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Ola Electric to Kick Off Roadster, X-Bike Deliveries from Friday Ola Electric, the electric vehicle EV manufacturer, is set to commence deliveries of its Roadster and X-Bike…
Jason Kothari's Mythik Bags $1.5M to Recreate AI-Based Indian Mythology Content Jason Kothari's venture, Mythik, has successfully raised $1.5 million in funding. The startup aims…
Delhi Court Raises Key Questions on ED Probe Against Sonia & Rahul Gandhi in National Herald Case A Delhi Court has raised key questions regarding the Enforcement Directorate's ED…
The Bombay High Court has issued a significant ruling concerning the reopening of income tax assessments, asserting that a mere "change of opinion" by tax authorities is not a…
A Hindu Undivided Family HUF has received considerable relief from the Madras High Court, which directed the tax authorities to accept its tax settlement claim under the 'Vivad Se…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has provided significant relief to Punjab Gramin Bank by allowing it to claim CENVAT credit even without an Input…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has allowed a refund of service tax that was levied on industrial lease conversion charges. The tribunal ruled that…
The Bombay High Court has issued a ruling that restricts the reopening of income tax assessments, stating that an assessment cannot be reopened unless there is demonstrable…
The Calcutta High Court has reiterated its earlier stance that discharge vouchers, even when signed by an insured party, do not necessarily cap valid insurance claims. The court…
The Delhi High Court has ruled that the mandate of an MSME Micro, Small and Medium Enterprises Facilitation Council does not automatically terminate after a 90-day delay in…
The Delhi High Court has strongly emphasized the necessity of speedy trials under the Maharashtra Control of Organized Crime Act MCOCA to protect the liberty of accused…
The Tamil Nadu Goods and Services Tax GST Department has released detailed guidelines for the rectification of errors under Section 161 of the GST Act. These guidelines provide a…
The Madras High Court has dismissed a review petition that sought compensation against the tax office for alleged delays and misinformation under the Right to Information RTI Act.…
The Income Tax Appellate Tribunal ITAT has issued a ruling preventing double taxation, stating that income which has already been duly taxed and disclosed by a taxpayer cannot…
The Income Tax Appellate Tribunal ITAT has restored a case to the Assessing Officer AO for fresh review, citing that the AO had failed to consider key documents and evidence…
The National Company Law Appellate Tribunal NCLAT has clarified that gratuity payments due to employees, along with accrued interest, qualify as 'operational debt' under the…
Foxconn, a major global electronics manufacturer and a key supplier for Apple, has announced a substantial investment of $1.48 billion into its manufacturing facility located in…
Paysprint, a rapidly growing fintech startup, is actively engaged in a funding round to raise $3 million. This capital infusion is earmarked for a significant expansion of its…
Ola Electric, a leading electric vehicle EV manufacturer, is reportedly in advanced discussions to raise fresh capital through a pre-IPO funding round. The EV maker is seeking to…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has issued a significant ruling stating that the denial of a transitional credit refund purely on the grounds of…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has remanded a case for fresh adjudication, criticizing the original order for being "cryptic" and lacking a…
Jason Kothari's Mythik Bags $1.5M to Recreate AI-Based Indian Mythology Content Jason Kothari's venture, Mythik, has successfully raised $1.5 million in funding. The startup aims…
Fleetx Set to Raise Over ₹100 Cr in Series C Round Fleetx, a logistics and supply chain automation platform, is reportedly in advanced stages of raising over ₹100 crore in its…
The National Company Law Appellate Tribunal NCLAT has affirmed the power of the National Company Law Tribunal NCLT to correct typographical errors in its orders under Rule 154 of…
Nazara Technologies, a prominent diversified gaming and sports media company based in India, has announced a significant acquisition: the purchase of UK-based Curve Games for ₹247…
CloudSEK, an AI-driven cybersecurity and digital risk intelligence firm, has successfully secured $19 million in funding. This capital infusion is earmarked for the company's…
CureBay, a healthcare startup focused on expanding access to healthcare services in rural areas, has successfully raised $21 million in its Series B funding round. The funding…
Shares of Nazara Technologies, a diversified gaming and sports media company, experienced a 3% jump, reaching a 52-week high in the stock market. This positive market reaction…
The Delhi High Court has affirmed that even common names, such as 'Neha,' can be granted trademark protection, provided that the applicant can successfully prove that the name has…
Ranya Rao, an accused in a gold smuggling case, has been granted default bail by the court due to the prosecution's failure to file the chargesheet within the stipulated time.…
The Delhi High Court has clarified the application of the limitation period for filing petitions for the appointment of an arbitrator under Section 11 6 of the Arbitration and…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has issued a significant ruling regarding the admissibility of electronic evidence in excise cases. The tribunal…
The Delhi High Court has clarified the application of the limitation period for filing petitions for the appointment of an arbitrator under Section 11 6 of the Arbitration and…
The Madhya Pradesh High Court has provided an important clarification regarding the seat of arbitration when an arbitrator is appointed under Section 3G 5 of the National Highways…
The Delhi High Court has clarified the jurisdiction for adjudicating questions concerning the revival of arbitral proceedings. The court ruled that such matters, specifically the…
The Delhi High Court has limited the jurisdiction of courts under Section 11 6 of the Arbitration and Conciliation Act, 1996, which pertains to the appointment of arbitrators. The…
The Allahabad High Court has imposed a penalty on the Bank of Baroda for engaging in what it deemed to be unfair auction practices. The court ordered the bank to compensate a…
The Punjab & Haryana High Court has upheld the summons issued in the infamous Manesar land scam case, dismissing the challenge brought by former Haryana Chief Minister Bhupendra…
The Directorate General of Foreign Trade DGFT has recently notified revisions to the import conditions for unwrought silver, gold, and platinum. These amendments are designed to…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has confirmed charges of excise duty evasion against manufacturers involved in the production and clearance of…
The Delhi High Court has delivered a ruling that limits the scope of capital gains exemption under Section 54F of the Income Tax Act. The court held that multiple floors within a…
CureBay, a healthcare startup focused on expanding access to healthcare services in rural areas, has successfully raised $21 million in its Series B funding round. The funding…
The Madras High Court has issued a directive to the Customs, Excise, and Service Tax Appellate Tribunal CESTAT , mandating it to admit an appeal that was previously overlooked.…
The Karnataka High Court has quashed an order issued by an Ombudsman and, in doing so, validated the legality of email communications under the Information Technology IT Act. The…
The Delhi High Court has advised a party challenging a Goods and Services Tax GST levy on housekeeping services provided to government educational institutes to pursue their…
Elevation Capital, a prominent venture capital firm, has executed a partial exit from its investment in ixigo, a travel technology platform, thereby realizing substantial returns.…
The Directorate General of Foreign Trade DGFT has announced updates to Schedule II of the Indian Trade Classification Harmonized System , commonly known as ITC HS. These revisions…
The Securities and Exchange Board of India SEBI , the market regulator, has issued comprehensive guidelines pertaining to the internal audit framework and the structure of audit…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has waived a penalty that was imposed on a freight forwarder. The tribunal's decision was based on the absence of…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has quashed a service tax demand that was raised on trading activity. The tribunal ruled that simple trading, which…
Ola Electric to Kick Off Roadster, X-Bike Deliveries from Friday Ola Electric, the electric vehicle EV manufacturer, is set to commence deliveries of its Roadster and X-Bike…
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