The ITAT Bangalore held that cash deposits could not be treated as unexplained where they were sourced from earlier withdrawals from the same bank account. It ruled that, in the absence of evidence ...

Bangalore ITAT held that BSNL employees who received retrenchment compensation under the 2019 VRS were entitled to exemption under Section 10(10B) and full leave encashment exemption under Section ...

Bangalore ITAT deleted the addition under Section 69A after holding that the assessee had satisfactorily explained the source of cash deposits with supporting documents and the Assessing Officer ...

SEBI has introduced a lighter NISM certification for Persons Associated with Investment Advice who perform only sales and other non-core services. Core investment advisory personnel must continue to ...

The Supreme Court ruled that requiring employers to purchase shares from the market instead of issuing ESOP shares ignores commercial realities. Finding no substantial question of law, it dismissed ...

The Supreme Court set aside High Court judgments quashing reassessment notices after noting that the Finance Act, 2026 introduced clarificatory amendments affecting the competence of Assessing ...

The SC declined to interfere with the Delhi High Court ruling after the Revenue acknowledged dismissal of similar SLPs. The High Court held that Section 153C proceedings cannot continue where the ...

The Punjab and Haryana High Court held that a GST order passed without considering the taxpayer’s reply or assigning reasons is a non-speaking order violating natural justice. The Court quashed the ...

The Supreme Court observed that conflicting judicial decisions on identical issues create legal uncertainty and erode public confidence. It emphasized that both courts and advocates share ...

SEBI has proposed a unified advertisement framework replacing multiple entity-specific codes with a Common Advertisement Code. The proposal aims to reduce compliance burden while strengthening ...

The NCLAT allowed the Extraordinary General Meeting (EOGM) to proceed but directed that any resolution passed at the meeting should not be implemented until the NCLT decides the pending company ...

The Supreme Court observed that inadequate infrastructure in court complexes affects the dignity and professional participation of women advocates. It also endorsed consideration of a Young Lawyers' ...