News Supreme Court Holds Stamp Duty on Mining Leases Must Be Calculated on Expected Royalty, Not Just the Minimum Annual Rent; Birla Corporation’s Challenge to ₹4.32 Crore Demand Fails RawlawJuly 27, 202614 min read
News CBDT Said Judges’ Housing, Conveyance, Sumptuary and Travel Benefits Lose Tax Protection Under the New Regime; Delhi High Court Prima Facie Disagrees and Halts Processing of Their Returns RawlawJuly 26, 20268 min read
News Calcutta High Court Stays Income Tax Penalty Orders for Alleged Cash Transaction Violations, Holding “No Penalty Can Be Levied Without Prior Satisfaction of Assessing Officer Recorded in Assessment Orders” While Considering Prima Facie Illegality in Absence of Statutory Compliance RawlawJune 29, 20255 min read
News Bombay High Court Confirms ₹9.76 Cr Penalty on IL&FS Financial Services: “Equity Cannot Override Statutory Compliance”—Dismisses Challenge to Penalty under Section 31(4) of Maharashtra Stamp Act RawlawJune 19, 20254 min read
