![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/2025/12/11/500x300_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]")
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...
![Service Tax Demand on Ocean Freight Quashed: Karnataka HC Follows Madras HC Judgment [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111232-service-tax-demand-ocean-freight-quashed-karnataka-hc-madras-hc-taxscan.jfif "Service Tax Demand on Ocean Freight Quashed: Karnataka HC Follows Madras HC Judgment [Read Order]")
![SEBI becomes Authorised Agency Under IT Rules: Powers to Issue Takedown Orders to Protect Market Integrity [Read Notification]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111326-sebi-authorised-agency-taxscan.jfif "SEBI becomes Authorised Agency Under IT Rules: Powers to Issue Takedown Orders to Protect Market Integrity [Read Notification]")
![Parliament Winter Session 2025: Discussion on Tax and Company Law [Quick Recap]](https://images.taxscan.in/h-upload/2025/12/10/250x150_2111300-parliament-company-law-discussion-on-tax-winter-session-taxscan.webp "Parliament Winter Session 2025: Discussion on Tax and Company Law [Quick Recap]")
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/2025/12/10/500x300_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]")
Madras HC Rejects Writ Petition, Says Indo Japan Polymers Woke Up From Deep Slumber to Challenge ₹69.25 Lakh Customs Demand after 2½ Years [Read Order]
The Madras High Court has dismissed a writ petition filed by Indo Japan Polymers Pvt. Ltd. challenging a customs demand order of ₹69.25 lakh. The Court held that discretionary jurisdiction ...
![Madras HC Rejects Writ Petition, Says Indo Japan Polymers Woke Up From Deep Slumber to Challenge ₹69.25 Lakh Customs Demand after 2½ Years [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111108-madras-hc-rejects-writ-petition-indo-japan-polymers-deep-slumber-customs-demand-taxscan.webp "Madras HC Rejects Writ Petition, Says Indo Japan Polymers Woke Up From Deep Slumber to Challenge ₹69.25 Lakh Customs Demand after 2½ Years [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 (...
SC Mandates 30% Quota for Women in State Bar Councils, 20% to be filled by Election and 10% by Co-option[ Read Order]
In a landmark judgment addressing the severe gender imbalance in legal governance, the Supreme Court of India has mandated a 30% reservation for women advocates in State Bar Councils across the...
![SC Mandates 30% Quota for Women in State Bar Councils, 20% to be filled by Election and 10% by Co-option[ Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111306-sc-mandates-quota-women-state-bar-councils-election-co-option-taxscan.webp "SC Mandates 30% Quota for Women in State Bar Councils, 20% to be filled by Election and 10% by Co-option[ Read Order]")
![Calcutta HC Confirms Bail on SSC Scam, Cites Discrepancies in CBI/ED Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111143-calcutta-hc-bail-ssc-scam-cites-discrepancies-cbi-ed-case-taxscan.webp "Calcutta HC Confirms Bail on SSC Scam, Cites Discrepancies in CBI/ED Case [Read Order]")
Dealers also Covered by Licensing Mandate u/r 3 of Brick Kiln Act: J&K HC Validates Seizure Orders Against Brick Dealers [Read Order]
The Jammu & Kashmir High Court, in a recent case, has upheld the validity of licensing requirements under Rule 3 of the Jammu & Kashmir Brick Kiln (Regulation) Rules, 2017, holding that both...
![Dealers also Covered by Licensing Mandate u/r 3 of Brick Kiln Act: J&K HC Validates Seizure Orders Against Brick Dealers [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/500x300_2110509-jk-hc-validates-seizure-orders-against-brick-dealers-taxscan.webp "Dealers also Covered by Licensing Mandate u/r 3 of Brick Kiln Act: J&K HC Validates Seizure Orders Against Brick Dealers [Read Order]")
