AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has released its Weekly Statistical Supplement, providing insights into liabilities and assets for the periods ending June 12 and June 19, 2026. Notable changes in loans and advances to state governments are highlighted.
The Pune ITAT declined to condone a significant delay in appealing a Section 12AB rejection citing insufficient justification.
This ruling affirms that minor typographical errors in tax audit reports cannot invalidate PF deductions.
The ITAT found that mortgages do not automatically invoke taxation under Section 56(2)(x) if solely for registration purposes.
The ITAT ruled that an old Section 12A certificate loss does not justify denial of Section 12AB registration.
Approval granted to the University of Hyderabad for scientific research tax benefits for 2026-27 to 2030-31.
The Central Board of Direct Taxes (CBDT) has approved recognition for public health research for tax benefits from 2026-27 to 2030-31.
This informative piece outlines the necessary steps for senior citizens to file Income Tax Returns (ITR), including exemptions and common pitfalls.
This article provides insights on who can apply for advance rulings, the related fees, and the transition from the AAR to the Board for Advance Rulings under the Income-tax Act.
The Ministry of Corporate Affairs (MCA) launched a 12-month blended learning course aimed at assisting MSMEs with compliance needs. The initiative is a collaboration with prestigious institutions including ICAI and IIT Madras.
The RBI has issued a ₹1 lakh penalty on Modern Co-operative Bank for violations related to exposure norms and KYC regulations.
The RBI has imposed a penalty on Nabapalli Cooperative Bank for failing to comply with KYC regulations.
The RBI Governor met with export organization leaders to discuss industry challenges affecting exports in India.