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The Madras High Court has directed the Income Tax authorities to consider a fresh representation from a taxpayer whose refund for the Assessment Year 2016-17 has been pending for…
In a recent advisory, the Goods and Services Tax Network GSTN has clarified a filing requirement for taxpayers who have only Business-to-Consumer B2C sales. To avoid validation…
The Gauhati High Court has intervened in a matter where both the Central and State GST authorities had initiated simultaneous proceedings against a petitioner on the same set of…
The Indian stock market experienced a volatile trading session on June 10, 2025, with the benchmark indices, BSE Sensex and NSE Nifty, fluctuating between gains and losses. Market…
Following the Reserve Bank of India's recent decision to cut the repo rate, several public sector banks, including Canara Bank and Union Bank of India, have announced a reduction…
A dispute involving several dilapidated apartment buildings in Dwarka, New Delhi, has brought multiple agencies, including the Delhi High Court, the Ministry of Housing, RERA, and…
The Allahabad High Court has quashed criminal proceedings in a gang-rape case, citing a compromise reached between the accused and the complainant, who were close family members.…
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that an incorrect label on re-imported goods does not amount to a misdeclaration if…
The Calcutta High Court has provided interim relief to a taxpayer by staying an order that directed the reversal of Input Tax Credit ITC which was incorrectly claimed under the…
In a ruling that benefits exporters, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has held that service tax is not payable on charges levied by foreign banks in…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that for claiming a refund on export services, a self-certification from the exporter or a certificate from…
In a significant procedural relief for businesses, the Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal CESTAT has held that the registration of premises is…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT in Chennai has set aside a penalty imposed on a Customs House Agent CHA for failing to verify the credentials of an…
The Surat Bench of the Income Tax Appellate Tribunal ITAT has deleted a penalty that was imposed on a taxpayer for the non-filing of Form 15CA. This form is required for making…
The National Company Law Tribunal NCLT has affirmed the principle that a corporate debtor cannot later deny a transaction that it had previously approved and acted upon. The…
The Chennai Bench of the National Company Law Appellate Tribunal NCLAT has clarified that a subsequent insolvency application under Section 95 of the Insolvency and Bankruptcy…
Rekha Jhunjhunwala, wife of the late investor Rakesh Jhunjhunwala, has been trimming her stake in the gaming and esports company, Nazara Technologies. Through open market sales in…
The central government is considering a proposal to provide tax relief to banks on the interest income they recognize from Non-Performing Assets NPAs . Currently, banks are often…
The Madras High Court ruled that merely uploading a show-cause notice SCN on the GST portal is insufficient where the taxpayer’s registration stands cancelled. The court held that…
The Madras High Court has directed the Income Tax authorities to consider a fresh representation from a taxpayer whose refund for the Assessment Year 2016-17 has been pending for…
Bengaluru's newly implemented solid waste management SWM fee, colloquially known as a "garbage tax," has resulted in a substantial revenue collection of Rs 350 crore in just the…
The High Court of Sikkim has delivered a significant judgment, ruling that a business is entitled to a cash refund of its unutilized Input Tax Credit ITC even after it has…
The Himachal Pradesh High Court has ruled that there is no provision for automatic bail in cases under the Prevention of Money Laundering Act PMLA , even if the offense is triable…
The Madras High Court has delivered a crucial judgment clarifying that the limitation period for filing a GST appeal should be calculated from the date of physical dispatch of the…
The article discusses the concept of “clearing the way” in pharmaceutical patent litigation — a proactive legal strategy allowing generic manufacturers to challenge patents before…
Finance Minister Nirmala Sitharaman launched a financial awareness campaign to help citizens reclaim unclaimed bank deposits worth ₹75,000 crore.
The Gujarat High Court upheld the conviction of a police constable found intoxicated while on duty, stressing that such behaviour gravely undermines public confidence and violates…
In a ruling that benefits exporters, the Customs, Excise, and Service Tax Appellate Tribunal CESTAT has held that service tax is not payable on charges levied by foreign banks in…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that for claiming a refund on export services, a self-certification from the exporter or a certificate from…
Several manufacturing units based in Sikkim are currently under the scanner of the Central GST CGST authorities for alleged irregularities in GST refunds amounting to…
The Income Tax Department is intensifying its scrutiny of tax deductions claimed for political donations under Section 80GGC of the Income Tax Act. The department has initiated a…
The Central Board of Indirect Taxes and Customs CBIC has clarified the rules for mentioning Harmonized System of Nomenclature HSN codes on invoices. For taxpayers with an annual…
The Central Government intensified monitoring against GST mispricing practices, instructing enforcement agencies to verify that businesses correctly reflect tax components in…
The Gujarat High Court rejected discharge pleas filed by police officers accused of extortion, holding that prima facie material existed to proceed with trial. The court noted…
The central government is considering a proposal to provide tax relief to banks on the interest income they recognize from Non-Performing Assets NPAs . Currently, banks are often…
Refyne, a startup that provides "on-demand salary" or "earned wage access" EWA solutions, has secured Rs 35 crore in debt funding. This capital will be used to expand the…
Delhi High Court has emerged as India’s foremost forum for defending celebrity personality rights. It outlines several landmark cases involving misuse of celebrity images, voices,…
Dhan, a retail trading and investing platform, achieved unicorn status after raising $120 million in its latest funding round led by global investors. The round reflects…
The report examines the decline of India’s once-booming edtech sector, using the downfall of a prominent founder as a case study. It analyses how investor sentiment has shifted…
GreyLabs AI secured ₹85 crore in funding to enhance its voice-based automation tools aimed at improving customer support across BFSI and telecom industries. The article details…
The Madras High Court ruled that merely uploading a show-cause notice SCN on the GST portal is insufficient where the taxpayer’s registration stands cancelled. The court held that…
The ITAT granted Section 11 exemption to a charitable trust that sold property to one of its trustees below market price, holding that exemption applies once full consideration is…
The CESTAT held that the extended limitation period under excise law cannot be invoked if all material facts were already disclosed in the taxpayer’s returns. The bench stated…
The Income Tax Department launched updated ITR-5 and ITR-6 utilities for Assessment Year 2025-26, featuring enhanced pre-filing validation, digital signature integration, and…
Finance Minister Nirmala Sitharaman launched a nationwide financial awareness initiative to reunite citizens with unclaimed deposits worth ₹75,000 crore lying with banks. The…
Retailer V-Mart announced the launch of an affordable ₹1000 apparel line following GST rate reductions on key textile categories. The company aims to expand in Tier-II and…
Navratri 2025 saw India’s festive sales reach a decade-high, with retailers reporting record demand across apparel, jewellery, and consumer durables. Experts attribute this surge…
The All-India Paper Traders Association urged the government to implement a uniform 5% GST rate to prevent input tax credit ITC blockages and control rising manufacturing costs.…
The Central Government intensified monitoring against GST mispricing practices, instructing enforcement agencies to verify that businesses correctly reflect tax components in…
The Gujarat High Court upheld the conviction of a police constable found intoxicated while on duty, stressing that such behaviour gravely undermines public confidence and violates…
The Madras High Court has directed the Income Tax authorities to consider a fresh representation from a taxpayer whose refund for the Assessment Year 2016-17 has been pending for…
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