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Income Tax

SC stays proceedings against TN Minister, wife in disproportionate assets case
Judiciary
SC stays proceedings against TN Minister, wife in disproportionate assets case

SC stays Madras HC order against TN Minister Durai Murugan & wife in ₹1.4 cr disproportionate assets case, seeks state response on sanction issue.

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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.

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

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.

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SC permits Ramlila at school playground in UP

SC allows Ramlila at UP school ground, noting 100-year tradition, but urges finding alternate sites to keep playgrounds free for students.

26 September, 2025 12:08 AM
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Delhi HC Allows Sameer Wankhede to Amend Jurisdiction; Defamation Suit Against Netflix & Red Chillies to Proceed

Delhi HC lets Sameer Wankhede amend jurisdiction in defamation suit against Netflix & Red Chillies, keeping case alive for further hearing.

26 September, 2025 08:02 PM
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Trending Judiciary
SC stays HC's order on composition of SIT formed to probe Tirupati parasadam row

SC stays Andhra Pradesh HC order on SIT composition in Tirupati prasadam row, clarifying CBI Director’s role in appointing investigation officer.

26 September, 2025 07:53 PM
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Trending Business
SC upholds resolution plan by JSW Steel for Bhushan Power & Steel Ltd [Read Judgment]

SC upholds JSW Steel’s ₹19,700 Cr resolution plan for Bhushan Power & Steel, rejecting ex-promoters’ plea and reinforcing IBC’s finality.

26 September, 2025 08:11 PM

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