Loading...

⚠ ✕
❮ Top
☎ Help
☰
×

By creating an account you can:

Logo TaxTMI
Keyword Search :
AI Tools : New
Ask tax questions in natural language. Powered by AI trained on the TaxTMI legal database. Use AI Tools ➞
Call Us / Help / Feedback✕

Contact Us At :

✉ E-mail: [email protected]

✆ Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
Make Most of Text Search ✕
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
    6. Text Search
  6. The system will try to fetch results that contains ALL your words.
  7. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
    8. Text Search
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :
❮❮ Hide
❮ Default View
Expand ❯❯
Close ✕
🔎 Highlights - Adv. Search ❯
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text ❯
  • Main Text
  • Main Text + AI Text
  • AI Text
Law:
---- All Laws---- ❯
  • ---- All Laws----
  • Income Tax
  • Direct Taxes
  • Benami Property
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • Law of Competition
  • PMLA - Money-Laundering
  • Indian Laws
  • Bill / Finance Bills
  • Wealth Tax
  • Service Tax
  • Central Excise
  • VAT / Sales Tax
Month:
---- All Months ---- ❯
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ---- ❯
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
Relevance Default Date
    September 2, 2026   Case Laws GST
    Authentication of electronic GST notices is mandatory; unsigned portal documents cannot sustain adjudication or recovery without effective hearing.
    September 2, 2026   Case Laws GST
    GST appellate adjournments require sufficient cause; the three-adjournment limit is a ceiling, not an automatic litigant entitlement.
    September 2, 2026   Case Laws GST
    GSTR-2A mismatches require invoice-wise credit verification, while adverse GST adjudication requires a mandatory personal hearing.
    September 2, 2026   Case Laws GST
    Input tax credit misclassification across GST heads requires aggregate ledger verification before any excess-credit demand can stand.
    September 2, 2026   Case Laws Income Tax
    Reassessment Notices Issued to Deceased Assessees Are Jurisdictionally Invalid and Require Proceedings Against Legal Representatives
    September 2, 2026   Case Laws Income Tax
    Penalty immunity for misreported income remains unavailable despite objections to notice, hearing, and decision delay.
    September 2, 2026   Case Laws Income Tax
    Land-acquisition compensation remains outside income-tax withholding, enabling refund of tax deducted after prescribed compliance is completed.
    September 2, 2026   Case Laws Income Tax
    Retention of seized cash ends when the searched person's assessment closes, requiring release after tax adjustment.
    September 2, 2026   Case Laws Income Tax
    Leave-encashment exemption under the enhanced limit may be pursued through revised returns, with eligibility questions left open.
    September 2, 2026   Case Laws Income Tax
    Genuine charitable activities require a trust's own educational work, not merely rental income from leased school premises.
    September 2, 2026   Case Laws Income Tax
    Best judgment assessment requires rational, business-specific profit estimation; online share-trading addition was deleted for unsupported guesswork.
    September 2, 2026   Case Laws Income Tax
    Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
    September 2, 2026   Case Laws Income Tax
    External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
    September 2, 2026   Case Laws Income Tax
    Reassessment on fresh bogus-transaction information survives where original scrutiny omitted purchases and sales; income is estimated on gross profit.
    September 2, 2026   Case Laws Income Tax
    Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
    September 2, 2026   Case Laws Income Tax
    Section 263 limitation barred revision of software receipts assessment, which was independently upheld as non-erroneous royalty treatment.
    September 2, 2026   Case Laws Income Tax
    Section 80P deduction covers member-credit income and bank interest from surplus lending funds of Souharda Sahakaris.
    September 2, 2026   Case Laws Income Tax
    Commercial expediency supports interest deductions for strategic group investments, while sufficient interest-free funds defeat borrowing-cost disallo...
    September 2, 2026   Case Laws Income Tax
    Functional comparability excludes branded, high-end and outsourced providers from BPO transfer-pricing benchmarking, sustaining adjustment deletion.
    September 2, 2026   Case Laws Income Tax
    Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
❮
❯
❯❯
Maximize Maximize Maximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

+

Are you sure you want to delete "My most important" ?

NOTE:

Open Link
Highlights
Showing Results for :
Reset Filters
Results Found:
Show All Summaries Hide All Summaries
September 2, 2026   Case Laws GST
Authentication of electronic GST notices is mandatory; unsigned portal documents cannot sustain adjudication or recovery without effective hearing.
September 2, 2026   Case Laws GST
GST appellate adjournments require sufficient cause; the three-adjournment limit is a ceiling, not an automatic litigant entitlement.
September 2, 2026   Case Laws GST
GSTR-2A mismatches require invoice-wise credit verification, while adverse GST adjudication requires a mandatory personal hearing.
September 2, 2026   Case Laws GST
Input tax credit misclassification across GST heads requires aggregate ledger verification before any excess-credit demand can stand.
September 2, 2026   Case Laws Income Tax
Reassessment Notices Issued to Deceased Assessees Are Jurisdictionally Invalid and Require Proceedings Against Legal Representatives
September 2, 2026   Case Laws Income Tax
Penalty immunity for misreported income remains unavailable despite objections to notice, hearing, and decision delay.
September 2, 2026   Case Laws Income Tax
Land-acquisition compensation remains outside income-tax withholding, enabling refund of tax deducted after prescribed compliance is completed.
September 2, 2026   Case Laws Income Tax
Retention of seized cash ends when the searched person's assessment closes, requiring release after tax adjustment.
September 2, 2026   Case Laws Income Tax
Leave-encashment exemption under the enhanced limit may be pursued through revised returns, with eligibility questions left open.
September 2, 2026   Case Laws Income Tax
Genuine charitable activities require a trust's own educational work, not merely rental income from leased school premises.
September 2, 2026   Case Laws Income Tax
Best judgment assessment requires rational, business-specific profit estimation; online share-trading addition was deleted for unsupported guesswork.
September 2, 2026   Case Laws Income Tax
Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or renewal refusal.
September 2, 2026   Case Laws Income Tax
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudication.
September 2, 2026   Case Laws Income Tax
Reassessment on fresh bogus-transaction information survives where original scrutiny omitted purchases and sales; income is estimated on gross profit.
September 2, 2026   Case Laws Income Tax
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-reporting.
September 2, 2026   Case Laws Income Tax
Section 263 limitation barred revision of software receipts assessment, which was independently upheld as non-erroneous royalty treatment.
September 2, 2026   Case Laws Income Tax
Section 80P deduction covers member-credit income and bank interest from surplus lending funds of Souharda Sahakaris.
September 2, 2026   Case Laws Income Tax
Commercial expediency supports interest deductions for strategic group investments, while sufficient interest-free funds defeat borrowing-cost disallowances.
September 2, 2026   Case Laws Income Tax
Functional comparability excludes branded, high-end and outsourced providers from BPO transfer-pricing benchmarking, sustaining adjustment deletion.
September 2, 2026   Case Laws Income Tax
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded.

Highlights

Back

All Highlights

Showing Results for :
Reset Filters
No Records Found

Highlights

Home › Highlights › SEBI › 2025 › March, 2025 › This
Back

All Highlights

whatsapp Join Channel
Showing Results for : Reset Filters
SEBI

AT upheld insider trading charges against appellants for...

Insider Trading: Connected Persons Found Guilty of Trading Biocon Securities with Unpublished Price Sensitive Information Under PIT Regulations

Contents
Summary
Note

Note

-

Bookmark

Print

Print

Print Options

SEBI March 6, 2025 Case Laws AT
AT upheld insider trading charges against appellants for violating PIT Regulations through trading in Biocon securities while possessing UPSI. Appellant 1 was deemed a 'connected person' under Regulation 2(1)(g)(i) due to close association with company KMPs during CIMAB licensing negotiations and Biocon-Sandoz deal period. Appellant 2 was classified as connected under Regulation 2(1)(d)(i). The tribunal applied preponderance of probability test, noting suspicious trading patterns during UPSI period and frequent communications with senior management. Despite circumstantial evidence, appellants' close involvement with KMPs handling sensitive cross-border deals established insider status. Penalties and market trading restrictions maintained.
View Source View

Topics

Acts Income Tax
Next ➔