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Bluestone and Aye Finance have received SEBI's approval for their Initial Public Offerings IPOs . This nod from the capital markets regulator is a crucial step for both companies…
Ecom Express recorded ₹1912 crore in revenue during the first nine months of FY25. This financial performance provides insight into the scale of operations and revenue generation…
The provided link title indicates that the Kerala High Court criticized members of the Red Cross Society. However, the title does not provide specific details about the reasons…
The Karnataka High Court ordered the Bangalore Bruhat Mahanagara Palike BBMP to allow law students to inspect facilities in its schools. This directive aims to assess the…
The Delhi High Court held that the onus of proof is on the Review Medical Board to prove how a disability isn't attributable to or aggravated by service. This ruling pertains to…
The Telangana High Court dismissed an appeal in the Dilshuknagar twin bomb blast case, upholding the conviction of the accused. This decision by the High Court reaffirms the…
The Madras High Court criticized the ED and the Tamil Nadu government for filing a transfer petition related to the TASMAC case. The court's criticism suggests its disapproval of…
The Karnataka High Court issued an interim order restraining media from publishing defamatory statements against Ranya Rao K. and Ramchandra Rao Centre. The court's intervention…
The Jharkhand High Court ordered a ₹123 crore GST refund to Tata Steel over ITC Input Tax Credit on compensation cess. The court ruled in favor of Tata Steel, directing the tax…
The Supreme Court is considering a plea by the Kerala government against the Governor referring bills to the President, citing a Tamil Nadu case judgment that covers the issue.…
The Gauhati High Court dismissed a Congress candidate's election petition against BJP MP Kripanath Mallah. The court's decision upholds the election of the BJP MP, finding no…
The Bombay High Court is hearing an appeal against an order restraining the release of the film "Shaadi Ke Director Karan Aur Johar." The court's involvement indicates a legal…
The Jammu & Kashmir and Ladakh High Court delivered a ruling regarding the admission and denial of documents under Section 294 of the Criminal Procedure Code CrPC . The court's…
Wealthtech startup Scripbox is reportedly seeking funding at a valuation of $200 million. This indicates the growth and potential of the online wealth management platform. The…
The Telangana High Court upheld the decision of the Sales Tax Appellate Tribunal, stating that natural gas sold under Entry 23 of the 6th Schedule of the APGST Act since natural…
The Delhi High Court held that merely because a woman does not commit suicide in her matrimonial home, it cannot automatically mean it's not a case of dowry death. The court…
The Bombay High Court held that a false promise to marry as per customs does not vitiate consent in a relationship. The court's ruling distinguishes between a false promise of…
The Jammu & Kashmir and Ladakh High Court delivered a ruling regarding the admission and denial of documents under Section 294 of the Criminal Procedure Code CrPC . The court's…
The Income Tax Department, in a crackdown on GST evasion, seized a tobacco-laden truck worth ₹1 crore in Assam. This action highlights the efforts of tax authorities to curb…
The Allahabad High Court directed the UP Minority Department Secretary to file a fresh affidavit regarding compliance with elections for the Sunni Waqf Board. The court's order…
The Income Tax Department, in a crackdown on GST evasion, seized a tobacco-laden truck worth ₹1 crore in Assam. This action highlights the efforts of tax authorities to curb…
The government notified a major amalgamation of Regional Rural Banks RRBs across four states and a Union Territory: Andhra Pradesh, Bihar, Gujarat, Karnataka, and Jammu & Kashmir.…
A temporary exemption from ICEGATE manual duty payments via TR6 is permitted for SEZ IT/ITES units. This measure aims to streamline customs procedures for units operating within…
The ITAT deleted an addition of ₹1 crore, citing no evidence of cash receipt and a lack of corroborative proof. The tribunal found that the Assessing Officer had made the addition…
The Telangana High Court ordered 6% interest for the delayed payment of ₹80.26 crore price adjustment under a GST-linked works contract. The court recognized the delay in payment…
The Rajasthan High Court upheld income tax proceedings based on WhatsApp chats that revealed transactions worth crores. The court considered the WhatsApp chats as relevant…
The Madras High Court held that a works contract with RVNL for doubling a railway track and allied construction attracts GST. The court clarified the classification of such…
The ITAT deleted a penalty of ₹1 lakh on a builder, citing an auditor's mistake and a lack of intent to evade tax. The tribunal acknowledged that the error in tax computation was…
The Supreme Court ruled that the limitation period under the IBC Insolvency and Bankruptcy Code starts from the date of judgment pronounced in open court. This clarification…
The ITAT deleted a capital gains addition under the Income Tax Act, ruling "no possession, no taxation." The tribunal held that capital gains tax cannot be levied if the assessee…
The Supreme Court condoned the delay in a Section 151 matter on sanction for notice, in terms of the judgment in the Rajeev Bansal case. Section 151 of the Income Tax Act deals…
The government clarified the customs duty and classification of interactive flat panel displays and other monitors. This clarification aims to provide clarity to importers and…
The Himachal Pradesh High Court held that leave encashment payment made after the financial year is not deductible under the Income Tax Act without accrued liability. The court…
The NCLAT ruled that the Adjudicating Authority cannot accept the report of the Resolution Professional RP without independent assessment under the Insolvency and Bankruptcy Code…
The Rajasthan High Court upheld income tax proceedings based on WhatsApp chats that revealed transactions worth crores. The court considered the WhatsApp chats as relevant…
₹1 crore worth of hydroponic ganja was seized at IGI Airport, and two Thai nationals were arrested. This incident highlights the ongoing efforts to combat drug trafficking through…
The Telangana High Court directed authorities to act on a de-notification request for land wrongly listed under prohibited properties due to attachment. The court acknowledged the…
The Telangana High Court set aside income tax garnishee notices and directed the tax authorities to first decide on pending appeals and stay applications. The court's order…
The Madras High Court held that a works contract with RVNL for doubling a railway track and allied construction attracts GST. The court clarified the classification of such…
The ITAT ruled that a PCIT revision order was not erroneous, upholding the assessment order as the unexplained money matter was properly verified. The tribunal found that the…
The Karnataka High Court quashed an ex-parte GST order due to non-response to GST notices caused by the father's illness. The court recognized the genuine hardship faced by the…
The ITAT set aside an income tax addition for turnover mismatch due to a lack of evidence. The tribunal also deleted a disallowance under Section 40A 3 as the income was…
The Centre is reportedly finalizing a move to bring online gaming apps under the purview of the Prevention of Money Laundering Act PMLA . This potential regulatory change reflects…
The ITAT restored a matter where the AO added ₹30 crore as unexplained investment, in the interest of justice, with a penalty. The tribunal found it appropriate to give the…
The Karnataka High Court directed consideration of a representation regarding a GST rate hike on a pre-existing work order within eight weeks. The court's directive acknowledges…
Chhattisgarh recorded an 18% growth in GST collection for March 2025. This significant increase indicates positive economic momentum in the state. The higher GST revenue suggests…
The ITAT set aside a CIT A 's ex-parte order passed without notice to the assessee, citing a violation of natural justice. The tribunal emphasized that it is a fundamental…
Over 3.24 lakh individuals filed income tax returns for income above ₹1 crore in FY 2024-25. This data highlights the number of high-net-worth individuals in the country. The…
Maharashtra's GST collection surged to ₹2.25 lakh crore, surpassing the revenue target. This indicates strong economic activity and efficient tax administration in the state. The…
Increff's founders' D2C apparel venture, Outzidr, has secured INR 30 crore in funding. This capital infusion will support the growth and expansion of the direct-to-consumer D2C…
Bluestone and Aye Finance have received SEBI's approval for their Initial Public Offerings IPOs . This nod from the capital markets regulator is a crucial step for both companies…
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