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Aakash has sent a second legal notice to EY India over a conflict of interest. This indicates escalating tensions and a serious dispute between the education technology firm…
The Supreme Court has ruled that there is no insurance coverage for legal heirs if an accident is due to the rash driving of the deceased. This significant judgment clarifies the…
The Kerala High Court has ruled that an occupancy certificate is not final for plinth area determination under Section 6, upholding luxury tax under Section 5A of the Kerala…
The National Company Law Appellate Tribunal NCLAT has ruled that the limitation period for filing an application under Section 95 of IBC Insolvency and Bankruptcy Code against a…
The National Company Law Appellate Tribunal NCLAT has ruled that a single WhatsApp message raising a general dispute cannot become the foundation to reject a petition under…
The Calcutta High Court has ruled that arbitration can be initiated for employee contract termination containing both dispute resolution and termination clauses, if not a case of…
The Calcutta High Court has ruled that when parties cannot agree on rules governing arbitral proceedings in New Delhi, an independent clause conferring exclusive jurisdiction to…
The Kupwara District Consumer Commission has held Fairdeal Motors liable for deficiency in service due to failure to issue a genuine temporary registration. This ruling highlights…
The NCLAT has declared certain transactions as fraudulent under Section 66 of the IBC due to the corporate debtor's failure to diligently negotiate one-sided clauses in an MOU.…
The Calcutta High Court has ruled that arbitration can be initiated for employee contract termination containing both dispute resolution and termination clauses, if not a case of…
The Kupwara District Consumer Commission has held Fairdeal Motors liable for deficiency in service due to failure to issue a genuine temporary registration. This ruling highlights…
The National Consumer Disputes Redressal Commission NCDRC has held Cholamandalam General Insurance liable for deficiency in service, ruling that a delay in informing the insurer…
The Income Tax Appellate Tribunal ITAT has overturned a lakh addition, ruling that business receipts are a substantiated source of cash deposit. This decision provides significant…
The Income Tax Appellate Tribunal ITAT has upheld a Section 68 addition and dismissed a claim after a co-operative bank failed to prove the identity and creditworthiness of…
The Income Tax Appellate Tribunal ITAT has remanded a case for reconsideration after the assessee submitted cash summaries, an audit report, and valuation documents. This decision…
The Income Tax Appellate Tribunal ITAT has quashed a PCIT's Principal Commissioner of Income Tax revision order, upholding that the Assessing Officer AO had conducted a detailed…
The Income Tax Appellate Tribunal ITAT has quashed a PCIT's Principal Commissioner of Income Tax revision order, upholding that the Assessing Officer AO had conducted a detailed…
The Madras High Court has dismissed a writ petition challenging a tender-cum-auction sale notice under the SARFAESI Act, citing the availability of a remedy under the statute.…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has allowed customs duty exemption on HIV test kits, classifying them as life-saving diagnostic kits. This crucial…
An individual has applauded the Income Tax team as their ITR was processed and refund credited within hours of filing. This positive feedback highlights a remarkable improvement…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that reimbursed diesel expenses on actuals are non-taxable under Service Tax, and has reduced the penalty.…
The Income Tax Appellate Tribunal ITAT has remanded a case for de novo adjudication because the CITA Commissioner of Income Tax Appeals ignored the reply and computation showing…
The Finance Ministry has extended National Pension System NPS tax benefits to the Unified Pension Scheme UPS for Central Government Employees. This significant policy change aims…
Bank of Baroda has waived charges on non-maintenance of MAB Minimum Average Balance . This customer-friendly move by the public sector bank provides significant relief to account…
The Calcutta High Court has remanded a matter for fresh adjudication, as a GST order incorrectly recorded that the taxpayer did not file a reply. This decision provides…
The Madras High Court has reiterated that writ jurisdiction is not maintainable when an alternative remedy is contemplated under the SARFAESI Act. This consistent stance by the…
The Madras High Court has remanded a matter because the Debt Recovery Appellate Tribunal DRAT decided the question of the nature of property agricultural land or not without…
The Madras High Court has dismissed a writ petition challenging a tender-cum-auction sale notice under the SARFAESI Act, citing the availability of a remedy under the statute.…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has allowed customs duty exemption on HIV test kits, classifying them as life-saving diagnostic kits. This crucial…
The Income Tax Appellate Tribunal ITAT has ruled that selecting the wrong income tax section/code/clause would not disentitle an appellant to a rightful claim, directing a de novo…
The Calcutta High Court has ruled that the classification of service under 'insurance auxiliary service' is not maintainable before the High Court. This decision clarifies…
The Madras High Court has ordered a refund and stayed recovery, ruling that the Income Tax Department arbitrarily recovered demand from a refund while an appeal was pending. This…
The Madras High Court has ruled that export incentive cannot be denied for a technical breach of GST, ordering excess penalty to be adjusted against future tax liability. This…
The Calcutta High Court has remanded a matter for fresh adjudication, as a GST order incorrectly recorded that the taxpayer did not file a reply. This decision provides…
The Orissa High Court has invalidated an ex-parte order, ruling that no two assessment orders for the same tax period can operate simultaneously. This significant decision upholds…
The Maharashtra government has tabled a GST Amendment Bill, aligned with the Centre's Finance Act. This legislative move aims to bring the state's Goods and Services Tax laws in…
The Himachal Pradesh High Court has upheld a trial court's decision to record pre-charge evidence, ruling that GST Act proceedings are governed by CrPC Code of Criminal Procedure…
The Calcutta High Court has granted an opportunity to a taxpayer to file a reply to a GST SCN, as the taxpayer failed to respond due to illness and 30% disability. This…
Eternal has appointed Aditya Mangla as the new CEO of its food delivery business. This strategic leadership change indicates a focus on bolstering and expanding Eternal's presence…
The Debt Recovery Appellate Tribunal DRAT has ruled that realization of debt due by a company is possible even if the company stands dissolved under the Companies Act. This…
The Income Tax Appellate Tribunal ITAT has ruled in favor of Bangalore Credit Co-operative Society, allowing deduction on interest income from co-operative banks. This significant…
The Orissa High Court has denied pre-arrest bail to a GST facilitation operator who allegedly diverted clients' entrusted funds meant to clear GST dues. This decision underscores…
National Fertilizers Ltd NFL has received a Show Cause Notice SCN for alleged wrong GST refunds. This notice indicates that tax authorities suspect NFL has claimed or received…
The RBI has amended FEMA regulations to permit the temporary export of offshore support vessels with a re-import requirement. This significant regulatory change facilitates…
The Madras High Court has intervened in favor of a taxpayer, quashing a GST demand order issued without stating reasons. This significant ruling reinforces the fundamental…
The Income Tax Appellate Tribunal ITAT has set aside best judgment assessment orders and ordered fresh hearings, noting the prior grant of an exemption. This significant ruling…
The Madras High Court has allowed a GST appeal to be filed despite a missed deadline and rejected rectification, subject to an additional 10% pre-deposit. This decision…
The Ministry of Corporate Affairs MCA has replaced Form LEAP-1 and notified an amendment to the Companies Listing of Equity Shares in Permissible Jurisdictions Rules. This…
A CBI court has convicted two individuals for a fraudulent duty drawback claim after 20 years. This long-running case highlights the persistent efforts of investigative agencies…
The Madras High Court has granted an opportunity for hearing and production of BRCs Bank Realisation Certificates or CA certificates to a tapioca exporter, as SCN Show Cause…
Aakash has sent a second legal notice to EY India over a conflict of interest. This indicates escalating tensions and a serious dispute between the education technology firm…
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