« Top Headlines » Open DEMAT Account in 24 hrs  Delhi HC Rules GST Registration Cannot Be Cancelled Retrospectively Without a Clear Show Cause Notice (SCN)  Belated income tax return AY 2026-27: How to file, late filing charges and what you may lose  Major Financial Changes from August 1, 2026: ITR Deadline, RBI MPC Meeting, Tatkal Ticket Rules & More  Government proposes to ease tax relief conditions for offshore funds  TallyPrime Connected Banking: Automating Banking and Accounting  ITR Filing Deadline 2026: Is July 31 the Last Date to File Your Income Tax Return? Latest Official Update  ITR filing deadline nears: How to file income tax return online on e-filing portal - quick 15-step guide  Will the ITR Filing Deadline Be Extended Beyond July 31 for FY 2025-26? Here's the Latest Update for Taxpayers  Income Tax Refund Delayed for AY 2026-27? 5 Common Reasons Your Refund May Be Stuck and How to Fix It  ITR Filing 2026: FM Nirmala Sitharaman Asks Tax Officials to Let Honest Taxpayers Correct Genuine Mistakes  Will Your FCNR Deposit Stay Tax-Free After Returning to India? Tax Rules Explained for NRIs «  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.