News & Judgements

Supermoney founder Prakash Sikaria has discussed the company's monthly transactions of $250 million, its cashback model, and its profitability. The company's shares are a crucial…

The Supreme Court has questioned the Punjab and Haryana High Court for a "delay in publishing an order" and has "directed a probe into backdated orders." The case is a significant…

The Delhi High Court has suspended a trial judge and initiated disciplinary proceedings against him. The court's decision, which is a significant victory for the government, was…

A Delhi court has restrained FoodInfotech from copying the content of Foodtechbiz, a competitor. The court's decision, which is a significant victory for Foodtechbiz, was made on…

The Calcutta High Court has directed the police to probe a sexual assault and blackmail case that led to a daughter's suicide. The parents of the victim had approached the court,…

The Delhi High Court has dismissed a petition seeking to quash a POCSO case, imposing a ₹10,000 cost on the accused. The accused had argued that the case should be dismissed to…

The Supreme Court has ruled that "vehicles plying only within the enclosed premises of a factory are not liable to pay motor vehicle tax." The court's decision, which is a…

The Bombay High Court has ruled that "interest on fixed deposits" is "linked to business" and "qualifies for a Section 80IA deduction." The court's decision, which is a…

The Supreme Court has questioned the Punjab and Haryana High Court over a "delay in publishing a bail order" and has ordered a "probe into backdating allegations." The case is a…

The Supreme Court has ruled that "vehicles used only inside enclosed industrial premises are not liable to motor vehicle tax." The court's decision, which is a significant victory…

The DGFT has lowered the "Minimum Export Price for natural honey." The move, which is a significant step towards a more user-friendly and less intrusive tax environment, is aimed…

The Supreme Court is set to hear the revenue's appeal against a "CESTAT ruling" and "Schindler India" on "service tax vs. VAT." The case is a significant development in the legal…

The CESTAT has exposed a "blunder" by Customs and has overturned the "seizure of gun-shaped lighters," which were seized using "Australian weapons law." The tribunal's decision,…

The AAR has ruled that "PVC raincoats" are classified as "plastic articles," not "textiles," and attract an "18% GST." The ruling is a significant step towards a more transparent…

The CESTAT has ruled that an "old CENVAT Rule 6 5 " is "still applicable" and has ordered a "recalculation on a decade-old service tax credit dispute." The tribunal's decision,…

The CESTAT has remanded a case, slamming the authority for "blindly trusting an income tax return" over "evidence." The tribunal's decision, which is a significant victory for the…

The CESTAT has overturned a "diesel seizure," ruling that a "lab test trumps a confession" in a "classification dispute." The tribunal's decision, which is a significant victory…

Nazara has terminated its deal with i3 Interactive to buy a stake in Moonshine. The company's shares are a crucial reminder to all investors that they must be diligent in their…

Leap India has filed for a ₹2,400 crore IPO with a KKR-led ₹2,000 crore OFS. The company's shares are a crucial reminder to all investors that they must be diligent in their…

Flipkart is facing a preliminary GST probe over alleged fraudulent billing practices. The investigation, initiated by tax authorities, is focused on a network of sellers allegedly…

The CESTAT has provided relief to ITC Ltd., ruling that "quicklime with 92% purity" is classifiable under "quicklime," not as "other inorganic chemicals." The tribunal's decision,…

The CESTAT has ruled in favor of Syntel in a key tax refund case, upholding its status as an SEZ unit on "input service classification." The tribunal's decision, which is a…

The AAR has ruled that "market leasing by a panchayat" is a "constitutional function," not a "supply of goods/services under GST." The ruling is a significant step towards a more…

The CESTAT has ruled that the "denial of a refund by invoking Rule 91B of CENVAT Credit Rules" "without fraud or suppression" is "invalid." The tribunal's decision, which is a…

The GSTAT has held a "distributor of L'Oreal India products" guilty for "not passing GST rate cut benefits to consumers." The move is a significant step towards a more transparent…

The Muzaffarnagar police have busted a "₹1,300 crore GST evasion racket" that was using "fake e-way bills." The bust is a significant step towards curbing tax evasion in the…

The GoM is split on the "compensation cess mechanism" and may propose "two alternatives." The move is a significant step towards a more user-friendly and less intrusive tax…

The ITAT has ruled that a "CITA is obligated to dispose of an appeal on merits" and "cannot dismiss it on non-prosecution of an assessee." The tribunal's decision, which is a…

The Karnataka High Court has issued a "notice to the Centre" on A23's plea against the "gaming law." The company's decision is a crucial reminder to all businesses that they must…

The ITAT has directed the Assessing Officer AO to "re-consider a claim conditionally," after a "concessional tax rate under Section 115BAA" was "denied due to non-filing of Form…

The CESTAT has ordered a refund with interest, ruling that a "refund cannot be adjusted against a disputed penalty" when a "25% reduced penalty" was "paid within the time." The…

The AAR has ruled that it is "not lawful for an applicant to raise an invoice without GST for housekeeping services to IIITDM." The ruling is a significant step towards a more…

The ITAT has provided relief to Thermo Fisher, allowing a "depreciation claim on supply and maintenance contracts" acquired via a "slump sale." The tribunal's decision, which is a…

The Madras High Court has dismissed a petition by a "Commercial Taxes Officer," finding "no perversity or bias in disciplinary findings." The court's decision, which is a…

The Madras High Court has set aside a customs order, finding a "verbatim reproduction of contents of an SCN" and "no independent reasoning." The court's decision, which is a…

The AAR has ruled that "housekeeping services to IIITDM are not exempt from GST" as they are "unrelated to sanitation/solid waste management." The ruling is a significant step…

The CESTAT has dismissed a transport finance company's plea, confirming the taxability of "financial collection services." The tribunal's decision, which is a significant victory…

The Finance Ministry has updated the "customs tariff values" for "palm oil, soybean oil, gold, silver, and areca nut." The move, which is a significant step towards a more…

The Madras High Court has granted a "final opportunity" to a CHA, who was issued a "2% TDS demand," as "no proof was filed for an exemption." The court's decision, which is a…

The Finance Ministry has notified "draft amendments" to the "Indian Insurance Companies Foreign Investment Rules, 2015." The move is a significant step towards a more…

The Supreme Court is set to decide if "chartered flights are passenger transport or aircraft hire," which will impact "GST ITC." The case is a significant development in the legal…

The AAR has ruled that the "supply of medicines to in-patients by a pharmacy" "amounts to a composite supply" that is "exempt from GST." The ruling is a significant step towards a…

The ITAT has directed an Assessing Officer AO to "verify cash deposits claimed from a building material business" as the "assessee could not substantiate turnover beyond returns."…