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PM Modi stresses RERA compliance - Prime Minister Narendra Modi has emphasized the critical importance of strict adherence to the provisions of the Real Estate Regulation and…
RBI's gold reserves value jumps 57% - The value of the Reserve Bank of India's RBI gold assets has seen a substantial increase of 57.12%, reaching ₹4,31,624.8 crore as of March…
Razorpay to pay $150M taxes for its India reverse flip, highlighting regulatory costs for domicile shifts. Fintech unicorn Razorpay is expected to incur a tax liability of…
Lokpal clears ex-SEBI chief Madhabi Puri Buch in Hindenburg report corruption allegations, affirming regulatory integrity. The Lokpal, India's anti-corruption ombudsman, has given…
CESTAT upholds service tax demand for suppression to evade duty, rejecting appeals citing deliberate non-payment. The Customs, Excise, and Service Tax Appellate Tribunal CESTAT…
Telangana RERA imposes costs on Aura Builders for non-registration of Velimala project, enforcing compliance. The Telangana Real Estate Regulatory Authority TGRERA has imposed a…
Delhi HC allows DVAT returns rectification for interstate goods transfers, subject to Supreme Court’s pending verdict. The Delhi High Court has permitted a petitioner to rectify…
ITAT invalidates late fee under Section 234E for TDS returns filed before June 2015, ruling the provision non-retrospective. The Income Tax Appellate Tribunal ITAT has held that…
Razorpay completes reverse flip to India, aligning with RBI’s fintech regulations. Digital payments major Razorpay has completed the process of moving its parent company's…
Captain Fresh, a seafood supply chain startup, has appointed three independent directors to its board as it prepares for an initial public offering IPO . This move aligns with…
Glance, an AI-driven lock screen platform, is venturing into aspirational e-commerce by integrating generative AI to enhance shopping experiences. The initiative aims to tap into…
Calcutta HC remands GST invoice discrepancy case, directing fresh adjudication on taxable value differences in GSTR-1 vs. GSTR-3B. The Calcutta High Court has referred a Goods and…
GSTR-1/1A Table 12 bifurcation: From May 2025, businesses must report B2B and B2C HSN data separately, enhancing GST transparency and compliance tracking. The Goods and Services…
Calcutta HC orders fresh GST refund application under Section 54 after rectifying deficiencies, stressing statutory compliance over technical rejections. The Calcutta High Court…
RBI’s FY 2024-25 report: 98.2% of ₹2000 notes returned; currency in circulation hits ₹36.9 lakh crore, reflecting demonetization’s near-complete closure. The Reserve Bank of…
Delhi HC directs revenue to approach SC on service tax for educational construction, citing jurisdictional limits under Section 35L of the Central Excise Act. The Delhi High Court…
Lendingkart, a fintech company specializing in MSME lending, is set to raise ₹100 crore in venture debt from InnoVen Capital. The funding aims to bolster Lendingkart's lending…
Pronto, a home services startup, is in advanced discussions to secure $12 million in Series A funding from investors including General Catalyst and Glade Brook Capital. The funds…
L Catterton, a private equity firm backed by LVMH, is launching a $600 million India-focused fund to invest in consumer-centric brands. The International Finance Corporation IFC…
ITAT remands case despite non-payment of advance tax, rejecting dismissal solely on this ground and ensuring fair adjudication. The Income Tax Appellate Tribunal ITAT has remanded…
ITAT condones appeal delay due to taxpayer’s illiteracy, prioritizing substantive justice over technicalities. The Income Tax Appellate Tribunal ITAT has condoned a delay in…
CESTAT quashes service tax demand, noting no ST return requirement under Section 65 105 zzzz of the Finance Act, 1994. The Customs, Excise, and Service Tax Appellate Tribunal…
SC issues notice to GLAS Trust, IRPs on Byju’s promoters’ plea, escalating the edtech giant’s insolvency battle. The Supreme Court has issued notices to GLAS Trust a consortium of…
RBI proposes sub-7-day term deposits, seeking bank feedback to introduce flexible short-term investment options for customers. The Reserve Bank of India RBI has approached banks…
Bira 91, a prominent craft beer brand, is strategizing a comeback after a challenging year marked by halted sales and financial difficulties. CEO Ankur Jain outlines plans to…
The National Company Law Tribunal NCLT has dismissed an insolvency petition filed against Dunzo by Invoice Discounters of Dunzo Digital. The tribunal's decision provides relief to…
Gaurav Munjal, co-founder and CEO of Unacademy, is stepping down amid a strategic shift. The leadership transition sees Sumit Jain taking over as CEO, with Munjal and co-founder…
Himachal Pradesh HC rules auction purchasers liable for outstanding vehicle taxes, clarifying successor liability in asset acquisitions. The Himachal Pradesh High Court has held…
CESTAT classifies design services for foreign clients as exports, not intermediary services, granting tax relief. The Customs, Excise, and Service Tax Appellate Tribunal CESTAT…
ITAT deletes ₹4.9 lakh addition on director’s loan, affirming transaction genuineness with proper documentation. The Income Tax Appellate Tribunal ITAT has removed an addition of…
ITAT deletes property transaction additions as unregistered agreements are invalid for capital gains computation, safeguarding taxpayer rights. The Income Tax Appellate Tribunal…
Orissa HC condones 76-day delay in filing Form 10B by a charitable institution, recognizing COVID-19 disruptions as a valid cause for delay. The Orissa High Court has allowed a…
The Indian government has issued notices to 11 companies, including Zepto and Uber, for employing "dark patterns"—deceptive UI designs that manipulate consumer behavior. The…
CESTAT exempts Adyar Ananda Bhavan’s frying system from kitchen machine classification, reducing customs duty liability. The Customs, Excise, and Service Tax Appellate Tribunal…
Shree Cement faces ₹588.65 crore income tax demand over assessment disallowances, escalating its tax dispute. Shree Cement Limited has received an income tax demand of ₹588.65…
ITAT remands charitable trust’s case for fresh adjudication due to incomplete Section 80G registration documents, emphasizing procedural compliance for tax exemptions. The Income…
CloudSEK secured $19 million in funding, with legal advisory provided by JSA and Universal Legal, to enhance its cybersecurity solutions.
On May 29, 2025, the Delhi High Court issued a notice to Trinamool Congress TMC Member of Parliament Saket Gokhale, demanding an explanation as to why he should not face civil…
On May 28, 2025, the Delhi High Court dismissed a Public Interest Litigation PIL that called for the creation of a Gujjar regiment in the Indian Army. The court deemed the…
Rahul Gandhi filed an application in a Pune court alleging that the complainant in the Savarkar defamation case, Satyaki Savarkar, concealed his maternal lineage linking him to…
IndusLaw has joined the international law firm CMS, forming CMS IndusLaw. This strategic alliance aims to enhance global legal service offerings, especially in corporate…
News agency ANI filed a defamation suit against YouTuber Mohak Mangal in the Delhi High Court over allegedly misleading content.
WhatsApp challenged a ruling in the Allahabad High Court that allowed it to be sued in Indian consumer courts.
Investcorp is acquiring a majority stake in Miebach Logistik. Dua Associates advised on Indian legal aspects, while Covington & Burling and CMS represented Investcorp and…
The Delhi High Court directed the state government to develop a policy for relocating and rehabilitating stray dogs to ensure public safety.
The Delhi High Court issued notices to BluSmart and Gensol in a contempt plea concerning undelivered electric vehicles.
The Supreme Court of India concluded contempt proceedings against Delhi Development Authority DDA officials for cutting over 600 trees in the Delhi Ridge area without prior…
Justice PV Sanjay Kumar remarked on the judiciary's sensitivity to criticism, emphasizing the importance of maintaining decorum in court proceedings.
The Supreme Court has upheld the Punjab and Haryana High Court's directives to construct a verandah in front of Courtroom No. 1 within the High Court complex, deeming the decision…
The Delhi High Court overturned a previous order that restrained Fox Mandal & Associates from using the 'FoxMandal' trademark, allowing the firm to continue its usage.
PM Modi stresses RERA compliance - Prime Minister Narendra Modi has emphasized the critical importance of strict adherence to the provisions of the Real Estate Regulation and…
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