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Karisma Kapoor's children have moved the Delhi High Court for a "share in their father Sunjay Kapur's ₹30,000 crore assets." The move is a significant step towards a more…
Minute Media has acquired Binny Bansal-backed Videoverse. The move is a significant step towards a more user-friendly and less intrusive business environment, aimed at promoting…
The Delhi High Court has ordered the "counseling of a POCSO victim" who was "raped by her elder brother" and has also "ordered the disbursement of ₹13 lakh in compensation." The…
The Kerala High Court is hearing the "Fashion Gold Scam" case involving MC Kamarudheen and Pookoya Thangal. The court's decision, which is a significant victory for the…
The Allahabad High Court has granted bail to a "Mukhtar Ansari aide" in a 2011 "Usri Chatti murder" case, citing a "second FIR 22 years" later. The court's decision, which is a…
The Punjab and Haryana High Court has ruled in a "passport revocation" case involving a "mistake in marital status and ex-husband's name." The court's decision, which is a…
The CBI has challenged the acquittal of former judge Nirmal Yadav in a "corruption case." The court's decision, which is a significant victory for the government, was made on the…
The Kerala High Court has denied bail to Anto Paul and Prakash in a "Chinese loan app scam" case. The court's decision, which is a significant victory for the government, was made…
The CESTAT has ruled that a refund cannot be rejected on the grounds of "classification" once the "tax liability is settled." This decision clarifies a procedural ambiguity,…
The Allahabad High Court has stated that while a "citizen is expected to know the law," it is even more important for "officers to know the law laid down by higher courts." This…
The Delhi High Court has ruled that while the CESTAT cannot admit an appeal without a pre-deposit, the High Court has the power to waive this requirement in "rare and deserving…
The Supreme Court has ruled that "homebuyers cannot be denied flat possession" if their "claims were verified and admitted by the resolution professional." The court's decision,…
The NCLT, Mumbai, has ruled that "any defect in the title of a security" does "not vitiate a personal guarantee duly executed." The court's decision, which is a significant…
The Baramulla District Commission has held "Shamika Indane Agencies liable" for the "failure to replace an expired LPG hose pipe" and for "charging an extra amount for the…
The Baramulla District Commission has held "New India Assurance Co. liable" for an "arbitrary under-assessment of an insurance claim." The court's decision, which is a significant…
The ITAT has ruled that an "AO rejects the books of account" under a "section of the Income Tax Act" in the "absence of documents," and has "directed CITA to decide afresh." The…
The ITAT has ruled that if the "number of associate members of a cooperative society" continues to be "more than 10% of the total membership," it is "violative of the Income Tax…
GSTN has issued an advisory to "restrict the filing of returns beyond 3 years from the due date," effective for the "September tax period." The move is a significant step towards…
The Supreme Court will "list a matter after two weeks" regarding the "challenge of the PBPT Act." The court's decision, which is a significant victory for the government, was made…
The ITAT has ruled that a "conclusion without reasoning" "opens for arbitrariness," and has "deleted a ₹1.06 crore disallowance" in the Pyung Hwa India case. The tribunal's…
The Supreme Court has dismissed the department's appeal against a CESTAT ruling, giving relief to Confident Projects. The court's decision, which is a significant victory for the…
A practitioner has flagged an issue to the CBIC on X, stating that the "Income Tax portal rejects returns with S54/54F deductions for FY 24-25." The move is a significant step…
The CESTAT has ruled that "CENVAT credit is admissible on service tax paid on a manpower supply service" as it qualifies as an "input service." The tribunal's decision, which is a…
The ITAT has ruled that an "AO shall not proceed with income tax assessment proceedings within four weeks if the AO rejects a taxpayer's objections." The tribunal's decision,…
The ITAT has ruled that a "joint property owned by a husband and wife" is "entirely the husband's investment" and has "deleted the addition made in the wife's hands." The…
The CESTAT has ruled that "clear float glass with a tin absorbent layer" is "classifiable as non-wired glass with an absorbent/reflecting layer." The tribunal's decision, which is…
The Supreme Court has invoked "extraordinary jurisdiction" to set aside a "HC's 10-year-old order," ruling that "clandestine removal issues are not maintainable under Section…
The Supreme Court has ruled that "appeals on the breach of exemption notification conditions" lie with the "HC under Section 130 of the Customs Act." The court's decision, which…
The ITAT has ruled that "interest paid to HUDA on delayed external development charges" is "not penal" and is "deductible as revenue expenditure." The tribunal's decision, which…
The DGFT has clarified the "applicability of MIP on virgin multi-layer paper board imports." The move is a significant step towards a more user-friendly and less intrusive tax…
The DGFT has clarified the "applicability of MIP on virgin multi-layer paper board imports." The move is a significant step towards a more user-friendly and less intrusive tax…
The DGFT has notified a SION for the "export product Acetyl Salicylic Acid 75mg Film Coated Tablets." The move is a significant step towards a more user-friendly and less…
The DGFT has amended the "export policy for animal by-products" to "align with EU regulations," making "inspection and veterinary certification mandatory." The move is a…
The MCA has expanded the "fast-track merger rules under Section 233," introducing "new forms and broader company coverage." The move is a significant step towards a more…
SEBI has notified a "revised settlement schedule" for the "cash, derivatives, and SLBM segments" amid "consecutive market holidays." The move is a significant step towards a more…
The Centre has notified "new recruitment rules" for the "Assistant Director of Enforcement in the Directorate of Enforcement." The move is a significant step towards a more…
The Supreme Court has ruled that the "NCLT has jurisdiction to examine a gift deed fraud" in "oppression and mismanagement cases." The court's decision, which is a significant…
The CBIC has notified "tariff values" for gold, silver, palm oils, brass scrap, and areca nuts, with "no changes in rates." The move is a significant step towards a more…
The Supreme Court has ruled that "Section 130 of the GST Act cannot be invoked for mere stock variations" found in a "search." The court's decision, which is a significant victory…
The CESTAT has ruled that "service tax is not applicable on public utility works," including "laying pipelines" and "repairs of Sainik Schools," and has quashed a demand. The…
The ITAT has ruled that a "cash withdrawal from a son-in-law's NRE account," which was deposited during demonetization, was "sufficiently explained" and has deleted a ₹12 lakh…
The ITAT has allowed a "deduction" after accepting a "medical director's certificate" that a "100-bed requirement for hospitals" under "Section 35AD 8 " was met. The tribunal's…
IndiGrid has netted $4 million to "scale production." The move is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at promoting tax…
Finance Minister Nirmala Sitharaman has stated that "GST rate cuts" will "boost demand and investments." The move is a significant step towards a more user-friendly and less…
In a GST fraud crackdown, a "former employee" has been arrested in Noida for a "₹10 crore fake invoice scam." The move is a significant step towards a more transparent and less…
The CBIC has issued a clarification on a "fake GST transition benefit message" circulating online, urging taxpayers to be cautious. The move, which is a significant step towards a…
August has marked an all-time high for "UPI transactions" for both "PhonePe and Google Pay." The move is a significant step towards a more user-friendly and less intrusive tax…
The Delhi High Court has granted "conditional release of an artwork," "The Scarecrow," with a deposit and a ₹30,000 redemption fee. The move is a significant step towards a more…
FM Sitharaman will personally monitor the "GST rate cut implementation" and has urged "citizens to report non-compliance." The move is a significant step towards a more…
The Centre is mulling "20 billion in incentives for Semiconductor Mission 2.0." The move is a significant step towards a more user-friendly and less intrusive tax environment, is…
Karisma Kapoor's children have moved the Delhi High Court for a "share in their father Sunjay Kapur's ₹30,000 crore assets." The move is a significant step towards a more…
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