« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  Companies swear by Esops despite FBT dampener... Got PAN? Pay Rs 180 more for LPG... » SC dismisses ICFAI's plea against CFA Institute September, 07th 2007 The Supreme Court on Thursday dismissed a petition filed by Institute of Chartered Financial Analysts of India University seeking to restrain US-based CFA Institute from operating in the country. ICFAI University had sought a stay on an interim judgement of a division bench of the Gauhati High Court (Agartala Bench) that had -- on an appeal by CFA -- put on hold a single judge's order asking CFA Institute to cease its activities in India. An apex court bench headed by Justice B N Agarwal on Thursday rejected ICFAI's plea after hearing both the parties. ICFAI counsel K K Venugopal submitted that despite the order passed by two single benches of High Courts of Gauhati and Delhi, CFA was still continuing with its activities in the country. This was also contrary to the All India Council for Technical Education (AICTE) Regulations that require foreign universities/institutions to obtain its approval, ICFAI said. Counsels Shanti Bhushan and Sanjai K Pathak, appearing for CFA, opposed ICFAI's petition on the ground that contempt proceedings are independent proceedings and the division bench was well within its rights to stay the single bench order. Earlier in May, CFA had approached the Delhi High Court challenging AICTE's order dated May 18 that directed it to stop its activities in India. AICTE had also directed CFA to seek its approval for running such courses. However, the Delhi High Court, in its interim order, had allowed CFA to conduct June 3 examination with a rider that it would not carry any other activities. ICFAI had alleged that AICTE and UGC were not taking any action against CFA for allegedly running an unapproved technical programme in India.