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Supreme Court Upholds Section 10B Exemption for New EOU in Landmark Ruling
Learn how the Supreme Court dismissed the Revenue's SLP and upheld the Bombay High Court ruling allowing Section 10B exemption for a new EOU.
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ITAT Hyderabad Invalidates Section 148 Notice Issued on 1 April 2021
ITAT Hyderabad quashes reassessment for AY 2016-17, ruling that a Section 148 notice issued on 1 April 2021 is invalid under the new tax regime.
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Telangana High Court Quashes Income Tax Reassessment Notices Issued After March 31 2021
The Telangana High Court has ruled that Section 148 income tax reassessment notices dispatched on or after April 1 2021 are time-barred and invalid.
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Karnataka High Court Rules Multiple Dishonoured Cheques Can Be Filed in Single Complaint
Learn about the Karnataka High Court ruling stating multiple dishonoured cheques from the same cause of action can be covered in one single legal complaint.
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Bombay High Court Upholds Section 10B Benefit and Section 14A Relief for EOU
Bombay High Court dismisses Revenue appeals, upholding Section 10B benefits for a 100% EOU and sustaining the deletion of Rule 8D disallowance.
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Gujarat High Court Protects SEZ Pre-Ordinance Lease from Stamp Duty
Gujarat HC rules that a 2003 SEZ lease is protected from stamp duty and registration fees under the 2002 policy promises. Read the legal analysis.
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Delhi High Court Sets Aside Section 148A(d) Order For Ignoring Assessee Reply
Delhi High Court invalidates a Section 148A(d) income tax order because the assessing officer failed to review the submitted reply, violating natural justice.
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FEMA NDI Third Amendment Rules 2026: Foreign Individual Investment Liberalised
Discover the FEMA NDI Third Amendment Rules 2026, widening foreign individual investments while strengthening ownership and border safeguards.
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Custom Duty Authority in Mumbai Classifies Nuts and Declines Areca Ruling
Learn about the latest custom duty classifications for roasted pistachios, almonds, and cashews by the authority in Mumbai.
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CAAR Delhi Declines Advance Ruling on Roasted Areca Nuts Classification
CAAR Delhi rejects Golden Enterprises' advance ruling application regarding roasted areca nuts, citing prior Madras High Court rulings.