Judgement

ITAT Delhi rules that the Section 69C addition is invalid as the Assessing Officer acted beyond the show cause notice, violating natural justice and procedural fairness, allowing the assessee’s appeal.

Income Tax assessment order cannot travel beyond the scope of the show cause notice

Notifications

The RBI has updated its Repo Directions, 2025, to include municipal debt securities as eligible instruments for repo and reverse repo transactions.

RBI Notifies Updated Repo Directions, 2025, Including Municipal Debt Securities

Circulars

SEBI warns investors that digital gold products are unregulated and not covered by investor protection mechanisms.

SEBI Warns Investors Against Unregulated Digital Gold Platforms

The ITAT observed that there was a complete shift in the pattern of sales as compared to the previous FY, and both the AO and CIT(A) did not consider the nature of transactions.

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern

Press Release

The MoU enables real-time verification of Chartered Accountant–certified financial documents within the Indian Army’s vendor registration system.

ICAI and Indian Army Collaborate for Technology-Driven Document Authentication

The Ministry of Finance has notified the imposition of anti-dumping duties on hot-rolled flat steel products imported from Vietnam.

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Income Tax assessment order cannot travel beyond the scope of the show cause notice

RBI Notifies Updated Repo Directions, 2025, Including Municipal Debt Securities

SEBI Warns Investors Against Unregulated Digital Gold Platforms

ITAT Deletes Addition of Unexplained Cash Deposits Due to Change in Sales Pattern

ICAI and Indian Army Collaborate for Technology-Driven Document Authentication

Imposition of Anti-Dumping Duty on Imports of Hot-Rolled Flat Products of Steel from Vietnam