The NCLT has ruled that it "cannot suo moto restore the name of a struck-off company under the Companies Act." The court’s decision clarifies the scope of the NCLT's powers. The…
08/08/20251 min read
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The NCLT has ruled that it "cannot suo moto restore the name of a struck-off company under the Companies Act." The court’s decision clarifies the scope of the NCLT's powers. The…
The ITAT has set aside a CITA's dismissal, ruling that it "mistook an appeal against a Section 143 1 intimation as a Section 154 order," and has remanded the case for fresh…
The Bombay High Court has upheld the state's power to "levy entertainment duty on online ticket booking charges above ₹10," dismissing FICCI's writ petition. The court’s decision…
The NCLT has ruled that "FD amounts to an asset of a corporate debtor" and has allowed the RP to take custody. The tribunal's decision provides much-needed clarity on a…
The ITAT has remanded a "cash deposit case for fresh adjudication" after noting that the "tax consultant's negligence and rural location" caused a 253-day delay in filing an…
The Chhattisgarh High Court has ruled that the "State and Centre cannot initiate GST proceedings on the same issue," upholding a ₹120 crore CGST RCM demand on SECL. The court’s…
The CESTAT has granted "partial relief to British Airways," upholding service tax on excess baggage charges for a normal period but dropping the demand for an extended period. The…
Vodafone Idea faces a "₹21.39 crore GST demand" for alleged short payment under the Reverse Charge Mechanism RCM . The company has been accused of underpaying tax on services…
The NCLT has approved a ₹185 crore revival plan for Lokshakti Sugar, with the Geetanjali Sugar consortium winning the bid. The court's decision is a significant step towards the…
The Orissa High Court has granted "conditional relief in a delayed GST appeal," directing the petitioner to deposit 10% of the tax within a week. The court's decision balances the…
The Delhi High Court has directed the GST department to upload an amended GST DRC-07 within two weeks, as a taxpayer was "unable to avail the amnesty scheme" without it. The…
The CESTAT has ruled that "MRP labelling is not mandatory for industrial use" or for packages above 25 kg/litre, in the BEML case. The tribunal’s decision provides significant…
An accountant has been arrested for hacking a firm's GST portal and siphoning off ₹1.80 crore with fake invoices. This incident highlights the vulnerabilities in the digital tax…
The CBIC has updated the list of "authorised officers for food imports" across 165 locations. This action is aimed at streamlining the process of food imports and ensuring…
The CGST Delhi South Commissionerate has uncovered "₹16.30 crore GST evasion" by three firms, with a key accused arrested. The investigation revealed that the firms were…
The CBDT has granted income tax exemption to the "Uttarakhand Pollution Control Board" under section 10 46 of the Income Tax Act, 1961. This move signifies the government's…
The Supreme Court has upheld the NCLT's decision that the "voluntary surrender of a corporate debtor's leased property to the lessor is not barred by the IBC moratorium." The…
The Kerala High Court has ruled that KVAT is not leviable on "hoarding displays" where there is no transfer of the right to use the hoardings. The court's decision provides…
The Jharkhand High Court has quashed a GST appellate order, ruling that an "inscrutable face of the sphinx cannot guide justice" and stressed the duty to give reasons. The court's…
The Calcutta High Court has upheld a CESTAT order to refund ₹7.98 crore to Raymond Apparel, which was paid as customs duty under protest. The court’s decision provides a…
The NCLT, Kolkata, has ruled that "electricity cannot be disconnected at a corporate debtor's plant when assets are put on auction." The tribunal’s decision is aimed at maximizing…
The Delhi High Court has ordered WazirX's parent company to "disclose Binance acquisition papers." The court's decision is a significant development in the ongoing legal dispute…
The Madras High Court has ruled that the GST Council's Notification 56/2023 is "illegal" and has set aside several GST orders, taking note of the Tata Play ruling. The court’s…
The NCLT has approved a ₹185 crore revival plan for Lokshakti Sugar, with the Geetanjali Sugar consortium winning the bid. The court's decision is a significant step towards the…
The Calcutta High Court has ruled that the "rejection of claims by writ courts over disputed issues does not bar reference to arbitration when an arbitration clause exists." The…
The ED is probing a Bhopal firm under the PMLA for allegedly "inflating its turnover by 100% to avail ₹12.66 crore from SBI." The investigation highlights the increasing scrutiny…
The Karnataka High Court has ruled that the "seat court of arbitration retains jurisdiction over execution proceedings, irrespective of the location of the judgment debtor's…
The Delhi High Court has ruled that "restraining a breaching party from activities barred by a shareholders' agreement is not prohibited under Section 27 of the Contract Act." The…
The Calcutta High Court has ruled that the "mere use of the expression 'arbitration' is insufficient to constitute a binding arbitration agreement." The court's decision provides…
The Baramulla Consumer Commission has held Bajaj Allianz General Insurance liable for "deficiency in services" and has directed it to pay ₹3 lakh. The commission’s decision…
The Supreme Court, while reviewing a PMLA verdict, has stated that the ED "can't act like a crook" and that the court is "concerned about its image." The court's remarks are a…
The Delhi District Commission has held Indigo Airlines liable for "unhygienic and stained seats," directing it to compensate a passenger. The commission’s decision underscores the…
The Orissa High Court has granted "conditional relief in a delayed GST appeal," directing the petitioner to deposit 10% of the tax within a week. The court's decision balances the…
The Supreme Court has questioned the ED's conviction rate and has raised concerns about "sentencing without trial." The court's remarks are a strong message to the Enforcement…
The Delhi High Court has directed the GST department to upload an amended GST DRC-07 within two weeks, as a taxpayer was "unable to avail the amnesty scheme" without it. The…
The CESTAT has ruled that "MRP labelling is not mandatory for industrial use" or for packages above 25 kg/litre, in the BEML case. The tribunal’s decision provides significant…
An accountant has been arrested for hacking a firm's GST portal and siphoning off ₹1.80 crore with fake invoices. This incident highlights the vulnerabilities in the digital tax…
Former promoters of Bhushan Power have approached the Supreme Court, stating they "don't want liquidation" and instead want a "fresh resolution process." This appeal highlights…
The Madras High Court has ruled that a "digital marketing business carried out via computers cannot be treated as a profession" and has restored an audit exemption under Section…
The Orissa High Court has excused a 15-day delay in filing an appeal, citing a "miscalculation of the limitation period." The court’s decision was based on the fact that the…
The Income Tax Department has detected an undisclosed income of ₹30,444 crore in FY25 through 465 surveys, highlighting a significant effort to curb tax evasion. This action by…
The CESTAT has ruled that "drawback is not allowed where the refund exceeds the market value of the goods." The tribunal's decision clarifies a key procedural aspect of customs…
The Madras High Court has ruled that "digital marketing is a business, not a profession," and therefore, an audit report is not required for a turnover below ₹5 crores. The…
The proposed Income Tax Bill 2025 may not offer an exemption for "fast-track demergers," which could significantly impact startups. The move could lead to a higher tax burden for…
The Gauhati High Court has ordered the restoration of GST registration for a businessman who missed the deadlines. The court's decision was based on the fact that the businessman…
The CESTAT has ruled that the "Paytm Soundbox is a 2G device, not 4G/LTE compliant," and has quashed a customs duty demand against One97 Paytm . The tribunal's decision provides…
The AAR has clarified that a "composite sale deed execution does not fall under Schedule III as a sale of land" for GST on construction under JDA. The ruling provides much-needed…
The Chhattisgarh High Court has ruled that "Input Tax Credit ITC is not available on cess for electricity supplied to a residential township." The court’s decision clarifies a…
The NCLT, Mumbai, has ruled that there is "no bar on compounding an offence" under Section 441 of the Companies Act if it is punishable with a fine only. The tribunal’s decision…
The CESTAT has ruled that a "corrigendum issued after five years to an original SCN" amounts to a fresh notice and has quashed a demand against JSW Steel as time-barred. The…
The NCLT has ruled that it "cannot suo moto restore the name of a struck-off company under the Companies Act." The court’s decision clarifies the scope of the NCLT's powers. The…
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