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Zoho is developing an energy-efficient Indic LLM. This initiative highlights Zoho's commitment to innovation in artificial intelligence. It underscores the importance of…
The Supreme Court ruled that washing and dry cleaning of clothes qualify as a manufacturing process under the Factories Act. This decision clarifies the scope of manufacturing…
Post-RERA, 1.19 lakh projects comprising 97.14 lakh units have been registered. This data highlights the impact of RERA on the real estate sector. It underscores the importance of…
The Madras HC ruled that a GST appeal cannot be rejected for minor delays in filing if pre-deposit and additional amounts are paid. This decision highlights the importance of…
The Karnataka HC ruled that ITC refund cannot be denied stating non-issuance of credit note by other party to contract. This decision clarifies the conditions for ITC refunds. It…
The Supreme Court dismissed the Revenue's SLP against Standard Chartered Bank, ruling that TRAN-01 can be filed via another state's GST portal in case of technical glitches. This…
The ITAT ruled that an assessee's income should be chargeable under the head "income from other sources" for depreciation claims. This decision clarifies the classification of…
CESTAT quashed a penalty under Section 114, ruling that export proceeded after customs clearance and receipt of foreign remittance. This decision highlights the importance of…
EV two-wheeler registrations slipped 27% MoM in February, with Bajaj taking the top spot. This data highlights the fluctuations in the EV market. It underscores the importance of…
Paytm will resolve FEMA allegations linked to Little and Nearbuy. This move highlights Paytm's efforts to address regulatory concerns. It underscores the importance of compliance…
UPI transactions declined in February but remain strong YoY. This data highlights the fluctuations in digital payment usage. It underscores the importance of analyzing transaction…
The ITAT held an assessee negligent, stating that the failure of a CA and advocate is not attributable to a delay in appeal filing. This decision clarifies the responsibility of…
The ITAT remanded an income addition dispute matter, stating that CITA must decide on merits even in ex-parte cases. This decision highlights the importance of fair adjudication.…
The Supreme Court ruled in favor of Tata Realty directors, stating that directors are not automatically liable for a company's wrongful acts without direct involvement. This…
The RBI reported that 98.18 percent of ₹2000 notes have been returned, with ₹6471 crore still circulating. This report highlights the success of the note withdrawal process. It…
The Lok Sabha Speaker highlighted legal and financial reforms at an ICAI symposium on "Viksit Bharat 2047." This event emphasizes the government's focus on economic development.…
The Delhi High Court upheld a ₹28 crore arbitration award against Bajaj Finance over the sale of security. This decision highlights the court's role in enforcing arbitration…
The Supreme Court deplored the practice of making oral mentions to modify orders/judgments, stating that judicial verdicts are not like sand dunes. This decision highlights the…
The Allahabad High Court issued an order regarding the Noida Sports City development project. This decision highlights the court's role in addressing urban development issues. It…
GST collections in February 2025 surged 9.1 percent to ₹1.83 lakh crore. This growth highlights the robust performance of the GST regime. It underscores the importance of…
IdeaForge shares tumbled 6% to hit a fresh all-time low. This market movement highlights the volatility in the drone technology sector. It underscores the impact of market trends…
CRISIL sees India's GDP growing at 6.5% in FY26. This forecast highlights the positive outlook for India's economic growth and the confidence in its economic policies. It…
Zoho is developing an energy-efficient Indic LLM. This initiative highlights Zoho's commitment to innovation in artificial intelligence. It underscores the importance of…
The mutual fund industry is pulling back to bow for a 33 trillion AUM bullseye. This move highlights the strategic adjustments in the mutual fund sector. It underscores the…
The Delhi ITAT quashed a revision against OYO, ruling that transactions between holding and subsidiary companies for the issuance of shares are not covered under Section 56 2 viib…
The Madhya Pradesh High Court addressed bail in a case involving social media passwords, mobile phone data, body fluids, and blood samples of the accused. This decision highlights…
A plea was filed in the Punjab and Haryana High Court for the implementation of the Supreme Court's guidelines regarding the demolition of alleged drug peddlers' properties in…
FirstCry's Chief of Staff, Sanket Hattimattur, has quit. This departure highlights changes in FirstCry's leadership team. It underscores the importance of leadership stability.…
The Madhya Pradesh High Court addressed bail in a case involving social media passwords, mobile phone data, body fluids, and blood samples of the accused. This decision highlights…
Shifting headquarters from Kolkata to Bengaluru increased company valuation by 50%, claims entrepreneur; netizens say pincode matters. This claim highlights the potential impact…
Post-RERA, 1.19 lakh projects comprising 97.14 lakh units have been registered. This data highlights the impact of RERA on the real estate sector. It underscores the importance of…
The Bombay HC dismissed a plea to transfer RBI bonds of a Jain man who became a monk, citing a lack of jurisdiction. This decision highlights the importance of jurisdictional…
The Bombay High Court ruled that a marriage under the Special Marriage Act is not illegal merely because either spouse did not live in the district where the marriage was…
The ITAT ruled that rental income from business assets is to be taxed under "income from house property," not as business income. This decision clarifies the tax treatment of…
SEBI revised and clarified nomination norms for demat accounts and mutual fund portfolios. This revision aims to enhance investor protection. It underscores the importance of…
Flipkart has shut down ANS Commerce and laid off its workforce. This move highlights the competitive pressures in the e-commerce sector. It underscores the importance of adapting…
Google is leveraging satellite imagery to build an agri-stack for India. This initiative highlights Google's efforts to support the agricultural sector. It underscores the…
Tata Sons Chairman has advocated for sovereign AI and warned of digital colonialism. This statement highlights the importance of data sovereignty and AI development. It…
EV two-wheeler registrations slipped 27% MoM in February, with Bajaj taking the top spot. This data highlights the fluctuations in the EV market. It underscores the importance of…
TRAI has rejected several DoT requests on the satcom authorisation regime, according to a report. This decision highlights the regulatory challenges in the satellite communication…
The Telangana HC ruled that valid judicial scrutiny cannot be done on GST SCN orders issued without the signature of a proper officer. This decision highlights the importance of…
The Kerala HC stayed recovery proceedings under the Income Tax Act regarding TDS demand on consultant doctors of Muthoot Health Care. This decision highlights the court's role in…
Voltas has been hit with a GST demand alleging tax discrepancies and excess input credit. This demand highlights the importance of accurate GST compliance for businesses. It…
16% of credit card spending in India takes place on the RuPay network, according to Dilip Asbe. This statistic highlights the growing adoption of the RuPay network. It underscores…
India has started exporting Apple components to China and Vietnam, according to a report. This development highlights India's growing role in the global supply chain. It…
Jio Platforms is building a cloud-based PC to help users deploy AI apps. This initiative highlights Jio's efforts to expand its cloud services. It underscores the importance of…
Shailendra Ajmera has been appointed as the new IRP in Byju's insolvency saga. This appointment highlights the ongoing insolvency proceedings. It underscores the importance of…
The Kerala HC rejected a writ petition as premature, regarding the denial of a cross-examination request in Income Tax Act proceedings. This decision highlights the importance of…
ITAT struck down a ₹ lakh penalty under Section 271E, as there was reasonable cause on the assessee's part. This decision highlights the importance of reasonable cause in penalty…
CESTAT ruled that reimbursements received cannot be considered as consideration towards any taxable service. This clarification highlights the distinction between reimbursements…
Zoho is developing an energy-efficient Indic LLM. This initiative highlights Zoho's commitment to innovation in artificial intelligence. It underscores the importance of…
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