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Income Tax

Delhi ITAT Grants Relief of ₹166 Crores to PolicyBazaar, Accepts DCF-Based Share Valuation [Read Order]
Executive
Delhi ITAT Grants Relief of ₹166 Crores to PolicyBazaar, Accepts DCF-Based Share Valuation [Read Order]

Adv Upvan Gupta secures ₹166 crore relief for PolicyBazaar in a landmark ITAT judgment, upholding DCF-based share valuation and ‘venture capital undertaking’ status.

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SC declines to hear PIL for declaring TDS as arbitrary, irrational; suggests High Court as recourse Judiciary
SC declines to hear PIL for declaring TDS as arbitrary, irrational; suggests High Court as recourse

SC declines PIL challenging TDS as arbitrary, urging petitioner to approach HC; claims TDS system causes undue hardship and violates constitutional rights.

Pending probe, sanction not sufficient for sealed cover procedure in promotion for govt servants: SC [Read Judgment] Judiciary
Pending probe, sanction not sufficient for sealed cover procedure in promotion for govt servants: SC [Read Judgment]

SC: Mere pending probe and prosecution sanction insufficient for sealed cover procedure in govt promotions; disciplinary action starts with charge memo or sheet.

Benefit enjoyed by bank staff in form of interest free loans taxable as perquisites: SC [Read Judgment] Judiciary
Benefit enjoyed by bank staff in form of interest free loans taxable as perquisites: SC [Read Judgment]

Supreme Court rules bank staff's interest-free loans taxable as perquisites under Income Tax Act, upholding validity of Section 17(2)(viii).

I-T authorities not to take coercive action against Congress on Tax demand, SC told Judiciary
I-T authorities not to take coercive action against Congress on Tax demand, SC told

Income Tax authorities inform Supreme Court they won't take coercive action against Congress for Rs 3,500 Cr tax demand till July due to elections.

TDS not to be deducted by Tele cos for selling discounted pre-paid SIM cards to distributors: SC [Read Judgment]

SC rules telecoms like Bharti Airtel not liable for TDS on discounted SIM sales to distributors, overturning prior high court judgments.

Karnataka HC dismisses plea by Kerala CM daughters company against SFIO investigation

The Karnataka High Court on Friday dismissed a petition filed by Kerala CMs daughters company - Exalogic Solutions Pvt. Ltd.

TRENDING NEWS

delhi-hc-grants-injunction-to-astrologer-trishla-chaturvedi-orders-removal-of-defamatory-videos-against-trishla-maa
Trending Judiciary
Delhi HC Grants Injunction to Astrologer Trishla Chaturvedi, Orders Removal of Defamatory Videos Against ‘Trishla Maa’ [Read Order]

Delhi HC grants injunction to astrologer Trishla Chaturvedi, orders removal of defamatory videos and restrains further posts against her.

05 September, 2025 12:02 PM
revolutionizing-dispute-resolution-the-transformative-impact-of-artificial-intelligence-on-arbitration
Trending Executive
Revolutionizing Dispute Resolution: The Transformative Impact of Artificial Intelligence on Arbitration

Will AI transform arbitration by automating tasks, predicting outcomes, and reshaping dispute resolution globally?

05 September, 2025 06:32 PM
delhi-itat-clears-37-cr-demonetization-cash-deposits-of-jeweller-dismisses-revenues-appeal
Trending Executive
Delhi ITAT Clears ₹3.7 Cr Demonetization Cash Deposits of Jeweller, Dismisses Revenue’s Appeal [Read Order]

Delhi ITAT upholds jeweller’s ₹3.7 cr demonetization cash deposits, ruling them genuine sales; dismisses Revenue’s appeal under Sec 68.

05 September, 2025 11:45 AM
witness-protection-scheme-has-nothing-to-do-with-plea-for-cancelling-bail-sc
Trending Judiciary
'Witness protection scheme has nothing to do with plea for cancelling bail,' SC takes exception to practice in Alld HC [Read Order]

SC slams Allahabad HC for treating witness protection as substitute for bail cancellation; says both remedies are distinct and cannot be interchanged.

05 September, 2025 05:56 PM

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