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The Prime Minister of India laid the foundation stone for a new terminal at Hisar Airport. This development aims to improve air connectivity in the region and boost regional…
Swiggy has launched a professional services app called Pyng. This new offering from Swiggy expands its business beyond food delivery and into the broader realm of on-demand…
Google has reportedly hired AI engineers and is paying them even during an "idle year." This suggests that Google is making a strategic investment in acquiring top talent in the…
D'Decor, a home furnishings company, has reported crossing ₹800 crore in revenue in FY24, with its profits spiking by 20%. This indicates a strong financial performance by the…
The Enforcement Directorate ED has filed a chargesheet against Rahul Gandhi and Sonia Gandhi in the National Herald case. A chargesheet is a formal complaint filed by an…
The Kerala High Court has ruled that a GST Appellate Authority must pass an order on the merits of a case, even if the appellant fails to appear for the hearing. The court…
Spark Radiology has launched a workflow platform designed for radiologists in India. This platform aims to streamline and improve the efficiency of radiology services by providing…
The Supreme Court has strongly criticized the Allahabad High Court for granting bail to an accused in a child trafficking case and has set a strict six-month deadline for the…
The Securities and Exchange Board of India SEBI has barred Gensol's promoters from holding positions as directors. This action by SEBI suggests regulatory concerns regarding the…
MoEngage, a customer engagement platform, is reportedly in talks to raise $150-180 million, with Avendus acting as the advisor. This potential funding round indicates strong…
The Enforcement Directorate ED has filed a chargesheet against Rahul Gandhi and Sonia Gandhi in the National Herald case. A chargesheet is a formal complaint filed by an…
The Delhi State Consumer Commission has directed WTC Noida to refund ₹822.7 lakhs and pay ₹970 lakhs as assured returns to a complainant who had invested in their project. This…
The Jammu & Kashmir High Court has issued a ruling regarding the issuance of a No Objection Certificate NOC and the grant of a passport to an individual with a pending criminal…
The Kerala High Court has clarified that amounts received as compensation for the compulsory acquisition of landed property would be treated as income under the head of capital…
The Karnataka High Court is hearing a case involving BJP MLA Ramesh Jarkiholi and allegations of cheating related to a Karnataka Cooperative Bank. The specifics of the cheating…
The Delhi High Court has ruled that the delivery of an arbitral award to the power of attorney POA holder of a party satisfies the requirement of delivery within the meaning of…
During a hearing at the Madras High Court regarding the ED's inquiry into TASMAC, the state of Tamil Nadu outlined its position on cooperating with the investigation. The…
The Madras High Court is hearing a case where it questioned the Enforcement Directorate ED about its "roving inquiry" into TASMAC Tamil Nadu State Marketing Corporation ,…
The National Company Law Tribunal NCLT has provided relief to the State Bank of India SBI , ruling that the absence of a creditor's name in the balance sheet does not invalidate…
The Delhi High Court has reduced the suspension period imposed by the Insolvency and Bankruptcy Board of India IBBI Disciplinary Committee on an insolvency professional, finding…
The Kerala High Court has reiterated that a GST Appellate Authority is obligated to pass an order on the merits of an appeal, even if the appellant does not appear for the…
The Madras High Court is hearing a case where it questioned the Enforcement Directorate ED about its "roving inquiry" into TASMAC Tamil Nadu State Marketing Corporation ,…
The Allahabad High Court has ruled that under Section 93 of the GST Act, there is no provision empowering authorities to make a tax determination against a deceased assessee. The…
The Allahabad High Court has clarified the interpretation of Misconduct Rule 3 1 a of the Civil Service Regulations. The ruling likely pertains to the definition and scope of…
A First Information Report FIR has been filed against OYO for alleged Goods and Services Tax GST fraud related to fake bookings. The specifics of the alleged fraud, such as the…
The Ministry of Corporate Affairs MCA has issued an alert reminding companies to file MSME Form-1 before the impending deadline. MSME Form-1 requires specified companies to…
The Income Tax Appellate Tribunal ITAT upheld the Principal Commissioner of Income Tax's PCIT revision order, noting that the Assessing Officer AO failed to properly examine ₹1.27…
The Calcutta High Court has clarified that while disputes falling under Section 31 of the Specific Relief Act related to declaratory decrees are arbitrable, arbitral awards issued…
The Bombay High Court has stayed a GST demand on development rights in revenue-sharing deals, considering the transaction as a supply of land. The court's interim order suggests…
The Bombay High Court has ruled that no GST liability arises under Entry 5 b of Schedule III of the CGST Act for development agreements that do not involve the transfer of…
The Ministry of Corporate Affairs MCA has imposed a penalty of ₹4.5 lakhs on a company and its directors for failing to address auditors' remarks in the directors' report. This…
The Income Tax Appellate Tribunal ITAT has ruled that Goods and Services Tax GST collected by a foreign company should not be included in its gross receipts for the computation of…
The Madras High Court has held that a GST assessment order issued against a deceased person is unsustainable in law. The court reiterated the fundamental legal principle that…
The Customs, Excise and Service Tax Appellate Tribunal CESTAT has ruled that there is no reverse charge liability on a tour operator when the taxi operators providing services to…
The Allahabad High Court has ruled that GST authorities must draw samples of goods before concluding that they have been misrepresented, and subsequently quashed a detention…
The Delhi High Court has reduced the suspension period imposed by the Insolvency and Bankruptcy Board of India IBBI Disciplinary Committee on an insolvency professional. This…
The Delhi High Court has quashed a CESTAT ruling that invalidated the Directorate of Revenue Intelligence's DRI jurisdiction to issue notices under Section 28 of the Customs Act.…
The Kerala High Court has quashed a demand for late fee payment under Section 234E of the Income Tax Act, citing a lack of jurisdiction. Section 234E pertains to the levy of fees…
The National Company Law Tribunal NCLT has provided relief to the State Bank of India SBI , ruling that the absence of a creditor's name in the balance sheet does not invalidate…
The Orissa High Court has allowed the disbursement of a sanction order in favor of Vedanta Ltd. regarding a reimbursement of GST paid in a Special Economic Zone SEZ . This ruling…
The Goods and Services Tax GST Department is reportedly probing restaurants listed on online food delivery platforms like Zomato and Swiggy over alleged unpaid tax on packaging…
A First Information Report FIR has been filed against OYO for alleged Goods and Services Tax GST fraud related to fake bookings. The specifics of the alleged fraud, such as the…
Microsoft has won a service tax interest case, with the CESTAT citing the automatic interest provision under Section 11BB of the Central Excise Act, 1944 as made applicable to…
Exporters have lost their appeal as the CESTAT barred the refund of service tax paid under Section 68 2 of the Finance Act, 1994. The specific reasons for the denial of the refund…
The Ministry of Corporate Affairs MCA has issued an alert reminding companies to file MSME Form-1 before the impending deadline. MSME Form-1 requires specified companies to…
The Delhi High Court has temporarily lifted the liquor sale ban imposed on Hauz Khas Social by the Excise Department. The reasons for the initial ban and the grounds for the…
The Ministry of Corporate Affairs MCA has penalized a company and its directors for non-disclosure of changes in directors in the company's board report. This action highlights…
ONGC has won a service tax case, with the CESTAT ruling that liquidated damages are not taxable under Section 66EE of the Finance Act, 1994. The tribunal reasoned that liquidated…
The CESTAT has ruled in favor of Honda, stating that no service tax is applicable on excess freight charges collected from dealers. The tribunal held that these excess charges…
The Income Tax Appellate Tribunal ITAT restricted the addition of income to 25% in a case where the assessee failed to establish the source of certain income. While the assessee…
The Prime Minister of India laid the foundation stone for a new terminal at Hisar Airport. This development aims to improve air connectivity in the region and boost regional…
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