News & Judgements

The ITAT has ruled that a "bogus LTCG addition under Section 68 is not sustainable," validating a demerger-allotted shares transaction, citing the genuineness of the documentary…

The Delhi High Court has dismissed a petition against a DRAT order, ruling that the "liability of a deceased guarantor to repay a debt shall fall upon the legal heirs who were a…

The NCLAT has dismissed an "impleadment plea" in a CIRP cost dispute that arose after a resolution plan had already been approved. The tribunal found that once a resolution plan…

The NCLAT has dismissed an insolvency plea over an "export dispute," citing pre-existing contractual issues. The tribunal's decision was based on the fact that the dispute was not…

The CESTAT has ruled that "mining services between distinct entities are taxable," rejecting a refund claim. The tribunal found that the services were not a "self-service" but a…

The CESTAT has quashed a ₹3.06 crore "extended period service tax demand and penalty" against a coaching centre, ruling that the centre had "no intent to evade tax." The tribunal…

The Supreme Court has reopened the IBM India case to decide whether "payments to IBM Philippines are taxable as technical services, despite DTAA protection." The apex court's…

The Delhi High Court has transferred a "winding up petition" to the NCLT after a liquidator had already been appointed. The court's decision was based on the fact that the NCLT…

The CESTAT has ruled that a manufacturer "cannot pay duty on one brand and claim a SSI exemption on another" in the same financial year. The tribunal found that the law requires a…

The Supreme Court has rejected a petition from HUDCO, ruling that "loans qualify as NPAs after 180 days of default under Income Tax Rules, not 90 days per NHB guidelines." This…

The CESTAT has ruled that "bus services for transporting employees and school children qualify for service tax exemption" under a specific notification. The tribunal found that…

Kaynes is planning a ₹5,000 crore electronic parts facility in Tamil Nadu. The investment is a significant development for the state's manufacturing sector and is expected to…

Ather Energy has posted a revenue of ₹645 crore in Q1 FY26, with its losses remaining flat. The financial results, which show a robust revenue growth but persistent losses,…

Swiggy has launched "Deskeats" to tap into the office-goers market in 30 cities. The new service, which is aimed at corporate employees, is a strategic move by the company to…

TBO Tek has posted a revenue of ₹511 crore in Q1 FY26, with its profits remaining flat. The company's financial results, which show strong revenue growth but a lack of profit…

Antfin is reportedly planning a ₹3,800 crore block deal to exit Paytm. This planned exit is a significant development for both companies and signals a major shift in Paytm's…

Mitigata, a cybersecurity startup, has bagged $5.9 million to offer "cybersecurity and insurance solutions." The funding is a significant boost for the company and highlights the…

Mahindra has received relief from CESTAT, which ruled that "CENVAT credit on factory canteen services is admissible," except for amounts recovered from employees. The tribunal's…

The ITAT has directed the Assessing Officer AO to delete the surcharge and cess that were "wrongly levied on income below ₹50 lakh." The tribunal found that the AO's levy was…

Haryana RERA has clarified that homebuyers who choose to stay in a project cannot seek compensation and has dismissed a claim against BPTP. The authority's decision was based on…

The Supreme Court has upheld a High Court decision to quash a show cause notice SCN on the "taxability of affiliation fees collected by universities," dismissing the DGGIs' SLP.…

The IBBI has canceled the registration of a valuer for "suppressing criminal proceedings" in their application. The board's action underscores the importance of honesty and…

The Punjab and Haryana High Court has raised the question of "whether an accused can be denied bail in a tax fraud case" under the CGST Act just because the investigation is…

The Karnataka High Court has quashed a corruption case against a BESCOM driver, finding that the prosecution had failed to provide sufficient evidence. The court's decision…

The Bombay High Court will begin its sittings in Kolhapur from August 18, 2025. The decision to establish a new circuit bench is aimed at making the justice system more accessible…

The Rajasthan High Court has given a key ruling on "electronic evidence and Section 17A sanction" under the Prevention of Corruption Act. The court clarified that a sanction is…

The Delhi High Court has ruled that a "consolidated SCN for multiple financial years is necessary to establish wrongful availment of ITC." The court found that a single SCN, which…

The Rajasthan High Court has ruled in favor of "equal inheritance rights for tribal daughters" under the Hindu Succession Act. The court's decision is a significant step towards…

The Allahabad High Court has taken a serious view of "criminal contempt" and has initiated proceedings against a person for "threatening a PIL petitioner." The court's action is a…

The Supreme Court has refused to hear former Chhattisgarh CM Bhupesh Baghel's plea against "piecemeal probes" but will hear his challenge to the PMLA. The court's decision…

The Madhya Pradesh High Court has ruled that a "District Magistrate can re-execute possession orders under the SARFAESI Act" after an illegal re-entry by a borrower. The court's…

Practo, a health-tech startup, is eyeing global markets after posting six consecutive profitable quarters, with pilot projects underway in the US. The company's expansion strategy…

A mediation between Dabur and Patanjali has failed in a "Dant Kanti Red" trademark case. The failure of the mediation means that the legal battle will continue in court. The…

The Supreme Court has doubted a view that "no-fault liability under the Motor Vehicles Act is only for third-party risks" and has referred the matter to a larger bench. The…

The Delhi District Commission has held Alliance Air Aviation liable for a flight delay, ruling that it caused "mental agony to passengers." The commission's decision underscores…

The Allahabad High Court has dismissed a petition challenging a "best judgment assessment" by the Income Tax department, citing the "absence of contrary proof." The court found…

Blackbuck, a B2B trucking marketplace, has received a nod from IRDAI Insurance Regulatory and Development Authority of India to act as an "insurance corporate agent." This new…

Kinara Capital, a fintech startup, is reportedly facing a liquidity crunch after some lenders issued loan recall notices. The development, which is a significant setback for the…

The Competition Commission of India CCI has rejected a complaint from the Alliance of Digital India Foundation ADIF against Google's advertising policies. The CCI's decision…

The Madras High Court has barred the use of living persons' names, former Chief Ministers' photos, and party symbols in government scheme advertisements. The court's decision is a…

A trial court has sentenced Prajwal Revanna to life imprisonment in a rape case. The conviction and sentencing are a major development in a high-profile case that had garnered…

The Delhi High Court has issued a permanent injunction against a company for trademark infringement, finding that the defendant's product was confusingly similar to "Ching's…

The Delhi High Court has denied bail in a POCSO case, ruling that "mere public outcry or media coverage can't diminish the gravity of the offence." The court's decision was based…

The Gujarat High Court has imposed a cost of ₹25,000 on a man who posted "obscene pictures of his wife on social media." The court's order was based on the gravity of the offense…

The Calcutta High Court has ruled that "stock exchange and banking channels cannot mask sham transactions" to claim bogus capital loss. The court found that even though the…

The Calcutta High Court has ruled that the "mere incorporation of investing companies" under the Companies Act is "not enough to prove the genuineness of share transactions." The…

The ITAT has remanded a ₹30 crore unexplained credit matter back to the Assessing Officer AO after the taxpayer provided "additional evidence" to support the genuineness of a…

The Bombay High Court has granted anticipatory bail to individuals involved in a ₹4.4 crore customs duty evasion case involving undervalued walnut imports. The court's decision…

The NCLAT has dismissed an appellant's plea for Small Cause Court jurisdiction, ruling that a liquidator can recover possession of a property. The tribunal found that the…

The Kerala High Court has allowed a writ petition despite the availability of an IBC remedy, citing that the NCLT order was "passed in violation of natural justice." The court…