Insights

      
  
    Godfrey Phillips India Limited vs Commissioner, Central Tax, New Delhi [Service Tax Appeal No. 51478 of 2022] dated December 5, 2025  The assessee was engaged in the business of manufacturing goods and providing services. The surplus pr
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

Godfrey Phillips India Limited vs Commissioner, Central Tax, New Delhi [Service Tax Appeal No. 51478 of 2022] dated December 5, 2025

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    Key Amendments to the SEBI (Foreign Portfolio Investor) Regulations, 2019  The Securities and Exchange Board of India (‘SEBI’), through a notification1dated 1 December 2025 has made certain significant amendments to the SEBI (Foreign Po
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

Key Amendments to the SEBI (Foreign Portfolio Investor) Regulations, 2019

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    ITAT Ruling on Netflix India : Rejects re-characterization of limited risk distributor  The Mumbai bench of Income Tax Appellate Tribunal (ITAT), on 17th October 2025, issued a ruling in favour of Netflix Entertainment Services India LL
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

ITAT Ruling on Netflix India : Rejects re-characterization of limited risk distributor

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    AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA  The Assessee1 is an individual, engaged in business of trading of shares. The Assessee transferred 801 shares in Cash Grail (P) Ltd (‘CGPL’)
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA

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    Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies  The Hon’ble Kerala High Court (hereinafter referred to as ‘the Court’) in the case of Vellangallur Peoples Welfare Co-Operati
Direct Tax Shailendra padhiyar Direct Tax Shailendra padhiyar

Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies

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