- DHFL Bank Fraud Case: The Supreme Court cancelled bail previously granted to Wadhawan on medical grounds, citing a fresh medical board report that found no need for hospitalization.
- Faceless Assessment Scheme Conflict: The Court will decide whether a Jurisdictional Assessing Officer (JAO) can issue reassessment notices post-introduction of the Faceless Assessment Scheme, addressing conflicting High Court rulings.
- ️ Benami Transactions Act Retroactivity: The Court will hear a case on whether amended Section 5 of the Prohibition of Benami Property Transactions Act (2016) can apply to transactions made before the amendment.
Source Taxscan
Latest Posts in "India"
- India announces changes in the Invoice Management System
- GST: India’s Grand Federal Bargain Becomes Imperfect Political Compromise After Eight Years
- GST 2.0 Boosts Bengal’s Economy with Rate Cuts on Local Goods and Industries
- Finance Minister Addresses GST Transition Concerns, Outlines Measures for Smooth Implementation
- Rajasthan HC Rules Principal-to-Principal Service Contracts as Export, Not Intermediary, Under GST