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The NCLAT National Company Law Appellate Tribunal dismissed an appeal and upheld the NCLT's National Company Law Tribunal decision regarding the waiver under Section 244 1B of the…
Shares of TBO Tek experienced a recovery, rallying by 9%. This rebound in the stock price suggests a shift in investor sentiment towards the online travel platform, potentially…
The Patna High Court ruled that royalty is not a tax, and therefore, GST is payable on mining lease payments. The court distinguished royalty, which is a consideration for the…
The Kerala High Court held that the registration of a trust under Section 12A of the Income Tax Act cannot be rejected due to a delay that occurred in approving amendments to its…
The Supreme Court deemed a plea seeking to confer Article 142 powers on High Courts as "completely misconceived" and rejected it. Article 142 grants the Supreme Court unique…
The Supreme Court issued directions to ensure the direct bank transfer of compensation to road accident victims and workmen. This move aims to streamline the process of disbursing…
India has imposed a 12% duty on certain steel products to curb unwanted imports. This move by the government aims to protect the domestic steel industry from a surge of cheaper…
Investor appetite for biryani is reportedly rising, with the popular dish finding its place on the valuation menu. This suggests that businesses in the food and beverage sector,…
The ITAT Income Tax Appellate Tribunal remanded a case back to the Assessing Officer AO , emphasizing that an adequate and effective opportunity of being heard must be provided to…
A GST fraud exceeding ₹100 crore has been busted, leading to the arrest of a commerce graduate. This indicates a significant case of tax evasion involving the Goods and Services…
The Income Tax Department has clarified the tax exemption rules for startups recognized by DPIIT Department for Promotion of Industry and Internal Trade . The clarification likely…
The Chief Secretary of Himachal Pradesh hosted a Holi party for IAS officers and subsequently sent a bill of ₹1.2 lakh to the government for the expenses. This incident has raised…
The real estate market in India witnessed 28 deals worth $1.2 billion during January-March 2025, according to a report. This data indicates the level of investment and…
Krafton India selected six startups for the second cohort of its incubation programme. This initiative by the South Korean gaming giant aims to support and nurture promising…
Nykaa has allotted shares under its Employee Stock Option Plan ESOP scheme. This is a common practice by listed companies to incentivize their employees and align their interests…
PE/VC Private Equity and Venture Capital investments in India reached $13.7 billion in Q1 2025, marking a 14% year-on-year decline. However, pure-play deals reportedly surged by…
The RBI Reserve Bank of India has allowed children aged 10 and above to open and operate bank accounts independently. This significant policy change aims to promote financial…
Ola's AI arm, Krutrim, has denied reports of a $300 million fundraising plan. This clarification contradicts earlier reports suggesting a significant funding round for the…
The government is likely considering capping Chinese equity investments in electronics joint ventures JVs at 10%. This potential move reflects ongoing scrutiny of foreign…
Tesla has reportedly urged India to include key automotive components in its global supply chain expansion plans. This indicates the electric vehicle manufacturer's interest in…
PhonePe's Pincode, its hyperlocal e-commerce platform, is piloting a 10-minute medicine delivery service. This move signifies the increasing competition in the quick-commerce…
The Madras High Court issued a Standard Operating Procedure SOP concerning children who experience trauma by witnessing a crime. This initiative recognizes the severe…
The Madras High Court lifted the attachment on the properties of the late actor Sivaji Ganesan. The reasons for the initial attachment and the subsequent lifting are not detailed…
The Jammu & Kashmir High Court delivered a judgment in a case where a husband was acquitted of abetment to suicide of his wife. The judgment likely analyzed the evidence presented…
The Bombay High Court issued a contempt notice against an advocate for allegedly making defamatory allegations against judges. This action underscores the judiciary's intolerance…
The Rajasthan High Court ruled on the dismissal of a case for non-appearance and the litigant's responsibility under Order 9 Rule 9 of the Civil Procedure Code CPC . This…
The Rajasthan High Court ruled on the disqualification of a job candidate due to a pending criminal case related to a marital dispute. While the specifics of the ruling are not…
The Madras High Court reserved its orders in the case involving the Enforcement Directorate ED and TASMAC Tamil Nadu State Marketing Corporation . The reservation of orders…
The Calcutta High Court held that whether IRCTC's menu revision alters the original contract with an arbitration clause is a matter for the arbitrator to decide, not the court.…
The Bombay High Court ruled that objections to the terms of a redevelopment agreement cannot be adjudicated by the court under Section 9 of the Arbitration and Conciliation Act.…
The Kerala High Court held that a writ petition can be entertained when an order passed under Section 9 of the Arbitration and Conciliation Act neither grants nor refuses relief.…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that the supply of manpower to five hotels for three years attracts service tax under the "manpower recruitment or…
The Supreme Court is examining a Public Interest Litigation PIL filed against obscene content on Over-The-Top OTT platforms like Netflix, Amazon Prime, and Alt Balaji, stating…
The Supreme Court held that the absence of motive is not a sufficient ground for acquittal when there exists strong circumstantial evidence linking the accused to the crime. The…
The Supreme Court is considering a plea filed by the Cure SMA Foundation regarding remarks made by actor Samay Raina concerning persons with disabilities. The plea likely pertains…
The Supreme Court is hearing a plea against the Union of India and the Serum Institute, seeking medical expenses and compensation for physical disability allegedly caused by the…
The Supreme Court held that a person in a supervisory role is liable under the Employees' State Insurance ESI Act for the non-remittance of contributions, regardless of their…
The Supreme Court tagged a case related to B.S. Yediyurappa with a pending reference to a larger bench to decide whether prior sanction under Section 17A of the Prevention of…
The Supreme Court flagged the issue of lengthy submissions in Section 34 and 37 proceedings under the Arbitration and Conciliation Act, emphasizing the need to impose time limits.…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that paying VAT on 80% and service tax on 20% of the works contract value complies with Rule 2A in the Otis…
The Delhi High Court granted relief to a traveler by quashing a customs order due to an invalid waiver of the Show Cause Notice SCN . The court emphasized the mandatory nature of…
The ITAT Income Tax Tribunal rejected the Income Tax Department's algorithm-based tax addition related to cash deposits made during the demonetization period. The tribunal likely…
The ITAT Income Tax Tribunal disallowed a tax deduction claimed under Section 35 1 ii of the Income Tax Act for a donation made to an unapproved scientific research trust. Section…
The Andhra Pradesh High Court held that separate authorizations are mandatory for a non-territorial Assessing Officer AO of a dealer to conduct GST audit and assessment. The court…
CBIC Central Board of Indirect Taxes and Customs has amended the guidelines issued on the implementation of Rules of Origin under trade agreements and the verification of proof of…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled in favor of Coca-Cola, stating that Input Service Distributor ISD distributed CENVAT credit cannot be denied for a…
The Delhi High Court ordered the release of seized gold, directing the Customs Department to distinguish between commercial jewelry and personal jewelry while considering…
The Supreme Court held that a preliminary inquiry is not mandatory before filing a First Information Report FIR in corruption cases against public servants. This ruling clarifies…
The Patna High Court permitted the Rural Works Department to decide on an equal split of compounding charges among officers for the delay in Tax Deducted at Source TDS payments.…
The Patna High Court ruled that royalty is not a tax, and therefore, GST is payable on mining lease payments. The court distinguished royalty, which is a consideration for the…
The NCLAT National Company Law Appellate Tribunal dismissed an appeal and upheld the NCLT's National Company Law Tribunal decision regarding the waiver under Section 244 1B of the…
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