InMobi's Glance is set to raise ₹200 crore in debt. This move highlights Glance's efforts to secure financial backing. It underscores the importance of raising capital for…
28/02/20251 min read
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InMobi's Glance is set to raise ₹200 crore in debt. This move highlights Glance's efforts to secure financial backing. It underscores the importance of raising capital for…
The Delhi High Court asked the Centre to frame guidelines on freezing bank accounts in cyber fraud cases. This decision highlights the need for clear procedures in cyber fraud…
The Bombay High Court asked Anil Ambani to approach the RBI in a loan account fraud classification case. This decision highlights the court's role in directing parties to relevant…
The NCLAT ruled that an insolvency plea against Coffee Day was barred by limitation. This decision highlights the importance of adhering to statutory timelines in insolvency…
The Supreme Court upheld the quashing of a show cause notice against the Isha Foundation. This decision highlights the importance of valid administrative actions. It ensures that…
A Kerala court granted bail to BJP's PC George in a hate speech case. This decision highlights the court's role in balancing freedom of speech with public order. It ensures that…
The Bombay High Court imposed ₹1 lakh in costs on a man for audio recording court proceedings on his mobile phone. This decision highlights the importance of maintaining decorum…
The Kerala High Court addressed the issue of prisoner phone calls through BSNL. This decision highlights the court's role in addressing prisoners' rights. It ensures that…
TBO Tek shares have slipped 6% during morning trade. This market movement highlights the volatility in the stock market. It underscores the impact of market trends on company…
The Supreme Court dismissed a plea challenging multiple parole and furlough granted by the Haryana government to Dera Sacha Sauda chief Gurmeet Ram Rahim. This decision highlights…
The Supreme Court issued a judgment on disputed questions of fact and the High Court's jurisdiction under Article 226 of the Constitution. This decision clarifies the limits of…
The Supreme Court granted bail in a UAPA case, noting that it was applied to defeat a Supreme Court order of interim protection, and condemned the Chhattisgarh Police. This…
The Delhi High Court has ruled that an arbitral award not signed by all members of the tribunal can be set aside if the reasons for the omission of the missing signature are not…
The NCLAT has ruled that when a debt is not unequivocally admitted by the corporate debtor, an application under Section 9 of the IBC must not be entertained. This decision…
The Delhi High Court has ruled that while inadvertent mistakes in reassessment can be saved under Section 292B of the Income Tax Act, an assessment order overlooking an error…
The Delhi High Court has ruled that an enterprise manufacturing specified items in designated states can seek tax deduction under Section 80IC of the Income Tax Act without an…
The CESTAT remanded a matter regarding a challenge on service tax liability on income generated out of renting out immovable properties of a municipality. This decision highlights…
The ITAT upheld an order of the CITA, ruling that a barcode-backed tax invoice was wrongly treated as bogus. This decision highlights the importance of considering all evidence in…
The NFRA will select audit firms handling audits of multiple listed companies for the next phase of inspection. This action highlights the NFRA's efforts to enhance audit quality.…
The Supreme Court has ruled that a GST commissioner may authorize arrest without an assessment order in serious offences if reasons are established to a degree of certainty. This…
Income tax officials are demanding detailed household expense reports, sparking scrutiny over spending. This action highlights the department's efforts to ensure accurate tax…
The ITAT condoned a 162-day delay for a 72-year-old farmer misguided by a tax consultant and ordered a fresh assessment. This decision highlights the importance of considering…
Vicky Kaushal's "Chhaava" has been declared tax-free in states, with other BJP-ruled states likely to follow suit. This decision highlights the use of tax exemptions for cultural…
Zydus Wellness has received a ₹56.33 crore GST demand over the Heinz IP rights deal. This demand highlights the importance of accurate GST compliance in intellectual property…
The ITAT directed the deletion of an income tax addition, ruling that the quantity of jewelry was under the limit prescribed by a circular. This decision clarifies the tax…
The NCLAT ruled that electricity is an essential supply and cannot be disconnected during the CIRP period under the IBC. This decision highlights the importance of maintaining…
The ITAT directed the CITA to re-adjudicate an appeal citing failure to address key grounds relating to Section 115JB and MAT credit. This decision highlights the importance of…
The ITAT ruled that a notice under Section 148 is invalid due to an expired limitation period. This decision highlights the importance of adhering to statutory timelines. It…
The CESTAT ruled that export duty is not payable on Indian refractory mortar. This decision clarifies the tax treatment of refractory materials. It ensures that businesses are not…
Sony India faced a setback as the ITAT dismissed its low tax effect plea in a non-TDS/TCS deduction in a double taxation matter. This decision highlights the importance of…
The Income Tax Department issued notices over Section 87A rebate claims on capital gains. This action highlights the department's efforts to ensure accurate tax filings. It…
The CBDT clarified its risk management strategy for search and survey cases under the amended IT Act. This clarification highlights the CBDT's efforts to enhance transparency in…
A Bengaluru ITAT tax ruling was overturned due to AI-generated fake citations. This incident highlights the risks of using AI in legal proceedings. It underscores the importance…
A state tax department recovered ₹11.18 lakh in penalties in a major GST violation case. This action highlights the state's efforts to enforce GST compliance. It underscores the…
The Kerala High Court ruled that rape on a false promise of marriage is not an offense if the man is already married. This decision clarifies the legal implications of false…
PB Fintech shares have dropped 4% during intraday trading. This market movement highlights the volatility in the stock market. It underscores the impact of market trends on…
The Madras High Court set aside the conviction of a husband for setting his wife ablaze. This decision highlights the importance of thorough evidence in criminal convictions. It…
A report tracks the growth of H&M, Zara, and Uniqlo in India during FY24. This analysis highlights the competitive dynamics in the Indian retail market. It underscores the…
Delhivery shares have slid 4% to touch a fresh all-time low. This market movement highlights the volatility in the stock market. It underscores the impact of market trends on…
Tracxn shares have slumped 6% to hit a new all-time low. This market movement highlights the volatility in the stock market. It underscores the impact of market trends on company…
The ITAT remanded a matter to the CITA for de novo disposal regarding the addition of unexplained foreign remittances. This decision highlights the importance of thorough…
Piramal Enterprises has been hit with a nearly $172 million tax bill for a pharma deal. This tax bill highlights the importance of accurate tax compliance in corporate…
Indian Overseas Bank has received a GST notice of ₹699.5 crore, and its stock is down 5% in four sessions. This notice highlights the importance of accurate GST compliance in the…
The latest stock market news for February 28, 2025, includes live updates on various market activities. This coverage highlights the dynamic nature of the stock market. It…
India's forex reserves jumped by $4.758 billion to hit a two-month high of $640.479 billion, according to the RBI. This increase highlights the stability of India's economy. It…
Adani Green Energy has crossed 12 GW of renewable energy capacity. This milestone highlights Adani Green Energy's growth in the renewable sector. It underscores the importance of…
SEBI has launched a centralised database portal for corporate bonds. This initiative aims to enhance transparency in the corporate bond market. It underscores the importance of…
India needs to grow at an average of 7-8% to become a high-income country. This economic analysis highlights the growth targets for India. It underscores the importance of…
Ethereal Machines has signed an MoU with the Karnataka government. This partnership aims to foster innovation in manufacturing. It underscores the importance of government support…
Sensex and Nifty slumped, with investors losing ₹7.46 lakh crore in morning trade. This market movement highlights the volatility in the stock market. It underscores the impact of…
InMobi's Glance is set to raise ₹200 crore in debt. This move highlights Glance's efforts to secure financial backing. It underscores the importance of raising capital for…
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