Trump Slaps 27% Reciprocal Tariff on India, Calls Modi a ‘Great Friend’
In a significant trade move, US President Donald Trump has announced a 27% reciprocal tariff on Indian imports, calling out India's high import duties...
PIL In Allahabad High Court Seeks to Halt Oath Ceremony of Justice Yashwant Varma Amid Cash Stash Probe
A Public Interest Litigation (PIL) has been filed before the Lucknow bench of the Allahabad High Court, requesting that the Chief Justice of the...
Delhi High Court Directs Issuance of Nil Withholding Tax Certificate to Lufthansa Cargo
The Delhi High Court has directed the issuance of nil withholding tax certificate to Lufthansa Cargo.The bench of Justice Vibhu Bakhru and Justice Tejas...
‘Debt Forgiveness’ Can’t Be Taxes As Business Income: ITAT
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has held that the debt forgiveness cannot be taxed as business income under Section 28(iv)...
Technical Glitch: CBDT Waives Interest On Late TDS/TCS Payments
The Central Board of Direct Taxes (CBDT) has notified the waiver of interest on late payments of tax deducted at source (TDS) or tax...
Know All Changes In TDS Provisions Effective from 1st April 2025
The Income Tax Department has announced significant changes in the Tax Deducted at Source (TDS) provisions, set to take effect from April 1, 2025....
Kapil Dev Exempted From Income Tax On Rs. 1.5 Crore Granted By BCCI: ITAT
The Income Tax Appellate Tribunal (ITAT) has exempted Kapil Dev from income tax on Rs. 1.5 Crore granted by Board of Control for Cricket...
‘Reasonable Doubt’ in Criminal Cases Must Be Assessed by Standards of Strong-Minded and Courageous Individuals: Supreme Court Quashes FIR Against Congress MP Imran Pratapgarhi
The Supreme Court while quashing the First Information Report (FIR) against Congress MP Imran Pratapgarhi held that 'Reasonable Doubt' in criminal cases must be...