Clipped from: https://www.business-standard.com/industry/news/indian-it-services-companies-may-see-minimal-impact-from-dpdp-rules-125111600477_1.html Despite higher compliance costs, India’s top IT firms expect minimal disruption from DPDP Rules 2025, leveraging years of experience with global data-privacy frameworks
Day: November 16, 2025
Administration of criminal justice ‘most neglected sphere’: ex-CJI U U Lalit – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/news/administration-of-criminal-justice-most-neglected-sphere-ex-cji-u-u-lalit/article70286850.ece Citing statistics, he said in criminal matters, four out of the five undertrials languishing in prisons were bound to be eventually acquitted Former
DPDP rules to cut down on marketing campaigns – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/news/dpdp-rules-to-cut-down-on-spam-marketing-campaigns-via-sms/article70286605.ece Entities that fail to do so may face fines between ₹200-250 crore Over 70 per cent of India’s MSMEs rely on targeted digital
I sold equities with capital gains of Rs 25 lakh, can I save tax by reinvesting it in property? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/i-sold-equities-with-capital-gains-of-rs-25-lakh-can-i-save-tax-by-reinvesting-it-in-property/articleshow/125268803.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
Homeowners, not housing society, must pay capital gains tax on sale of development rights to builders, rules ITAT Mumbai – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/homeowners-not-housing-society-must-pay-capital-gains-tax-on-sale-of-development-rights-to-builders-rules-itat-mumbai/articleshow/125343041.cms Listen to this article in summarized format On October 27, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai ruled that short term capital gains (STCG) from transferring development
Transfer of Title in Immovable Property by Way of Sale Excluded from Service Tax: Supreme Court [Read Judgement]
Clipped from: https://www.taxscan.in/top-stories/transfer-of-title-in-immovable-property-by-way-of-sale-excluded-from-service-tax-supreme-court-1437050?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172148 The Supreme Court held that a simple sale of land, being a transfer of title in immovable property, is not taxable under service
Uploading SCN on GST Portal Not Always Sufficient where Registration Stands Cancelled, Notice Must be Served by Registered Post: Madras HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/uploading-scn-on-gst-portal-not-always-sufficient-where-registration-stands-cancelled-notice-must-be-served-by-registered-post-madras-hc-1434217?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172140 Since the petitioner no longer had access to the portal, he remained unaware of the proceedings and could not file objections. The assessment
Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]
Clipped from: https://www.taxscan.in/top-stories/only-one-day-granted-to-respond-to-scn-itat-sets-aside-ex-parte-order-condones-delay-caused-by-husbands-death-1437247?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172163 ITAT condoned the delay due to the assessee’s husband’s illness and death, quashed the ex parte assessment made with just one day’s notice,
Cash Found in Locker During Search belongs to Entire Family, Not Solely belongs to Taxpayer: ITAT deletes Addition u/s 69A [Read Order]
Clipped from: https://www.taxscan.in/top-stories/cash-found-in-locker-during-search-belongs-to-entire-family-not-solely-belongs-to-taxpayer-itat-1437126?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172157 The Mumbai ITAT held that without contrary evidence or recorded dissatisfaction mandated under Section 69A, the assessee duly proved the cash source and
Supreme Court Protects CAs: Issuing Form 15CB Does Not Amount to Abetment of Money Laundering
Clipped from: https://www.taxscan.in/top-stories/supreme-court-protects-cas-issuing-form-amount-to-abetment-of-money-laundering-1437131?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172154 The Supreme Court upheld the Madras HC’s view that a CA cannot be accused of abetting money laundering merely for issuing Form 15CB.
*******S.74 of GST Cannot Be Invoked when No Fraud Alleged: Madras HC Clarifies application of S. 74 [Read Order]
lipped from: https://www.taxscan.in/top-stories/gst-cannot-be-invoked-when-no-fraud-alleged-madras-hc-clarifies-application-1437237?TRN300=CVKgzMSdSAunBdzWwyhMCkGgaCZdGUMkUjgGihMHwjGMeDFcYMSBZiUMbMSaSX&LKD333=3172136 For invoking Section 74, the show-cause notice must clearly articulate which of these elements is alleged, supported by material in the notice itself.