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Cash Deposit in Another’s Account Held Benami | ITAT
Case Details: Om Samriddhi Banquet & Hospitality LLP vs. Initiating Officer, ACIT Benami Prohibition Unit, Mumbai - [2025] 177 taxmann.com 435 (SAFEMA - New Delhi) Judiciary and Counsel Details G.C. Mishra & Rajesh Malhotra, Member Misha Rohatgi Mohta, Bharat Monga & Dhananjay S. , Advs. for the Appellant Manmeet Singh Arora, SPP for the Respondent Facts of […]
SEBI Issues Draft Circular To Revise Block Deal Framework
Consultation Paper Dated 22.08.2025 1. SEBI Issues Draft Circular on Block Deal Framework The Securities and Exchange Board of India (SEBI) has released a draft circular seeking public comments on the proposed review of the block deal framework. Stakeholders can submit their feedback by September 15, 2025. The draft aims to bring greater transparency, efficiency, […]
Business Combination Under Common Control in Ind AS
1. Background of the Restructuring The corporate group undertook an internal restructuring with the objective of improving operational efficiency and achieving strategic consolidation within its business verticals. The group had two subsidiaries: one engaged in both telecom and broadband services, and the other engaged exclusively in broadband services. To streamline operations and avoid duplication, the […]
Income-tax (Twenty-Fourth Amendment) Rules, 2025
Publish Date : Thursday, August 21, 2025 source
RBI Releases Paper on Flexible Inflation Targeting Review
Press Release: 2025-2026/951; Dated: 21.08.2025 1. RBI Releases Discussion Paper on Inflation Targeting The Reserve Bank of India (RBI) has published a Discussion Paper on the review of the flexible inflation targeting (FIT) framework, as mandated under the RBI Act, 1934. This move is part of the statutory requirement for a periodic review of India’s […]
No Additions Based On Unsigned and Undated Documents | ITAT
Case Details: Assistant Commissioner of Income-tax (Central) v. Chhattisgarh Distilleries Ltd - [2025] 177 taxmann.com 257 (Raipur - Trib.) Judiciary and Counsel Details Partha Sarathi Chaudhury, Judicial Member Arun Khodpia, Accountant Member S.L. Anuragi, Ld. CIT-DR for the Appellant S.R. Rao, Adv. for the Respondent Facts of the Case The assessee, Chhattisgarh Distilleries Ltd., a […]
[Opinion] Global Corporate Law Updates | SEC and ASIC Announcements
Editorial Team – [2025] 177 taxmann.com 553 (Article) 1. SEC Launches New Statistics and Data Visualizations Webpage On 18 August 2025, the U.S. Securities and Exchange Commission (SEC) announced the launch of a new Statistics and Data Visualizations webpage. This initiative aims to improve public access to critical regulatory data and enhance transparency in the […]
Income-tax (Twenty-Third Amendment) Rules, 2025
Publish Date : Wednesday, August 20, 2025 source
Global Corporate Law Updates | SEC and ASIC Announcements
Editorial Team – [2025] 177 taxmann.com 553 (Article) 1. SEC Launches New Statistics and Data Visualizations Webpage On 18 August 2025, the U.S. Securities and Exchange Commission (SEC) announced the launch of a new Statistics and Data Visualizations webpage. This initiative aims to improve public access to critical regulatory data and enhance transparency in the […]
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