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Taxation Provisions: Section 17(2)(viii) and Rule 3(7)(i) of Income Tax Act. Navigating the Boundaries of Legislative Delegation and Ensuring Equity in Taxation

Income Tax Act, 1961 - Sections 17(2)(viii) and Rule 3(7)(i) - Constitutionality - Taxation of Fringe Benefits or Amenities - Essential Legislative Fu...

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Supreme Court Allows Petitioners to Utilize Frozen Accounts for Salary and Institutional Expenses. Court Orders Proper Maintenance and Auditing of Accounts; Proceedings to Continue as per Law.

The Supreme Court, in its order dated 7th April 2021, addressed a petition involving the freezing of accounts linked to an organization under investig...