News & Judgements

The Bombay High Court reiterated that an amalgamated company can adjust the written down value of assets of the amalgamating companies and claim depreciation without requiring…

The Finance Ministry has notified the GST Appellate Tribunal Procedure Rules, 2025. These rules outline the procedures to be followed by the Goods and Services Tax Appellate…

ITAT restored a Section 12AB registration application for fresh adjudication after the CIT E rejected it by relying on Section 13 1 b . The tribunal found that the CIT E 's…

CBDT has issued clarifications through FAQs on the disallowance of legal settlement expenses under Section 37 of the Income Tax Act. Section 37 pertains to the deductibility of…

CESTAT set aside a service tax demand on dealer incentives, holding that the payments were not taxable as business auxiliary service. The tribunal analyzed the nature of the…

CESTAT dismissed the department's appeal, ruling that a fit-out lease constitutes a deemed sale and is not subject to service tax. The tribunal examined the nature of transactions…

CBDT has issued FAQs providing clarifications on the disallowance of settlement expenses under Section 37 of the Income Tax Act. These FAQs elaborate on the conditions for…

CESTAT held that the adjustment of rebate against an unfinalized demand is not permissible. The tribunal clarified that rebates or refunds can typically be adjusted against…

The Delhi High Court will decide the applicable GST rate on railway AC units, specifically whether they should be taxed as general air conditioning units or as parts of railway.…

The Allahabad High Court granted bail to an accused in a ₹31.18 crore fake ITC Input Tax Credit scam involving 17 shell companies under GST. The court considered the facts and…

The Ministry of Corporate Affairs MCA has imposed a penalty for failure to appoint a woman director under Section 149 1 of the Companies Act. This section mandates that certain…

GST Goods and Services Tax on development rights is facing legal challenges from landowners. The issue pertains to the taxability of the transfer of development rights by…

The CBDT Central Board of Direct Taxes has clarified that no income tax relief will be available for penalty settlements arising from violations of SEBI Securities and Exchange…

The ITAT Income Tax Appellate Tribunal quashed a tax assessment order against a non-existent entity, citing a lack of valid jurisdiction. The tribunal found that the assessment…

The RBI Reserve Bank of India has mandated that banks must have their presence in the .bank domain by October 31, 2025. This directive is aimed at enhancing the security and trust…

The FAQs clarify the changes in Section 206C 1F of the Income Tax Act, making TCS Tax Collected at Source applicable on the sale of luxury goods exceeding ₹10 lakh. Effective from…

Calcutta High Court held that a provisional seizure order under Section 37A of FEMA cannot be issued during the moratorium period under Section 33 5 of the IBC. The court…

Bombay High Court ruled that a Muslim father who gifts property to his son need not hand over actual physical possession and can reside in the same property. The court interpreted…

Delhi High Court addressed a case related to an IRCTC tender for catering services where there was no disclosure of corruption transgressions by the successful bidder. The court…

Delhi High Court questioned whether the use of a smoke canister constitutes a terrorist act, remarking that if so, every Holi and IPL match would attract UAPA. The court directed…

Himachal Pradesh High Court expressed concerns about the moral and professional decline within the police force and emphasized the need for police reforms, including 8-hour shifts…

Jammu & Kashmir High Court ruled that submitting a certificate from an unrecognized college does not automatically constitute fraud. The court distinguished between intentional…

Madras High Court granted temporary leave to an undertrial prisoner to attend a funeral. The court recognized the humanitarian grounds for allowing the prisoner to participate in…

Andhra Pradesh High Court dismissed a writ petition because necessary and proper parties were not impleaded in the case concerning a government teacher's account frozen by SBI.…

Bombay High Court interpreted the Maharashtra Rent Control Act, stating that a government allottee in legal possession of requisitioned premises is deemed a tenant. The court…

Madras High Court addressed a case under Section 498A of the IPC involving allegations that the husband and his family forcefully administered medicine to the wife with the intent…

Bombay High Court stated that the ban on triple talaq does not equate to Talaq-e-Ahsan. The court clarified the distinction between the legally prohibited instant triple talaq and…

CESTAT ruled in favor of India Cements, holding that demolition activity qualifies as factory repair under Rule 2 l of the Central Excise Rules CCR . The tribunal reasoned that…

DGFT issued a notice inviting stakeholders for comments on proposed amendments for the export of Special Chemicals, Organisms, Materials, Equipment and Technologies SCOMET items…

Kerala High Court dismissed a petition challenging a Section 148A order of income tax, stating that it is not maintainable under Article 226 without exceptional grounds. The court…

ITAT ruled that Rothschild's intra-group advisory and support services are not taxable as Fees for Technical Services FTS under the India-UK Double Taxation Avoidance Agreement…

CESTAT held that CENVAT credit can be availed on service tax paid on advances received. The tribunal clarified that the payment of service tax on advance payments for services…

CESTAT remanded Getz Pharma's CENVAT credit refund matter after finding that the Commissioner misdirected findings in an export services dispute. The tribunal observed that the…

DGFT notified a new Standard Input Output Norms SION entry for the export product Doxycycline 100mg Dispersible Tablets. This notification specifies the standard quantities of…

ITAT condoned the delay in Oriental Bank's tax appeal due to its merger and set aside the CIT A 's ex-parte order for ignoring crucial TDS evidence. The tribunal acknowledged that…

A 10-year-old student received an income tax notice for a ₹4 crore bank transaction. This unusual incident highlights potential issues with data handling or errors in the tax…

ITAT granted a CA-led trust a final chance to respond to notices and imposed a penalty for failing to do so. The tribunal noted the trust's repeated non-compliance despite…

ITAT deleted a crore addition made by the AO, who estimated profit without rejecting the books of accounts and relied on a faulty comparison with a sister concern. The tribunal…

CESTAT ruled in favor of Glenmark Pharma, classifying crimp pumps as falling under positive displacement pumps and not toilet spray parts, thereby granting relief. The tribunal's…

Bombay High Court held that the written down value of assets of constituent companies can be adjusted by the amalgamated company without central government approval. The court…

Calcutta High Court held that FEMA proceedings cannot be continued during the moratorium period under Section 33 5 of the IBC. The court ruled that the moratorium, triggered by…

Ather Energy's IPO is expected to bring an ESOP Employee Stock Ownership Plan opportunity worth ₹530 crore for its employees. This significant ESOP pool highlights the potential…

CBIC notified Rohini Yard Jetty in Raigad as a new customs station under the Customs Act. This notification designates the jetty as an authorized point for the import and export…

Madhya Pradesh High Court warned the Directorate of Revenue Intelligence DRI for contempt over frozen accounts despite a stay order. The court expressed its displeasure at the…

DGFT imposed a Minimum Import Price MIP on synthetic knitted fabrics and revised import policy conditions. This measure aims to protect domestic manufacturers from cheap imports…