The ITAT has set aside an order denying expense deductions due to a lack of supporting documents. The tribunal emphasized the need for a fair assessment of evidence. This decision…
12/03/20251 min read
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The ITAT has set aside an order denying expense deductions due to a lack of supporting documents. The tribunal emphasized the need for a fair assessment of evidence. This decision…
Unicommerce's promoters, Kunal Bahl and Rohit Bansal, have increased their stake in the company, showcasing their continued commitment and confidence in its future. This move…
PB Fintech's founders are set to inject INR 829 crore into their healthcare arm, aiming to bolster its growth and expansion. This significant investment highlights the founders'…
Bessemer has closed its second India-focused fund at $350 million. This fund will support investments in promising Indian startups. This move underscores Bessemer's confidence in…
Jio has inked a deal with SpaceX to offer Starlink's internet services, following Airtel's similar move. This partnership aims to provide satellite-based internet connectivity in…
Rapido is set to take on Swiggy and Zomato in the food delivery segment. This move signals Rapido's diversification and expansion strategy. The company aims to leverage its…
Salman Khan and Sachin Tendulkar have joined Purple Style Labs' new funding round. This investment adds significant star power to the company. The participation of these…
Loom Solar has surpassed Rs 150 crore in revenue in FY24, with profits tripling. This financial performance highlights the company's strong growth trajectory. The significant…
CityMall is set to raise Rs 55 crore in debt and expand its ESOP pool. This move aims to fuel the company's growth and operational expansion. The debt financing will support…
The Karnataka High Court has granted interim relief to the husband of actress Ranya Rao, who is accused in a gold smuggling case. This interim relief provides temporary protection…
The Delhi High Court has awarded Johnson & Johnson ₹334 crore in compensation in a counterfeit medical products case. This ruling underscores the judiciary's commitment to…
The Karnataka High Court is set to clarify the scope of the 2025 ordinance against coercive loan recoveries. This intervention aims to protect borrowers from abusive recovery…
The NCLAT Principal Bench has ruled that penalties under Section 65 of the IBC can be imposed on those who initiate the insolvency process. This decision reinforces accountability…
The Delhi High Court has allowed Vodafone to claim ₹51 crore depreciation over estimated costs to restore mobile tower sites, treating it as a laid-out expense rather than a…
Specialty chemicals startup Scimplify has raised $40 million in a Series B funding round. This investment will support Scimplify's expansion and technological advancements. This…
The Delhi High Court has clarified that a subsequent notice under Section 284 of the Customs Act cannot be supplementary to a prior notice under Section 281, as both provisions…
CESTAT has ruled that the FOB Free on Board value of goods cannot be modified by anyone, including customs officers. This decision reinforces the sanctity of declared export…
The Delhi High Court has held that a genuine disagreement with the customs department regarding the classification of goods does not constitute suppression of facts by a trader…
The Supreme Court has clarified that a legal representative in motor accident claims is one who suffers a loss, and need not be a spouse, child, or parent of the deceased. This…
The Bombay High Court, quoting A.G. Noorani, stated that "intolerance of orthodoxy" is a bane of Indian society and quashed a case against Kailash Kher for allegedly hurting…
The Punjab and Haryana High Court has declared the Punjab government's notification regarding the resumption of ownership rights in Rajpura's industrial estate projects as…
The Delhi High Court has clarified that the veracity of allegations against a settlement agreement cannot be examined by a court in an application under Section 11 of the…
The Kerala High Court is considering a petition filed by the father of Shahabas, who was murdered, seeking to halt an examination. The petitioner argues that the examination…
The Madras High Court has ruled that a pleading in a civil suit cannot be registered as an instrument. The court clarified that pleadings are procedural documents and do not fall…
The Delhi High Court has ordered YouTuber Shyam Meera Singh to remove a defamatory video targeting Sadhguru and the Isha Foundation. The court's decision emphasizes the importance…
The Karnataka High Court has addressed an FIR against YouTuber Sameer MD for hurting religious sentiments in the Dharmasthala Soujanya case. The court examined the legal aspects…
The Punjab and Haryana High Court has ruled on a child custody case, considering personality versus financial security. The court emphasized the importance of the child's best…
The Jammu and Kashmir High Court has ruled on a case concerning the rejection of a medical insurance claim for psychiatric treatment. The court examined the legal aspects of the…
The Orissa High Court has ruled on a case concerning maintenance for a jobless husband and wife under the Hindu Marriage Act. The court examined the legal aspects of maintenance…
The Kerala High Court has ruled that a Magistrate's bail cancellation can be challenged in the High Court for violating conditions. The court emphasized the importance of…
The Rajasthan High Court is hearing a plea against an HPCL petrol pump near a crematorium. The court is examining the legal aspects of the location and the plea. The ruling…
The Madras High Court has ruled that an insurance company must disburse the amount to the nominee in a dispute with a legal heir. The court emphasized the importance of honoring…
An NSO survey shows that monthly per capita consumption expenditure has risen by 9.2% in both rural and urban India. This data reflects economic growth and increased consumer…
The Madras High Court has ruled that an insurance company must disburse the amount to the nominee in a dispute with a legal heir. The court emphasized the importance of honoring…
The Delhi High Court has clarified that a subsequent notice under Section 284 of the Customs Act cannot be supplementary to a prior notice under Section 281, as both provisions…
CESTAT has ruled that the FOB Free on Board value of goods cannot be modified by anyone, including customs officers. This decision reinforces the sanctity of declared export…
The Delhi High Court has held that a genuine disagreement with the customs department regarding the classification of goods does not constitute suppression of facts by a trader…
The Supreme Court has clarified that a legal representative in motor accident claims is one who suffers a loss, and need not be a spouse, child, or parent of the deceased. This…
The Bombay High Court, quoting A.G. Noorani, stated that "intolerance of orthodoxy" is a bane of Indian society and quashed a case against Kailash Kher for allegedly hurting…
The Punjab and Haryana High Court has declared the Punjab government's notification regarding the resumption of ownership rights in Rajpura's industrial estate projects as…
The Delhi High Court has clarified that the veracity of allegations against a settlement agreement cannot be examined by a court in an application under Section 11 of the…
The Kerala High Court is considering a petition filed by the father of Shahabas, who was murdered, seeking to halt an examination. The petitioner argues that the examination…
The Madras High Court has ruled that a pleading in a civil suit cannot be registered as an instrument. The court clarified that pleadings are procedural documents and do not fall…
The Delhi High Court has ordered YouTuber Shyam Meera Singh to remove a defamatory video targeting Sadhguru and the Isha Foundation. The court's decision emphasizes the importance…
The Karnataka High Court has addressed an FIR against YouTuber Sameer MD for hurting religious sentiments in the Dharmasthala Soujanya case. The court examined the legal aspects…
The Punjab and Haryana High Court has ruled on a child custody case, considering personality versus financial security. The court emphasized the importance of the child's best…
The Jammu and Kashmir High Court has ruled on a case concerning the rejection of a medical insurance claim for psychiatric treatment. The court examined the legal aspects of the…
The Orissa High Court has ruled on a case concerning maintenance for a jobless husband and wife under the Hindu Marriage Act. The court examined the legal aspects of maintenance…
The Kerala High Court has ruled that a Magistrate's bail cancellation can be challenged in the High Court for violating conditions. The court emphasized the importance of…
The Rajasthan High Court is hearing a plea against an HPCL petrol pump near a crematorium. The court is examining the legal aspects of the location and the plea. The ruling…
The ITAT has set aside an order denying expense deductions due to a lack of supporting documents. The tribunal emphasized the need for a fair assessment of evidence. This decision…
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