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Vedanta's demerger plan faced a setback as the NCLT rejected Talwandi Power's scheme. This rejection highlights the complexities of corporate restructuring and the importance of…
The EOW will conduct a lie detector test on key accused Hitesh Mehta in the ₹122 crore New India Co-op Bank scam, and the RBI faces scrutiny. This action highlights the…
The RBI announced ₹19 lakh crore liquidity injection measures. This action highlights the central bank's efforts to manage market liquidity. It underscores the importance of…
The Madras High Court quashed an FIR against OpIndia's Nupur Sharma and Rahul Roushan. This decision highlights the court's role in protecting freedom of speech. It underscores…
The CCI ruled that there are no anti-competitive practices in the PM SHRI scheme procurement process. This decision highlights the CCI's role in assessing competition in…
The Bombay High Court is set to decide if donuts should be taxed at 5% or 18% GST. This action highlights the court's role in clarifying GST classifications. It underscores the…
A district consumer court held Byju's learning app liable for deficiency in service for coercing and harassing a complainant. This decision highlights the importance of ethical…
A consumer court held Imperia Structures Ltd. liable for deficiency of service for failing to hand over possession of a flat to a homebuyer. This decision highlights the…
A deposit insurance cover hike may dent banks' net profit up to ₹12,000 crore, according to Business Standard. This analysis highlights the financial impact of regulatory changes.…
TAC Infosec shares recovered losses and rallied 5% to hit the upper circuit. This stock market performance highlights the volatility of share prices and the potential for rapid…
The Supreme Court ordered a tree census in the Taj Trapezium Zone and directed the Forest Research Institute to conduct a survey. This action highlights the court's concern over…
The Supreme Court directed states to immediately pay salaries and perquisites to consumer forum members as per existing rules. This decision highlights the court's concern over…
The Supreme Court questioned the Delhi government on how a state government and its department can engage two separate advocates. This action highlights the court's concern over…
The Supreme Court sought an affidavit from the Uttarakhand Chief Secretary regarding a CAG report claiming misutilization of CAMPA funds to buy iPhones and laptops. This action…
The Supreme Court slammed the Punjab government for disowning an undertaking given by the Additional Advocate General and hauled up the Chief Secretary. This action highlights the…
The Supreme Court ordered a CBI probe into a builder-banks nexus, citing NCR homebuyers being taken to ransom. This action highlights the court's concern over financial…
The Supreme Court set aside a BCI order dismissing a complaint against a law firm, citing no reason recorded, and directed reconsideration. This decision highlights the importance…
The Supreme Court ruled that non-executive independent company directors are not liable for cheques dishonor under Section 141 of the NI Act, unless their direct involvement is…
The Calcutta HC ruled that long-term casual workers performing essential duties are entitled to regularization, stating that a reduction in workload is not a valid ground to deny…
The Allahabad High Court emphasized the rationale to maintain supervision by an advocate and administrative judge, citing a recent visit to the Agra Police Commissioner. This…
The Madras High Court quashed an FIR against Rahul Roushan and Nupur Sharma. This decision highlights the court's role in protecting freedom of speech. It underscores the…
The Delhi High Court ruled that when calculating the limitation period under Section 34 of the Arbitration Act, time spent in the wrong court is excluded under Section 14 of the…
The Kerala High Court ruled that a party in person, registered as an e-filer, cannot use another user ID. This decision clarifies the procedural rules for e-filing. It underscores…
The Jammu & Kashmir High Court ruled that IBC moratorium and interim compensation under the Negotiable Instruments Act are negotiable. This decision clarifies the interplay…
The Madras High Court addressed an FIR against a news channel for allegedly revealing a POCSO victim's identity. This action highlights the court's concern over protecting…
The CCI dismissed an antitrust complaint against Microsoft for bundling antivirus software. This decision highlights the regulatory scrutiny of tech giants and the importance of…
The Delhi HC ruled that no liberalized family pension is granted for death during casual leave, as a direct causal link with official duty is essential. This decision clarifies…
The Rajasthan High Court ruled on the payment of subsistence allowance to a suspended employee. This decision clarifies the rights of suspended employees. It underscores the…
The Karnataka High Court ordered the refund of a mandatory service period indemnity bond amount to a Vijaya Bank employee. This decision clarifies the legality of indemnity bonds.…
The Kerala High Court addressed the issue of child marriage in Wayanad tribal communities, through KELSA. This action highlights the court's concern over social issues. It…
The Delhi HC upheld ITAT's order upholding income tax addition, treating increase in share capital as a sham transaction. This decision highlights the importance of proving the…
CESTAT waived penalties for Reliance Stainless Steel and co-noticees, granting relief under the SVLDRS 2019 scheme. This decision highlights the benefits of the SVLDRS scheme. It…
CESTAT found SEZ service tax refund rejection for Piramal Enterprises unjustified, ordering fresh adjudication. This decision highlights the importance of fair adjudication. It…
ITAT allowed Axis Bank deduction for service tax expenses under Section. This decision clarifies the deductibility of service tax expenses. It underscores the importance of…
Shraeyansh Thakur resigned from Peak XV after a decade with the company. This departure highlights the dynamics of leadership changes in the venture capital industry and the…
ITAT set aside a ₹ crore unexplained cash credit addition, ruling that additions cannot be made without incriminating documents. This decision highlights the importance of…
Vedanta's demerger is in trouble as NCLT struck down Talwandi Sabo Power's scheme over financial non-disclosure. This decision highlights the importance of transparency in…
ITAT remanded a business expense disallowance matter due to invalid service of income tax notice via the ITBA portal. This decision highlights the importance of proper notice…
ITAT remanded a cooperative society's demonetization cash deposit matter as CITA failed to decide on merits. This decision highlights the importance of thorough adjudications. It…
The Madras HC restored GST registration cancelled for temporarily closing business and travelling abroad during Diwali. This decision clarifies the grounds for GST registration…
ITAT ruled that PCIT's revision of AO's order, citing trade receivable transfer during amalgamation, was misconceived on facts. This decision highlights the importance of accurate…
Mansukhbhai D. submitted an ICMAI memorandum to the Select Committee, advocating for the inclusion of cost accountants as accountants in the Income Tax Bill. This action…
The Income Tax Department is probing taxpayers who availed Section 80GGC deduction for political donations in FY 21-22. This action highlights the department's scrutiny of tax…
The Delhi HC ruled that a standard form for waiver of SCN and personal hearing is not a substitute for statutory obligation, deeming seizure without SCN illegal. This decision…
The Finance Ministry reiterated the government's steadfast commitment to reducing regulatory burdens. This statement highlights the government's focus on improving the business…
The Delhi HC disposed of Apcotex's anti-dumping duty dispute after the domestic industry withdrew its claim for duty imposition. This action highlights the resolution of trade…
DGFT updated the SION for Metronidazole Gel. This update highlights the DGFT's efforts to maintain accurate trade data. It underscores the importance of up-to-date information.…
AICMAA issued a directive that official communication to government bodies shall be issued only by the President, Secretary, or authorized spokesperson. This directive highlights…
The CCI ruled that the supply of Microsoft Defender antivirus with Windows OS is not an abuse of dominant position. This decision highlights the CCI's role in assessing…
AAR ruled that milling services for PDS flour are exempt from GST as the goods component stays below the threshold. This decision clarifies the GST exemption for specific…
Vedanta's demerger plan faced a setback as the NCLT rejected Talwandi Power's scheme. This rejection highlights the complexities of corporate restructuring and the importance of…
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