Judgement

The Income Tax Appellate Tribunal (ITAT) Delhi has held that notional interest on interest-free loans advanced to subsidiary companies cannot be brought to tax in the absence of actual accrual or receipt of income.

ITAT Deletes Notional Interest Addition on Interest-Free Loans to Subsidiaries and Remands Ad-hoc Capitalization of Installation Expenses

The Income Tax Appellate Tribunal (Delhi) has quashed an assessment framed under Section 153C as the AO failed to record a valid satisfactory note

ITAT Quashes Section 153C Assessment for Lack of Proper Satisfaction Note holding it as a  Mechanical Satisfaction Note

News

Company rejects fraud allegations and says interim regulatory findings remain non-conclusive and preliminary.

Company Clarifies Interim Market Regulator Order, Rejects Fraud Allegations.

Company Clarifies Interim Market Regulator Order, Rejects Fraud Allegations

Lakshadweep Excise Regulation, 2026 establishes a comprehensive legal framework for the manufacture, possession, import, export, sale, consumption, and taxation of liquor in the Union Territory of Lakshadweep.

President Notifies Lakshadweep Excise Regulation, 2026, to Regulate Manufacture, Sale and Consumption of Liquor

Notifications

MCA has notified the Valuation Rules Amendment, 2026, mandating a minimum paid-up capital of Rs 25 lakh for Registered Valuer Organisations.

MCA Notifies Companies (Registered Valuers and Valuation) Amendment Rules, 2026

Tribunal deletes Sections 68 and 69C additions on genuine exchange-traded share transactions.

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ITAT Deletes Notional Interest Addition on Interest-Free Loans to Subsidiaries and Remands Ad-hoc Capitalization of Installation Expenses

ITAT Quashes Section 153C Assessment for Lack of Proper Satisfaction Note holding it as a Mechanical Satisfaction Note

Company Clarifies Interim Market Regulator Order, Rejects Fraud Allegations

President Notifies Lakshadweep Excise Regulation, 2026, to Regulate Manufacture, Sale and Consumption of Liquor

MCA Notifies Companies (Registered Valuers and Valuation) Amendment Rules, 2026

ITAT Deletes Penny Stock Additions Backed Only by Suspicion