Sorted by Latest
The Calcutta High Court has ruled that issues of "misjoinder of parties" and "incorporation by reference" fall within the purview of the arbitral tribunal. This significant…
The Gujarat High Court has limited an Income Tax addition, ruling that the Assessing Authority AA "cannot tax entire disputed purchase transactions as bogus." This significant…
The Chennai ITAT has, for the first time, applied the "surviving period rule" to quash an Income Tax reassessment notice. This significant ruling provides a new ground for…
The PIB Press Information Bureau has warned against fake e-PAN card emails, with the Income Tax Department also warning of a phishing scam. This alert highlights a persistent…
The Bombay High Court has ruled that a Section 79 GST recovery notice issued to a bank "without prior notice to the assessee is void." Section 79 allows tax authorities to recover…
In a win for Ford India, the Supreme Court has allowed "transitional credit" even if not reflected in the electronic credit ledger on the refund date. Transitional credit allows…
The ITAT has granted a school principal a hearing in a tax case, citing "procedural lapses." This decision highlights the tribunal's role in ensuring fair and proper conduct of…
The Madras High Court has ruled that the GST department "must grant time extension for submitting additional documents when sought." This crucial decision reinforces the principle…
The Madhya Pradesh High Court has set aside a GST SCN Show Cause Notice and order because the notice merely reproduced Section 29 2E instead of stating a clear reason for…
The Madras High Court has set aside an order and remanded for fresh consideration because the SCN Show Cause Notice reply lacked supporting documents due to non-availability. This…
The MCA Ministry of Corporate Affairs has amended the CSR Corporate Social Responsibility policy rules and introduced a new CSR-1 e-form. These changes aim to enhance…
The ITAT has remanded a case for fresh hearing due to the assessee's failure to submit evidence. This decision highlights the importance of taxpayers providing adequate…
SBI has won before CESTAT on a service tax demand for "interchange and free ATM services," with the Supreme Court to hear a related appeal together. This significant ruling…
The MCA Ministry of Corporate Affairs has amended the CSR Corporate Social Responsibility policy rules and introduced a new CSR-1 e-form. These changes aim to enhance…
Zepto is set to raise $500 million at a 40% higher valuation. This substantial funding round signifies strong investor confidence and rapid growth for the quick commerce startup.…
India's merger and acquisition M&A and private equity PE deal value slumped in April-June due to global headwinds. This decline indicates a cautious investment climate, influenced…
The Madras High Court has ruled that the DRT Debt Recovery Tribunal is not bound by the CPC Code of Civil Procedure , citing Section 22 of the RDB Act Recovery of Debts and…
The CBDT Central Board of Direct Taxes has made Aadhaar OTP One Time Password mandatory for updating email and mobile numbers linked to PAN Permanent Account Number . This new…
JSW Ventures is looking to float its third fund, targeting ₹450 crore. This signifies the continued expansion of JSW Ventures' investment activities in the startup ecosystem.…
TNRERA Tamil Nadu Real Estate Regulatory Authority has cracked down on misleading ads, banning terms like "terms and conditions apply" and travel time claims from landmarks. This…
Indigo's VC arm has marked the "first close of its maiden fund at ₹450 crore." This signifies a crucial milestone for the new venture capital fund, indicating successful initial…
Reliance's Jio Platforms has reportedly put its IPO Initial Public Offering on hold. This significant development indicates a strategic reassessment by the conglomerate regarding…
Varthana has secured ₹159 crore in debt funding to scale affordable schools and boost green infrastructure. This significant financial injection highlights a growing trend of…
Another Bombay High Court judge has recused from the HDFC Bank CEO's plea to quash an FIR. This development indicates a continued challenge in constituting a bench to hear the…
Belong has raised $5 million to provide fintech solutions for Non-Resident Indians NRIs via GIFT City. This funding injection indicates significant investor confidence in the…
The Delhi High Court has restrained the "misuse of Reliance Retail's 'TIRA' mark by imposters." This ruling signifies a victory for Reliance Retail in protecting its intellectual…
The Kerala High Court has ruled that a notice sent via WhatsApp is "invalid under the GST Act." This repetition of a previous news item underscores the importance of the ruling.…
The Rajasthan High Court has ordered an "Asaram Bapu bail extension." This decision pertains to a high-profile criminal case, where the court granted an extension to an existing…
The Bombay High Court has ruled that the ED Enforcement Directorate "can lodge cases under PMLA while relying on predicate offenses under BNS Bharatiya Nyaya Sanhita as it…
The Delhi High Court has expressed concerns regarding "public access and media access" to CIC Central Information Commission hearings via VC video conferencing due to…
The Karnataka High Court has ruled on a married woman's income certificate, clarifying "father's income vs. husband's income." This significant ruling likely addresses situations…
The Karnataka High Court has relegated Prajwal Revanna's bail plea in a rape case to the Sessions Court, imposing a 10-day deadline. This decision signifies a procedural step in a…
The Jammu & Kashmir High Court has ruled that a Magistrate is "sufficiently empowered to grant ex-parte relief" even in the absence of a Domestic Incident Report DIR under the DV…
The CESTAT has ruled that demand under Section 73A of the Finance Act is "unsustainable without proof of service tax collection." Section 73A deals with the recovery of service…
The Kerala High Court has ruled that revisional powers under Section 264 of the Income Tax Act are confined to existing orders and cannot issue directions to the Assessing…
The Kerala High Court has ruled that a notice sent via WhatsApp post-COVID is not valid under Section 169 of the CGST Act. This significant decision clarifies the acceptable modes…
The Kerala High Court has upheld a "triple tax" on unauthorized construction due to a lack of proof of a deemed permit. This ruling reinforces strict adherence to building…
The Calcutta High Court has ruled that issues of "misjoinder of parties" and "incorporation by reference" fall within the purview of the arbitral tribunal. This significant…
The NCLAT National Company Law Appellate Tribunal has ruled that a petition under Section 9 of the IBC cannot be rejected merely on a general dispute raised based on a single…
The Madras High Court has dismissed a petition against the imposition of penalty, but allowed 15 days to file an appeal despite the lapse of limitation, where GST was already…
The NCLAT National Company Law Appellate Tribunal has upheld the NCLT's National Company Law Tribunal condonation of a 26-day delay under the IBC Insolvency and Bankruptcy Code ,…
The Calcutta High Court has directed the GST department to provide an opportunity for hearing in an ex-parte order demanding GST based on a difference in turnover from an earlier…
The Madras High Court has ruled that the DRT Debt Recovery Tribunal is not bound by the CPC Code of Civil Procedure , citing Section 22 of the RDB Act Recovery of Debts and…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that the extraction, crushing, and sizing of coal amount to manufacture and are not liable to service tax…
The Income Tax Appellate Tribunal ITAT has condoned a five-year delay in income tax appeals filed by the Institute of Nephro-Urology, quashing the CIT A /NFAC order for ignoring…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has remanded a matter to the Commissioner concerning the classification of offshore services as either export or…
A Chartered Accountant CA has been arrested in connection with a massive ₹750 crore fake loan app scam. This serious development highlights the involvement of financial…
The CBDT Central Board of Direct Taxes has made Aadhaar OTP One Time Password mandatory for updating email and mobile numbers linked to PAN Permanent Account Number . This new…
Smartworks has raised ₹174 crore from anchor investors. This significant pre-IPO funding round is a strong vote of confidence for the co-working space provider. Anchor investors…
Smartworks has raised "$20 million from anchor investors." This pre-IPO funding round is a significant boost for the co-working space provider. Anchor investors are typically…
The Calcutta High Court has ruled that issues of "misjoinder of parties" and "incorporation by reference" fall within the purview of the arbitral tribunal. This significant…
Showing 50 of 42930 updates