News

The RBI has imposed an Rs. 11.5 lakh penalty on Mahindra &amp; Mahindra Financial Services for violations related to foreclosure charges and internal ombudsman complaint handling norms.

RBI Slaps Penalty on Mahindra &amp; Mahindra Financial Services Limited for Fair Practices and Ombudsman Norm Violations

RBI Slaps Penalty on Mahindra & Mahindra Financial Services Limited for Fair Practices and Ombudsman Norm Violations

Judgement

Regulatory labelling as “non-fruit syrup” under food laws cannot override fiscal classification: Supreme Court

Rooh Afza is a Fruit Syrup, Not a Soft Drink: Supreme Court Rules on Tax Classification

Supreme Court Holds ‘Sharbat Rooh Afza’ Taxable as Fruit Drink at 4% Under UPVAT, Not Residuary 12.5%

High Court Quashes Reassessment Where All Facts Were Already Disclosed During Original Scrutiny

Tax Authorities Can't Reopen Assessments Based on Change of Opinion Without New Tangible Evidence

Tax Authorities Cannot Reach Back More Than a Decade for Search-Related Assessments

High Court Quashes Income Tax Notices Issued Beyond 10-Year Limit Under Section 153C

NCERT apologised for an unintentional error in its newly released Class 8 Social Science textbook over a judiciary chapter.

 NCERT Withdraws Newly Released Class 8 Book After Judiciary Chapter Controversy

The committee noted that filing Form 10B was a contractual obligation of the respondent. It said that she cannot put such a non-filing condition unless it is mentioned in the contract.

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RBI Slaps Penalty on Mahindra & Mahindra Financial Services Limited for Fair Practices and Ombudsman Norm Violations

Supreme Court Holds ‘Sharbat Rooh Afza’ Taxable as Fruit Drink at 4% Under UPVAT, Not Residuary 12.5%

Tax Authorities Can't Reopen Assessments Based on Change of Opinion Without New Tangible Evidence

High Court Quashes Income Tax Notices Issued Beyond 10-Year Limit Under Section 153C

NCERT Withdraws Newly Released Class 8 Book After Judiciary Chapter Controversy

ICAI Reprimands CA for Withholding Filing of Tax Forms Over Unpaid Audit and ITR Fees