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IT ACT SECTION 69A
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitrationThe Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier order...- Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...
- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
- Congress moves ECI against rejection of Meenakshi Natarajan's Rajya Sabha papersA Congress delegation urged the Election Commission to reinstate Rajya Sabha nominee Meenakshi Natarajan's nomination. The party argued the...
- Delhi HC seeks Police stand on bail plea by ex-councillor Tahir Hussain in riots caseThe Delhi High Court is reviewing former AAP councillor Tahir Hussain's bail plea in a 2020 Delhi riots case. Hussain seeks relief after a ...
- Delhi court directs confiscated PACL assets be used for investor repaymentA Special Court has ordered the confiscation of properties belonging to PACL Limited. These assets will now be handed over to the Justice R...
- Govt employee missing for over 7 years; son denied compassionate job, loses case in HC for this reasonA son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana H...
- AI world vastly different from IT Act era, believe new law is needed: Union minister VaishnawIndia's IT Minister Ashwini Vaishnaw believes a new law is needed for Artificial Intelligence. The current IT Act, enacted in 2000, predate...
- Patna Court stays Khan Sir's arrest in connection with Khan Global Studies institute firing caseIn a significant development, the Patna District Court has issued a stay on the arrest of Khan Sir, a prominent educator, following a shoot...
- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
- Fire safety audit conducted at Khan Global Coaching Centre in Bihar amid ongoing police investigationAuthorities audited Khan Global Studies Institute after a violent clash. Police registered a case and are investigating aerial firing by se...
- July rollout of India, US trade interim pact likely as two move to seal 'vibrant’ 1st phase: Piyush GoyalIndia and the United States are close to finalizing an interim trade agreement. The first phase of this pact is anticipated to be executed ...
- UK Renters Right Act: Landlords can’t use rent increase clause as an indirect means to evict tenants; Here’s the new process of increasing rentBig news for UK renters. From May 1, 2026, landlords can no longer use rent review clauses to hike rents. They must now follow a specific l...
- What is Section 301? Trump’s new tariff sword to hurt India and other partners?US and Indian trade officials are in New Delhi for crucial talks. They aim to finalize an interim trade pact before a key tariff deadline. ...
- US India trade relations: USTR reveals Section 301 findings, proposes 12.5% additional tariffs on imports from New Delhi & othersUS tariffs on India: The US Trade Representative has initiated a significant proposal for additional tariffs targeting India and 53 other n...
- Trump administration proposes 25% tariff to punish Brazil over trade practicesThe United States is proposing a 25% tariff on many imports from Brazil. This action follows an investigation into unfair trade practices. ...
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- CBDT tells tax officers to tighten scrutiny of unexplained income, assetsThe Central Board of Direct Taxes has directed tax officers to be more careful and consistent when using rules against hidden income and as...
- CCPA imposes Rs 7 lakh penalty for misleading claims relating to UPSC civil services examination resultsThe Central Consumer Protection Authority has fined Vajiram and Ravi IAS Study Centre Rs 7 lakh. The coaching institute published misleadin...
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