News & Judgements

The Rajasthan High Court has directed the admission of an appeal, citing the assessee's "inability to access the portal," "view the assessment order," and "prefer the appeal on…

The CESTAT has ruled in favor of Sky Lark Educational Welfare Society, stating that "services provided for imparting education" as per a "university curriculum" are "exempted from…

The CESTAT has ruled that "Punjab Roadways," which provides "transport services to the general public," is "not a manpower recruitment or supply agency." The tribunal's decision,…

The CESTAT has ruled that "Rule 6 of the Central Excise Valuation Rules" is "not invocable" when a "discount policy is generally offered for all customers." The tribunal's…

The ITAT has remanded a case, ruling that the Assessing Officer AO "failed to carry out adequate verification with the GST Department" regarding an "alleged bogus purchase…

The CESTAT has set aside a Commissioner's order that denied "CENVAT credit" only because of the "absence of a nexus with input services and output services." The tribunal's…

GST collections for August 2025 have surged by 6.5% to reach ₹1.86 lakh crore, indicating a healthy and resilient economy. The robust growth in GST revenue is attributed to a…

The Central Board of Direct Taxes CBDT has notified a new tax rule that provides a six-year extension under Section 10 23FE of the Income Tax Act. The extension is a significant…

Tata Capital is "setting the stage for a $2 billion IPO" after "global roadshows," with its "valuation seen at $18 billion." The move is a significant development in the financial…

The RBI has fined the "Surat Peoples Co-operative Bank" ₹18.3 lakh. The fine was imposed for a violation of the RBI's norms on bad loans and financial reporting. The move, which…

The BDA has sought an "exemption from RERA provisions," citing its "special statute" and "welfare role in the Bengaluru housing sector." The move, which is a significant step…

The Delhi High Court has directed the CBIC to "consider preferential treatment for start-ups and MSMEs" in "customs delays." The court's observation came in a case where a…

The Competition Commission of India has approved SMBC's "stake buy in Yes Bank." The move is a significant step towards a more transparent and less intrusive tax environment. The…

Goldman Sachs has trimmed its stake in BlackBuck, with Nomura stepping in with a ₹247 crore buy. The move is a significant development in the financial sector. The company's…

Ola's Krutrim has reportedly laid off 50 employees from its "linguistics team." The move, which is a significant step towards a more user-friendly and less intrusive tax…

The Delhi High Court has granted Zepto "interim relief" in a suit against "phishing websites" and "trademark infringement." The court's decision, which is a significant victory…

The Delhi High Court has issued a notice in the "IT Department's appeal" on "Clifford Chance India's tax liability." The case, which is a significant development in the legal…

The Karnataka High Court has ordered an "ED summons against advocate Anil Gowda." The move is a significant step towards a more user-friendly and less intrusive tax environment.…

The CESTAT has ruled that the "ADG, DRI does not have the power to declare DEPB scripts issued by the DGFT null and void." The tribunal's decision, which is a significant victory…

The CESTAT has ruled that "service tax is not leviable on deposits made under interim orders." The tribunal's decision, which is a significant victory for the company, was made on…

The CESTAT has ruled that a "refund claim on service tax for cancelled property bookings" is "maintainable." The tribunal's decision, which is a significant victory for the…

BigBasket's Hari Menon has stated that there are "no plans to hire a new CEO." The move, which is a significant step towards a more user-friendly and less intrusive tax…

The NCLAT has ruled that the "findings of the NCLAT while remanding a case can't operate as 'res judicata'" when "no conclusive opinion is expressed." The court's decision, which…

The NCLAT has ruled that the "revival of a company petition is permissible on default of settlement terms," despite the "absence of express liberty" in the "NCLT's withdrawal…

The NCLAT has ruled that the "refund of a security amount cannot be considered as an acknowledgment of debt under Section 19 of the Limitation Act." The court's decision, which is…

The Supreme Court has ruled that in arbitration, the "delivery of an award to a government official not connected with the case" does "not amount to valid service on the state."…

The West Bengal Real Estate Appellate Tribunal has ruled that "simultaneous legal proceedings in a consumer forum and RERA are not sustainable." The court's decision, which is a…

The ITAT has ruled that "trust activities" were "not found wholly religious," stating that "free feeding and education is charitable," and has ordered a "reconsideration of…

The CESTAT has ruled that an "exporter cannot be penalized for the department's delay in litigation," and has ordered "interest on a duty drawback." The tribunal's decision, which…

The CESTAT has set aside a "service tax of ₹9.63 lakh," ruling that a "hotel property lease" is "exempt from renting of immovable property." The tribunal's decision, which is a…

The CESTAT has upheld a "service tax demand on mining services" and has denied a "CENVAT credit on sub-contractor's services," finding that they were "not input for cement…

The Supreme Court has found no error in a tribunal's ruling on Kalyan Jewellers, stating that an "extended period under Section 11A of the CEA" "cannot be invoked without…

The Supreme Court has ruled that the NCLT has the authority to examine fraud in "oppression and mismanagement cases." The court's decision clarifies that the NCLT's power is not…

Urban Company and Boat have secured SEBI's nod for their IPOs. The move is a significant development in the financial sector. The company's shares are a crucial reminder to all…

Harshjit Sethi, MD of Peak XV, has resigned after a decade. The move, which is a significant step towards a more user-friendly and less intrusive tax environment, is aimed at…

Citymall, a Meesho rival, has bagged $47 million to "expand its private labels portfolio." The company's shares are a crucial reminder to all investors that they must be diligent…