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Illegal Freezing of Demat Account of Doctor: Bombay HC directs SEBI, BSE and NSE to Compensate with Rs. 50 Lakhs within 2 Weeks [Read Order]
The Bombay High Court recently directed the Securities and Exchange Board of India (SEBI), along with the Bombay Stock Exchange (BSE) and the...
![Sharp Jump in Scrip Share Prices Justified for Shares in Demat Form: ITAT deletes Additions u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Mumbai-Scrip-Share-Prices-TAT-deletes-Additions-Taxscan.jpg "Sharp Jump in Scrip Share Prices Justified for Shares in Demat Form: ITAT deletes Additions u/s 68 [Read Order]")
![Scrip cant be Penny Stock: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Scrip-Penny-Stock-ITAT-Income-Tax-Act-taxscan.jpg "Scrip cant be Penny Stock: ITAT deletes Addition u/s 68 of Income Tax Act [Read Order]")
SEBI introduces New Operational Timelines and Disclosures for Credit Rating Agencies (CRAs) [Read Circular]
The Securities and Exchange Board of India (SEBI) has announced significant updates aimed at improving the ease of doing business for Credit Rating Agencies (CRAs). The circular modifies Chapter...
CBIC Issues Clarification on Place of Supply for Custodial Service by Banks to Foreign Portfolio Investors [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) issued clarification regarding the place of supply applicable for custodial services provided by banks to Foreign Portfolio Investors ( FIPs...
Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]
The Kerala High Court has held that the delay in approaching the revision authority under the Income Tax Act is not condonable when assessee fails to show sufficient reason. During the years the...
![Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Kerala-High-Court-Revision-Authority-Income-Tax-Act-delay-condonation-tax-revision-application-taxscan-1.jpg "Delay in Approaching Revision Authority under Income Tax Act is not Condonable hen Assessee Fails to Show Sufficient Reason: Kerala HC [Read Order]")
