; Know how a 1955 circular and established case laws saved the day for herSeema S sold property in Patna. She incorrectly claimed Section 54 for LTCG tax exemption. The tax officer rejected her claim. Seema appeal...
India’s private capex likely grew by 66% from FY22 to FY25Private sector capital expenditure is projected to surge by 66.3% to Rs 6.6 lakh crore in FY25, marking a peak between FY22 and FY26. While...
Only 15 judges per million population in the country: 2025 India Justice ReportA 2025 report reveals India's judicial system faces critical challenges, with only 15 judges per million people, far below the Law Commissi...
Backlog of POCSO cases in Maharashtra surges to nearly 42,000 amidst lack of dedicated special courtsMaharashtra faces a growing crisis with over 42,000 pending POCSO cases due to insufficient dedicated courts. Despite 30 sanctioned special...
Section 87A tax rebate on STCG income allowed by CIT (Appeals); Know how this legal battle was wonSection 87A: Tax rebate under Section 87A was not given on special rate income like STCG since July 5, 2024. Many taxpayers who could claim...
Budget 2025: Settlement scheme like Vivad Se Vishwas needed to clear high backlog of legal tax disputes, say expertsBudget 2025: Schemes like Vivad Se Vishwas need to continue to clear huge legal backlog. Further rationalisation measures for income tax as...
Post-pandemic stimulus well managed by India: StudyRBI study reveals minimal impact of post pandemic fiscal stimulus on Indian inflation compared to major economies. Empirical analysis shows...
Playing with billions of dollars: What hosting the Olympics will mean for IndiaPrime Minister Narendra Modi has confirmed India’s bid for the 2036 Olympics while inaugurating the 141st International Olympic Committee (...
We should make India the go-to place for global business: Indian CEOsThe Covid pandemic and Ukraine conflict have highlighted the impact of geopolitics on global economy. Business leaders at theET CEO Roundta...
Budget 2011-2012: Speech of Pranab Mukherjee, Minister of FinanceOur growth in 2010-11 has been swift and broad-based. The economy is back to its pre-crisis growth trajectory.
- Credit Policy 2004: Full text
Statement by Y Venugopal Reddy, Governor, Reserve Bank of India on Mid-term Review of Annual Policy for the year 2004-05.