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Retired partner liable if retirement not notified to authority | HC
Case Details:Harvinder Singh vs. State of Punjab - [2025] 176 taxmann.com 812 (Punjab & Haryana) Judiciary and Counsel Details Mrs. Lisa Gill and Mrs. Sudeepti Sharma, JJ. Amit Gupta, Adv. for the Petitioner. Saurabh Kapoor, Addl. AG for the Respondent. Fact of the Case The petitioner, in a matter placed before the High Court, was issued a notice following […]
Twentieth Amendment Rules 2025
Publish Date : Monday, July 28, 2025 source
ITAT nullifies assessment for lack of AO’s jurisdiction
Case Details: Vishan Gunna vs. ACIT - [2025] 176 taxmann.com 959 (Delhi - Trib.) Judiciary and Counsel Details ANUBHAV SHARMA, Judicial Member and Manish Agarwal, Accountant Member R. Mohan Kumar, Adv. for the Appellant. Abhishek Sharma, CIT DR for the Respondent. Fact of the Case The assessee was a non-resident Indian residing in the USA, having a […]
Invalid Land Transfer Doesn’t Void Entire Assignment | NCLAT
Case Details:Saurabh Jhunjhunwala v. Pegasus Assets Reconstruction Company (P.) Ltd. - [2025] 176 taxmann.com 739 (NCLAT- New Delhi) Judiciary and Counsel Details Justice Ashok Bhushan, Chairperson and Barun Mitra, Technical Member Krishnendu Datta, Abhijit Sinha, Sr. Advs., Ms. Aditi Sharma and Kaushik Banerjee, Advs. for the Appellant. Amar Dave, Sr. Adv., Dinkar Singh, Rohit Singh, Gaurav H. Sethi, Bijay Murmuria, Rahul Kapoor, Vipin Jai, Monish Surendran, Rahul Panwar and Vipul […]
SC Dismisses SLP on Negative Blocking of ECL, Cites K.J. International
Case Details: Deputy Director v. Ramesh Kumar Yadav - [2025] 176 taxmann.com 786 (SC) Judiciary and Counsel Details Rajesh Bindal and R. Mahadevan, JJ. Rupesh Kumar, Sr. Adv., Manoj Kumar, Adv. and Gurmeet Singh Makker, AOR for the Petitioner. Rajat Mittal, AOR and Tarang Goyal, Adv. for the Respondent Fact of the Case The Petitioner challenged the negative blocking of […]
HC | Sec 74 Proceedings Valid Despite Sec 61 Proceedings Being Dropped
Case Details: Amit Agarwal vs. Assistant Commissioner, CGST & CX - [2025] 176 taxmann.com 942 (Calcutta) Judiciary and Counsel Details Raja Basu Chowdhury, J. Vinay Shraff, Dev Agarwal and Ms. S. Poddar for the Petitioner. Vipul Kundalia, Sr. Adv., Tapan Bhanja and Anindya Kanan for the Respondent. Fact of the Case The petitioner, a registered person under the CGST Act, was […]
SEBI Proposes Eased IPO Norms under ICDR Regulations
Consultation Papers Dated 31.07.2025 SEBI Proposes Key Amendments to ICDR Regulations for IPO Reforms The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing significant amendments to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The aim is to enhance ease of doing business and address various practical challenges […]
ITAT | Derivative Gains of Mauritius Resident Not Taxable in India
Image Case Details: 3 Sigma Global Fund vs. ACIT, International - [2025] 176 taxmann.com 708 (Mumbai - Trib.) Judiciary and Counsel Details Ms. Padmavathy S., Accountant Member and Raj Kumar Chauhan, Judicial Member Bhaumik Goda, AR for the Appellant. Krishna Kumar, Sr. DR for the Respondent. Fact of the Case The assessee, a company incorporated in Mauritius, […]
HC | AIFs Can’t Name Investors in Trust Deed Due to SEBI Norms
Case Details: Equity Intelligence Aif Trust vs. Central Board of Direct Taxes - [2025] 176 taxmann.com 903 (Delhi) Judiciary and Counsel Details GDEVENDER KUMAR UPADHYAY, CJ. and TUSHAR RAO GEDELA, J. S. Ganesh, Ms. Kavita Jha, Sr. Advs., Vaibhav and Himanshu Aggarwal, Advs. for the Petitioner. Puneet Rai, Sr. Standing Counsel, Ashvini Kumar and Rishabh Nangia, Advs. for the Respondent. Fact of the Case […]
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