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Mahindra Holidays & Resorts India Ltd., operating as Club Mahindra, has received a tax demand notice totaling ₹363 crore. The notice is likely related to discrepancies or…
The Himachal Pradesh government has sought a waiver of a ₹5 lakh fine imposed by the High Court. While the specific case or reason for the fine is not detailed in the snippet,…
E-commerce platform Meesho has received board approval to raise ₹4,250 crore approximately $510 million through an Initial Public Offering IPO . This significant move indicates…
Curefoods, a prominent cloud kitchen and food brand aggregator, reported a robust revenue of ₹746 crore in Fiscal Year 2025. Notably, its dessert-led income segment demonstrated…
Infra.Market, a prominent B2B marketplace for construction materials, has successfully secured a substantial $150 million in funding from Mars Growth Capital. This significant…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has clarified that rectification applications filed under Section 74 of the Finance Act can indeed extend the…
The Himachal Pradesh High Court, in a significant ruling by Justice Virender Singh, stated that anticipatory bail cannot be denied under Section 18 of the Scheduled Castes and…
Mahindra Holidays & Resorts India Ltd., operating as Club Mahindra, has received a tax demand notice totaling ₹363 crore. The notice is likely related to discrepancies or…
Eggoz, an agritech startup focused on the egg supply chain, is set to raise ₹125 crore approximately $15 million in funding from Gaja Capital and other investors. This capital…
The Singapore International Arbitration Centre SIAC has awarded ₹24 crore in damages to Amazon in its protracted legal battle against Future Group. This award stems from Amazon's…
The Kirloskar family has moved the Bombay High Court to challenge recent amendments to SEBI's disclosure requirement regulations. The specific details of the amendments being…
Amul has emerged as India's leading food brand with a valuation of $4.1 billion, according to a recent report. Mother Dairy follows as the second most valuable food brand in the…
Despite recent rate cuts by the Reserve Bank of India RBI , Indian banks are reportedly maintaining their credit growth guidance for FY26. This cautious stance suggests that banks…
The Himachal Pradesh government has sought a waiver of a ₹5 lakh fine imposed by the High Court. While the specific case or reason for the fine is not detailed in the snippet,…
Eggoz, an agritech startup focused on the egg supply chain, is set to raise ₹125 crore approximately $15 million in funding from Gaja Capital and other investors. This capital…
The Singapore International Arbitration Centre SIAC has awarded ₹24 crore in damages to Amazon in its protracted legal battle against Future Group. This award stems from Amazon's…
The Singapore International Arbitration Centre SIAC has awarded Amazon $237 million approximately ₹1,970 crore in damages, along with $7.7 million ₹64 crore in legal costs,…
The Delhi High Court recently ruled that a party who unilaterally appoints an arbitrator is not precluded from challenging that appointment under Section 12 5 of the Arbitration…
The General Insurance Corporation of India GIC Re , the country's largest reinsurer, is facing a VAT demand of approximately ₹90.42 crore from the Federal Tax Authority FTA in…
Legendary investor Warren Buffett is set to donate another $6 billion to five foundations, continuing his long-standing commitment to philanthropy. While specific details about…
The Delhi High Court has clarified that the mere presence of an arbitration clause in an agreement does not automatically strip a civil court of its jurisdiction. A party seeking…
The Kirloskar family has moved the Bombay High Court to challenge recent amendments to SEBI's disclosure requirement regulations. The specific details of the amendments being…
The Singapore International Arbitration Centre SIAC has awarded Amazon $237 million approximately ₹1,970 crore in damages, along with $7.7 million ₹64 crore in legal costs,…
Venture capital firm Elevation Capital has acquired 2.03 lakh shares of Wakefit, a leading D2C Direct-to-Consumer home and sleep solutions brand, ahead of its anticipated Initial…
The MCD Municipal Corporation of Delhi has extended the deadline for a 10% property tax rebate. This extension offers further relief to property owners, encouraging timely tax…
The Himachal Pradesh High Court has directed the state to reimburse SGST incentive to Sylvan Greens by July 31, 2025, and ordered interest at 6% on any delay. This ruling provides…
The Himachal Pradesh High Court has upheld the acquittal in a cheque bounce case, noting the complainant's lack of financial capacity and non-impleadment of the society concerned.…
The Telangana High Court recently nullified the state government's decision to allot 3.70 acres of prime land in Hyderabad, free of cost, to the International Arbitration and…
The Delhi High Court recently declined to quash a Goods and Services Tax GST demand order, asserting that allegations of denied hearing are insufficient if the assessee failed to…
The Kerala High Court has ruled that an income tax assessment based on a Departmental Valuation Officer's DVO valuation cannot be revised under Section 263 of the Income Tax Act,…
E-commerce platform Meesho has received board approval to raise ₹4,250 crore approximately $510 million through an Initial Public Offering IPO . This significant move indicates…
The Delhi High Court recently ruled that a party who unilaterally appoints an arbitrator is not precluded from challenging that appointment under Section 12 5 of the Arbitration…
The Madhya Pradesh High Court has directed the GST Department to re-open its portal after a GST SCN Show Cause Notice uploaded under the 'Additional Notices' tab led to the…
The ITAT has ruled that ownership of property in the individual capacity of partners cannot be considered for Long Term Capital Gain LTCG exemption when transferred to their…
The CESTAT has ruled that foreclosure charges are not taxable as liquidated damages under Service Tax, allowing a refund for Sundaram Finance. The tribunal clarified that these…
The Delhi State Consumer Disputes Redressal Commission held DLF Gayatri Developers liable for significant delays in completing a housing project, ordering a refund of ₹15 lakhs to…
The Mumbai District Consumer Disputes Redressal Commission held Britannia Industries and its retailer liable for selling contaminated biscuit packets, ordering compensation. The…
The Income Tax Appellate Tribunal ITAT recently upheld the addition of ₹25 lakhs as unexplained investment under Section 69 of the Income Tax Act, 1961. This decision was based on…
The Central Board of Indirect Taxes and Customs CBIC has initiated significant GST reforms to simplify registration and filing for Micro, Small, and Medium Enterprises MSMEs in…
The General Insurance Corporation of India GIC Re , the country's largest reinsurer, is facing a VAT demand of approximately ₹90.42 crore from the Federal Tax Authority FTA in…
The Kerala High Court has ruled that a prior cutoff date is not applicable under Section 245C of the Income Tax Act for settlement applications. This means that taxpayers seeking…
The RBI has tightened KYC and monitoring rules for the Aadhaar Payment System AePS to prevent frauds. These enhanced measures aim to bolster the security and integrity of digital…
A Madras High Court ruling allowed a GST payer to contest an order under Section 74 of the CGST Act, alleging it was issued to circumvent the limitation period prescribed under…
The MCD Municipal Corporation of Delhi has extended the deadline for a 10% property tax rebate. This extension offers further relief to property owners, encouraging timely tax…
ONGC has received a ₹125 crore GST demand for alleged short payment of OID Oil Industry Development Cess. The demand suggests that tax authorities believe ONGC has underpaid the…
The Centre has initiated an anti-dumping probe into methyl acetoacetate imports from Switzerland and para tertiary butyl phenol from China and Taiwan. This investigation aims to…
The Punjab and Haryana High Court has ruled that a High Court cannot direct ICICI Bank to take possession of mortgaged property as a private bank is not a "State" under Article…
The Gauhati High Court has refused to allow the transfer of a financial fraud case by employees of Mahindra & Mahindra Finance to Assam. The court likely determined that the…
Philips India received relief from the ITAT, which upheld 30% depreciation on moulds used by exclusive vendors. The tribunal recognized that these moulds, though not directly used…
The Finance Ministry is considering an amendment to the Income Tax Bill 2025 to restore Section 80M for the 22% tax regime. This move aims to provide relief to companies that…
Mahindra Holidays & Resorts India Ltd., operating as Club Mahindra, has received a tax demand notice totaling ₹363 crore. The notice is likely related to discrepancies or…
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