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The Patna High Court granted bail to an accused in an alleged GST invoice scam, citing the lack of proper evidence against the individual. While the specifics of the scam are not…
Former Chief Secretary K. M. Abraham is facing a CBI Central Bureau of Investigation probe over allegations of disproportionate assets, following an order from the Kerala High…
The RBI Reserve Bank of India has updated the Lead Bank responsibility following the reorganization of districts in Rajasthan. This administrative adjustment by the central bank…
The Karnataka High Court held that no VAT Value Added Tax is leviable on the value of land under a works contract, as per the KVAT Karnataka Value Added Tax Act. The court…
The Calcutta High Court rejected a GST revocation plea due to the non-existence of the business. The court found that the GST registration was obtained for a business that was…
The ITAT Income Tax Appellate Tribunal remanded a ₹4 crore Long-Term Capital Gains LTCG addition matter, noting that the taxpayer was not the property owner but only a Power of…
The Kerala High Court directed the petitioner to file an appeal before the GST Appellate Tribunal GSTAT against an order passed under the CGST Act, considering that the tribunal…
The Orissa High Court directed the petitioner to deposit the outstanding Motor Vehicle MV tax in a challenge against the uploading of tax arrears on the Transport Department's web…
The Calcutta High Court upheld a transfer order passed under Section 127 of the Income Tax Act eight years ago. Section 127 empowers tax authorities to transfer cases from one…
The Calcutta High Court stayed a GST demand, considering it revenue neutral, where the taxpayer had wrongly claimed Input Tax Credit ITC under IGST Integrated Goods and Services…
Taj GVK Hotels has received a service tax demand related to an alleged mismatch in the availment of abatement. Abatement in service tax allows for a reduction in the taxable value…
The ITAT Income Tax Appellate Tribunal ordered the reconsideration of a trust's registration and imposed costs. The tribunal found deficiencies in the initial assessment of the…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled in favor of Berger Paints, recognizing ethyl benzene as a xylene isomer in a customs classification dispute. The…
The Karnataka High Court held that an allegation of illegal gratification under Section 13 1 d of the Prevention of Corruption Act, based on uncorroborated evidence, is not…
The ITAT Income Tax Appellate Tribunal upheld the CITA Commissioner of Income Tax Appeals order, ruling that no addition can be made under Section 69A of the Income Tax Act…
The ITAT Income Tax Appellate Tribunal dismissed the revenue's appeal, holding that no addition under Section 68 of the Income Tax Act can be made for partners' capital when their…
The Kerala High Court rejected a challenge against a GST penalty imposed under Section 74 of the CGST Act, citing the delay in filing the appeal and the absence of any…
The ITAT Income Tax Appellate Tribunal allowed a deduction of ₹6.47 crore towards lease rent expense, citing the lessee's right to claim depreciation on the leasehold…
The Madras High Court convicted a DRT Debt Recovery Tribunal Recovery Officer in a corruption case. This ruling underscores the judiciary's commitment to holding public officials…
GTRI Global Trade Research Initiative has cautioned against a full Free Trade Agreement FTA with the U.S., recommending a "zero for zero" trade deal after the current tariff pause…
The RBI Reserve Bank of India has updated the Lead Bank responsibility following the reorganization of districts in Rajasthan. This administrative adjustment by the central bank…
Former Chief Secretary K. M. Abraham is facing a CBI Central Bureau of Investigation probe over allegations of disproportionate assets, following an order from the Kerala High…
GSTN has issued an advisory providing guidance on reporting values in Table 3.2 of GSTR-3B. This table pertains to inter-state supplies made to unregistered persons, composition…
GSTN Goods and Services Tax Network has announced the implementation of Phase III changes in Table 12 of GSTR-1 and GSTR-1A, effective from April 2025. These changes will…
The Punjab and Haryana High Court emphasized that a pragmatic approach is warranted to combat the rising trend of real estate fraud. While the specific details of the case are not…
The Himachal Pradesh High Court ruled that a delay beyond the prescribed period under Section 34 3 of the Arbitration and Conciliation Act cannot be condoned due to the…
The Kerala High Court granted bail to a 91-year-old accused. While the specifics of the case are not detailed in the title, the granting of bail to such an elderly individual…
The Karnataka High Court stated that the Real Estate Regulatory Authority RERA registry cannot decide upon the maintainability of complaints. The court clarified that the RERA…
Following a cut in the Reserve Bank of India's RBI repo rate, both State Bank of India SBI and Bank of India have reportedly slashed their fixed deposit FD rates. This is a…
The Indian Banks' Association IBA has urged the Reserve Bank of India RBI to empower banks further in their fight against money mule fraud. Money mule fraud involves individuals…
EaseMyTrip has allotted 12.57 crore shares for various acquisitions. This issuance of new shares is a common method for companies to fund acquisitions, allowing them to conserve…
The Kerala High Court ruled that a college supplying food through a canteen, even if managed by an educational trust, is liable for registration under the Kerala Value Added Tax…
The NCLAT National Company Law Appellate Tribunal ruled that a mortgagee bank cannot seek the exclusion of a property from a resolution plan approved by unit holders who possess…
EaseMyTrip has allotted 12.57 crore shares for various acquisitions. This issuance of new shares is a common method for companies to fund acquisitions, allowing them to conserve…
Plugzmart, an Indian startup, has received ARAI Automotive Research Association of India nod for its indigenous EV electric vehicle charger. This certification is a significant…
The Delhi High Court ruled that under Section 54 11 of the GST Act, an assessee's refund cannot be withheld solely based on the Commissioner's opinion; twin conditions must be…
CESTAT Customs, Excise, and Service Tax Appellate Tribunal ruled that CENVAT credit is not admissible on the training of employees of GAIL Gas Authority of India Ltd. by training…
The Madras High Court held that CENVAT credit cannot be denied merely on the non-submission of a user test certificate. The court stated that while a user test certificate might…
The Kerala High Court reiterated the principle that once a tax has been assessed, the entire amount has to be paid unless there are specific amnesty schemes providing relief. The…
GSTN has issued an advisory stating that Table 3.2 in GSTR-3B, which pertains to inter-state supplies to unregistered persons, composition taxpayers, and UIN holders, will be…
The Bangalore District Consumer Disputes Redressal Commission held Niva Bupa Health Insurance Co. liable for the wrongful repudiation of a valid claim. The commission found that…
The Jharkhand High Court ruled that the Competent Authority under the Jharkhand Apartment Flat Ownership Act, 2011, is not a judicial authority. Consequently, the pendency of…
The Mysore Consumer Commission dismissed a complaint against LIC Life Insurance Corporation of India , holding that multiple policies taken in a short span with different name…
The NCDRC National Consumer Disputes Redressal Commission opined that the unjustified imposition of 10% interest for deficiency in service is unreasonably high and should range…
The NCDRC National Consumer Disputes Redressal Commission dismissed a revision petition against National Insurance Co., ruling that an insurance claim can be denied if the driver…
The Karnataka High Court held that the value of land under a works contract is not exigible to VAT Value Added Tax . The court's ruling clarifies the tax treatment of works…
The MCA Ministry of Corporate Affairs penalized a company and its directors for failing to address auditors' remarks in the directors' report for FY 2019-20. Companies are…
The Karnataka High Court directed the authorities to follow the ruling of the apex court in a challenge against the 12% Forest Development Tax levied on forest products. The High…
The MCA Ministry of Corporate Affairs imposed a penalty on a company and its directors for the second time due to the continued non-maintenance of a registered office. This…
The Calcutta High Court held that merely supplying a warrant of arrest and notifying penal sections without mentioning the substance of the charge violates Article 22 of the…
The Patna High Court granted bail to an accused in an alleged GST invoice scam, citing the lack of proper evidence against the individual. While the specifics of the scam are not…
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