Supreme Court: I-T revision plea cannot bypass return deadline
The Supreme Court has ruled that a revision petition under Section 264 of the Income Tax Act cannot be used to revise a self-assessment return after the statutory deadline has passed. A…
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Lok Sabha Passes MSME Bill to Speed Up Payments, Resolve Disputes
The Lok Sabha on Friday approved the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, without a debate amid Opposition protests. The Bill had already cleared the Rajya Sabha on August…
