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Supreme Court holds Tiger Global’s Flipkart stake sale taxable in India, rejecting Mauritius DTAA benefits and calling the structure tax avoidance.
Delhi High Court directs government to ensure Parent-Teacher Associations function in private schools, strengthening parents’ rights and checking fee hikes.
Courts and CBDT clarify that share valuation must strictly follow Rule 11UA. Isolated or negotiated transactions cannot override statutory FMV methods under income tax law.
Supreme Court directs all States and UTs to enforce the 25% RTE quota in private schools for EWS and disadvantaged children. Court says RTE mandate cannot remain on paper and orde…
Supreme Court rules candidates who use reservation relaxation in prelims cannot later claim general category seats. Landmark ruling impacts competitive exams nationwide.