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STATUTORY FILINGS
Companies Compliance Facilitation Scheme extended till September 15The Companies Compliance Facilitation Scheme has seen a two-week extension, allowing companies more time to fulfill their statutory filing ...- Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT MumbaiDuring an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and cal...
- Sony Music, Warner Chappell, others sue Anthropic over copyright infringementMusic publishers including Sony Music Publishing and Warner Chappell Music have sued Anthropic, alleging the AI company illegally used copy...
- Delhi Riots Case: Police tells High Court Umar Khalid, Sharjeel Imam cannot seek fresh bail yetThe Supreme Court had said that they would be at liberty to renew their bail pleas after the examination of the protected witnesses relied ...
- After 35-year pause, US may restart neighbourhood investigations for citizenship applicantsUS citizenship applicants could face closer scrutiny as USCIS ends its general waiver of neighbourhood investigations. The agency may exami...
- Tax notice in a deceased person's name? Don't ignore it; here's what legal heirs should doDid someone close to you leave behind unresolved tax responsibilities? Explore how heirs can address income tax notices, file overdue retur...
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says
- NCLAT upholds SFIO's power to seek disgorgement of assets in IL&FS-linked caseNCLAT has dismissed appeals by audit firm BSR & Associates LLP and former partner N Sampath Ganesh, upholding SFIO’s authority to pursue as...
- Shobha Karandlaje urges Governor to block Karnataka Parks Bill over 5% land-use provisionKarandlaje objected particularly to a provision allowing the state government, on the recommendation of a high-level committee, to alienate...
- Employees exercising their ESOPs should know how a recent ITAT ruling will determine whether the benefit is taxed as perquisite or capital gainsA recent ITAT decision clarified ESOP repurchase taxation. The tax tribunal ruled that repurchased options are capital assets, not perquisi...
- SC asks Centre to consider devising safeguards to ensure no misuse of EPFO, ITR dataThe Supreme Court finds private access to sensitive EPFO and ITR data worrisome. It urged the Centre to devise safeguards against potential...
- Trump’s H-1B fee bombshell: Why employers do not have to pay $103,265 yetThe US has proposed a $103,265 fee for new cap-subject H-1B petitions, but employers do not have to pay it yet. This explainer breaks down ...
- Consumer giants' forex earnings shine despite gobal woesLeading Indian manufacturers significantly increased exports in the last fiscal year. These companies collectively achieved net foreign exc...
- FBAR 2026: Have more than $10,000 in foreign accounts? This overlooked U.S. filing rule could cost you thousands if you miss Form 114A foreign bank account can create a major U.S. tax filing duty. The FBAR, or FinCEN Form 114, applies when qualifying foreign accounts exce...
- 1,292 Chakma voters objected to SIR in Arunachal Pradesh; CDFI seeks ECI observersThe Chakma Development Foundation of India has urged the Election Commission of India to intervene. They allege systematic targeting of ove...
- Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get tax refund with interestRs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders t...
- SC sets aside Rs 5 crore fine on Art of Living over 2016 Yamuna event; says no direct link to floodplain damageThe Supreme Court has overturned a Rs 5 crore environmental fine imposed on Vyakti Vikas Kendra. This organization is associated with the A...
- Plea in SC challenges Manan Kumar Mishra's decade-long tenure as BCI Chairman, seeks removalA Supreme Court petition challenges the Bar Council of India Chairman's prolonged tenure. The plea argues his decade-long leadership violat...
- US judge strikes down Trump policy suspending immigrant visas for 75 countriesA U.S. judge invalidated a Trump administration policy that suspended immigrant visas. This policy had targeted applicants from seventy-fiv...
- Pharma giant Cipla completes merger with wholly-owned subsidiary Inzpera Health SciencesPharmaceuticals giant Cipla announced its merger with Inzpera Healthsciences Limited on Wednesday. This consolidation aims for more efficie...
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