Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
Facing MCA21 V3 Filing Delays? ICSI to Raise Grievance before MCA, Requests Members to Submit Pending Ticket Details
The Institute of Company Secretaries of India ( ICSI ) has announced a fast-track support mechanism to help professionals resolve persistent issues...
![Derived From’ Means First-Degree Nexus: Supreme Court Rejects NCDC’s Claim for Deduction u/s 36(1)(viii) of Income tax [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/11/2111472-derived-nexus-supreme-court-rejects-ncdcs-claim-deduction-us-361viii-of-income-tax-taxscan.webp "Derived From’ Means First-Degree Nexus: Supreme Court Rejects NCDC’s Claim for Deduction u/s 36(1)(viii) of Income tax [Read Judgement]")
![Interest from Bank Deposit Does Not qualify for S. 36(1)(viii) Deduction: SC says it’s Not Income ‘Derived From’ Long-Term Finance [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/11/2111469-interest-from-bank-deposit-qualify-s-361viii-deduction-sc-income-derived-long-term-finance-taxscan.webp "Interest from Bank Deposit Does Not qualify for S. 36(1)(viii) Deduction: SC says it’s Not Income ‘Derived From’ Long-Term Finance [Read Judgement]")
![Income tax Deduction u/s 36(1)(viii) Limited to Profits ‘Derived From’ Long-Term Finance: Supreme Court says ‘No Deduction’ to Incidental or Ancillary income [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/11/2111464-income-tax-deduction-us-361viii-limited-profits-derived-from-long-term-finance-supreme-court-deduction-incidental-ancillary-income-taxscan.webp "Income tax Deduction u/s 36(1)(viii) Limited to Profits ‘Derived From’ Long-Term Finance: Supreme Court says ‘No Deduction’ to Incidental or Ancillary income [Read Judgement]")
Dividend is Return on Share Capital, Not Lending Activity: Supreme Court holds Dividend Income Not Eligible for S. 36(1)(viii) Deduction [Read Judgement]
In a recent reportable judgment, the Supreme Court clarified that dividend income does not qualify as “profits derived from the business of providing long-term finance” and is therefore not...
![Dividend is Return on Share Capital, Not Lending Activity: Supreme Court holds Dividend Income Not Eligible for S. 36(1)(viii) Deduction [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/11/2111460-dividend-return-share-capital-lending-activity-supreme-court-dividend-income-s-361viii-deduction-taxscan.jfif "Dividend is Return on Share Capital, Not Lending Activity: Supreme Court holds Dividend Income Not Eligible for S. 36(1)(viii) Deduction [Read Judgement]")
Fake GST Invoice and E way Bill Issuance without Actual Supply: Chhattisgarh HC grants Bail to Accused [Read Order]
Ishak ShahThe Chhattisgarh High Court has granted regular bail to an accused who was arrested on allegations of creating bogus firms and issuing fake GST ( Goods and Services Tax ) invoices and...
![Fake GST Invoice and E way Bill Issuance without Actual Supply: Chhattisgarh HC grants Bail to Accused [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/2111327-fake-gst-invoice-e-way-bill-issuance-without-actual-supply-chhattisgarh-hc-grants-bail-accused-taxscan.webp "Fake GST Invoice and E way Bill Issuance without Actual Supply: Chhattisgarh HC grants Bail to Accused [Read Order]")
AI Assistants Now Buy for Consumers: Centre says Agentic Shopping Emerges, Lists Steps to Protect Traders and MSMEs [Read Order]
The Union Government has acknowledged the rise of AI-driven “Agentic Shopping”, a system where intelligent digital assistants autonomously compare, select and purchase products on behalf of...
![AI Assistants Now Buy for Consumers: Centre says Agentic Shopping Emerges, Lists Steps to Protect Traders and MSMEs [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/2111295-ai-assistants-agentic-shopping-taxscan.jfif "AI Assistants Now Buy for Consumers: Centre says Agentic Shopping Emerges, Lists Steps to Protect Traders and MSMEs [Read Order]")
UAE Tax Update: Country to Implement Key Tax Law Changes from 2026 - A Must Know for UAE Tax Consultants
The Ministry of Finance, United Arab Emirates ( UAE ), has issued two important legislative changes, Federal Decree ‑ Law 16 of 2025 and Federal Decree‑Law 17 of 2025, amending the existing VAT (...
SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]
The Securities and Exchange Board of India ( SEBI ) has notified the SEBI (Merchant Banker) (Amendment) Regulations, 2025, which make major revisions to the regulatory framework that regulates...
![SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]](https://images.taxscan.in/h-upload/2025/12/09/2111128-sebi-notifies-new-merchant-banker-regulations-taxscan.jfif "SEBI Notifies New Merchant Banker Regulations, Mandates Higher Net-Worth and Liquidity Norms [Read Notification]")
ICAI Exam Update: New Income Tax Act will be Included in CA Intermediate, Final and Self-Paced Exams, Know Complete Details
The Institute of Chartered Accountants of India ( ICAI ), through its Board of Studies (Academic), has officially announced that the Income-tax Act, 2025 will be applicable for CA examinations from...
![Jharkhand HC grants bail to Rs. 22 crores GST Fraud Accused noting 4 months Custody [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/2110327-gst-fraud-taxscan.jfif "Jharkhand HC grants bail to Rs. 22 crores GST Fraud Accused noting 4 months Custody [Read Order]")