Sorted by Latest
In a major boost for Chartered Accountancy CA aspirants, the Indira Gandhi National Open University IGNOU has issued a notification that enables the transfer of credits for…
The eyewear retail giant Lenskart has informed the Delhi High Court that its use of the "Titan" trademark on its website was an "inadvertent mistake." The statement was made…
The Chhattisgarh High Court has rejected the bail application of a man accused of being the mastermind behind a massive Rs 411 crore medical procurement scam. The court,…
The Bombay High Court has ruled that elderly parents cannot be compelled to allow their adult son and daughter-in-law to stay in their house against their wishes. The court upheld…
In a progressive judgment, the Rajasthan High Court has upheld the right of a minor rape victim to continue with her pregnancy, even without the consent of her guardian. The court…
The Rajasthan High Court, in a significant judgment, has clarified the scope of the police's power to freeze bank accounts under Section 102 of the Code of Criminal Procedure CrPC…
The Andhra Pradesh High Court has ordered the state police to provide protection to a manufacturing unit of India Cements Ltd. The court's decision was based on the principle that…
The Calcutta High Court has ruled that an arbitrator cannot be impleaded as a party in an application for the enforcement of an arbitral award under Section 36 2 of the…
The Madhya Pradesh High Court has ruled on the maintainability of a habeas corpus petition in a child custody case. A habeas corpus writ is typically used to demand that a person…
The Calcutta High Court has clarified the conditions under which a court can grant an injunction to secure the amount in dispute before passing an arbitral award. The court ruled…
The National Consumer Disputes Redressal Commission NCDRC has held a builder in Barnala, Punjab, liable for a deficiency in service. The case was filed by homebuyers who had faced…
The Reserve Bank of India RBI has imposed a monetary penalty of Rs 29.6 lakh on Fino Payments Bank for violating a licensing rule. The penalty was levied because the payments bank…
The Maharashtra Authority for Advance Rulings AAR has held that the construction of a new transmission bay or express feeder for the Maharashtra State Electricity Company will be…
The Maharashtra Authority for Advance Rulings AAR has ruled that the construction of Extra High Voltage EHV substations and lines for a dedicated user of the Maharashtra State…
In a ruling on service tax classification, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has held that merely booking an income under the head "service charge" in…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that a co-operative housing society is eligible for an abatement or exemption of 75% on its service tax…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled on the applicability of Section 28AAA of the Customs Act, which deals with the recovery of duties from…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that a statement recorded from a person under Section 108 of the Customs Act is not automatically…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has set aside a penalty that was imposed under Section 114AA of the Customs Act for the "lending" of an…
The Income Tax Appellate Tribunal ITAT has allowed the Goregaon Education Society to claim tax exemption under Section 11, despite a delay in filing the required Forms 9A and 10.…
The Central Board of Direct Taxes CBDT has issued a notification exempting certain payments made to units located in the International Financial Services Centre IFSC from the…
In a case involving Transocean Offshore, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has remanded its appeals back to the Commissioner Appeals for a de novo…
There are reports that the technology giant Apple is considering the acquisition of the AI-powered search startup, Perplexity. Perplexity has gained significant traction for its…
The Income Tax Appellate Tribunal ITAT has restored the registration application of a trust under Section 12AB of the Income Tax Act. The tribunal found that the application was…
The Jharkhand High Court has granted a woman a monthly alimony of Rs 90,000 after an RTI application revealed her husband's true annual income to be Rs 21 lakh. The husband had…
The Gujarat High Court has denied an appeal in a cheque bounce case of Rs 15 lakh, citing the complainant's failure to prove their financial capacity to lend such a large amount.…
In a case involving the Bank of Maharashtra, the National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by a personal guarantor. The tribunal also criticized…
The National Company Law Appellate Tribunal NCLAT has upheld the eviction of a hotel operator from a hotel property, which was mandated as part of an approved resolution plan. The…
The Ministry of Finance has announced a reduction in the interest rate for the Senior Citizens' Welfare Fund SCWF for the fiscal year. The new rate has been lowered, which will…
The National Company Law Appellate Tribunal NCLAT has directed the National Company Law Tribunal NCLT to consider the arguments of Harsh Singh, a former director of Gensol…
The UDIN Unique Document Identification Number portal, which is managed by the Institute of Chartered Accountants of India ICAI , has introduced new mandatory fields for reporting…
The National Company Law Appellate Tribunal NCLAT has dismissed an appeal filed by a former promoter of a company, thereby upholding the NCLT's decision to admit the company into…
The Income Tax Appellate Tribunal ITAT has ruled that a delay in filing Form 10B does not automatically bar a charitable trust from claiming tax exemption under Sections 11 and 12…
The Himachal Pradesh High Court has dismissed an appeal filed against the acquittal of an accused in a cheque bounce case involving Rs 10 lakh. The High Court upheld the decision…
The Income Tax Appellate Tribunal ITAT has held that the surplus generated by an educational institution from the sale of textbooks should be considered as income from educational…
The Bombay High Court has ruled that design and engineering services provided to foreign entities are "zero-rated supplies" under the GST regime. Consequently, the court allowed…
The Chhattisgarh High Court has disposed of an income tax appeal filed by the revenue department, citing that the "tax effect" in the case was below the revised monetary threshold…
The Income Tax Appellate Tribunal ITAT has remitted a case involving an income addition of Rs 7 crore back to the Assessing Officer AO , highlighting the necessity for a proper…
The Income Tax Appellate Tribunal ITAT has quashed a revision order passed by a Principal Commissioner of Income Tax PCIT , which had found an assessment order to be erroneous.…
The Income Tax Appellate Tribunal ITAT has deleted a massive addition of Rs 7 crore and the corresponding penalty, ruling that a loose computerized sheet found at a taxpayer's…
In a case where an assessee was denied a proper opportunity to present their case on a TDS credit issue, the Income Tax Appellate Tribunal ITAT has ruled in favor of a fresh…
The Income Tax Appellate Tribunal ITAT has ruled that dividends paid by an Indian company to the International Finance Corporation IFC are exempt from Dividend Distribution Tax…
The Income Tax Appellate Tribunal ITAT has ruled that a co-operative society cannot be denied the tax deduction under Section 80P of the Income Tax Act merely for filing its…
The Income Tax Appellate Tribunal ITAT has quashed a revision order passed by a Principal Commissioner of Income Tax PCIT in a case involving alleged accommodation entry…
The government has announced the interest rate for deposits made under the Senior Citizens' Welfare Fund SCWF for the financial year 2024-25. The deposits will earn an interest of…
In a significant move to boost investment in the International Financial Services Centre IFSC , the government has announced a TDS exemption for units operating within the IFSC.…
Finance Minister Nirmala Sitharaman has urged the Central Board of Indirect Taxes and Customs CBIC to further simplify the GST registration process and to expedite the redressal…
The State GST department has arrested a businessman in connection with a fake Input Tax Credit ITC scam worth Rs 25 crore. The accused is alleged to have created a network of…
The Himachal Pradesh High Court has confirmed the conviction of an individual in a cheque bounce case under the Negotiable Instruments Act. The case was related to a dispute over…
The Delhi State Consumer Disputes Redressal Commission has held a mobile application developer liable for their failure to create and deliver two mobile application projects,…
In a major boost for Chartered Accountancy CA aspirants, the Indira Gandhi National Open University IGNOU has issued a notification that enables the transfer of credits for…
Showing 50 of 42930 updates