News

The NSE in a circular informed that a trading session will take place on that day. The pre-open market will operate from 9:00 am to 9:08 am, while regular trading will take place from 9:15 am to 3:30 pm.

Union Budget 2026: Are Equity Markets Open on Budget Day?

Judgement

Weighted-average pricing method upheld; Section 171 enforceable despite absence of fixed formula

GSTAT Upholds Anti-Profiteering Demand of Rs. 19.32 Lakh on Distributor for Not Passing GST Rate Cut

Final assessment orders under Section 144C held time-barred despite pending Supreme Court reference

ITAT Delhi Quashes DRP Assessments Passed Beyond Limitation

SC issues notice to resolve conflicting High Court views on allowability of delayed employees’ PF and ESI contributions.

Supreme Court Issues Notice on Delayed Employees’ PF/ESI Deduction Dispute

ITAT holds advertising and promotional expenses incurred on dealers and third parties do not constitute “fringe benefits” to employees.

No FBT on Dealer-Oriented Sales Promotion Spend; ITAT Deletes Addition

The authority held that no benefit was required to be passed on under Section 171 where the flat was booked post-GST and prices were fixed after factoring in available ITC.

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Union Budget 2026: Are Equity Markets Open on Budget Day?

GSTAT Upholds Anti-Profiteering Demand of Rs. 19.32 Lakh on Distributor for Not Passing GST Rate Cut

ITAT Delhi Quashes DRP Assessments Passed Beyond Limitation

Supreme Court Issues Notice on Delayed Employees’ PF/ESI Deduction Dispute

No FBT on Dealer-Oriented Sales Promotion Spend; ITAT Deletes Addition

No Anti-Profiteering Where Flat Was Booked Post-GST with ITC Factored In