News & Judgements

The Supreme Court acknowledged that a PIL for debarring convicted persons from contesting elections raises a "very major issue" regarding the criminalization of politics. This…

The Supreme Court refused to entertain a PIL regarding cycle tracks, stating that they are not a priority when the state is struggling to provide basic needs like housing and…

The Supreme Court quashed a cheating case filed against the parents of a man for breaking a marriage promise. The court emphasized the need to avoid misuse of criminal law in…

The Supreme Court questioned the Gujarat FIR against a Congress MP over a poem. This highlights the importance of protecting freedom of speech and expression. The court's…

The Supreme Court delivered a judgment on the liability of a company director in a cheque dishonor case under Section 141 of the NI Act. This judgment clarifies the circumstances…

The Supreme Court held that an oral undertaking falls within the scope of an arbitration clause. It upheld an award against a husband for an operation in his wife's demat account.…

The Chhattisgarh High Court held that execution proceedings cannot be quashed solely due to the non-supply of a signed arbitral award. This ruling clarifies the requirements for…

The Delhi High Court held that Section 107 of the CGST Act prescribes an independent regime of limitation for filing appeals, excluding the application of Section 5 of the…

The Delhi High Court held that there is no unfettered right to cross-examine a person making statements under Section 138B of the Customs Act. The court's decision clarifies the…

The Delhi High Court ruled that the imposition of conditions by customs for the provisional release of seized goods is discretionary. The court also tuned down the 130% bank…

The NCLAT ordered the NCLT to decide on BCCI's plea for settlement and withdrawal of CIRP against Byju's within one week. This directive emphasizes the need for timely resolution…

Vedanta received a GST demand over ineligible Input Tax Credit ITC claims. The demand notice alleges that Vedanta availed ITC on ineligible inputs. This case highlights the…

The Andhra Pradesh High Court held that the short tax timeline for issuing a show-cause notice SCN under Section 73 2 is mandatory, not discretionary. This ruling emphasizes the…

RBI Governor Sanjay Malhotra stated that the RBI will allow ample time for implementing changes regarding ECL and LCR. This provides financial institutions with sufficient time to…

The Supreme Court stayed the trial against an MP Congress MLA after no response from the state on an inquiry into a complaint of defense witness intimidation. This decision…

The ITAT remanded a matter for fresh adjudication after an income tax order was issued in the name of a deceased taxpayer. The tribunal emphasized the importance of proper legal…

Jayalalitha's niece has approached the Supreme Court seeking the return of her properties. The properties were confiscated in the disproportionate assets case. The case raises…

The Orissa High Court allowed the release of the Odia film "Sanatani," clarifying that it does not target the Christian religion. The court's decision upheld the principles of…

The Bombay High Court granted relief to Anil Ambani by staying Canara Bank's order classifying Reliance Comm's loan account as fraud. The court's intervention provided temporary…

The ITAT found unsecured loans from a related party genuine, as the actual transaction occurred during a takeover. The ruling underscores the importance of factual evidence in tax…

The ITAT deleted CIT A 's penalty for non-audit of accounts, citing a pending quantum assessment appeal. The decision reflects the tribunal's approach to procedural fairness,…

The ITAT granted a deduction under Section 80P for interest earned from co-operative banks, emphasizing eligibility criteria. The ruling provides clarity on tax benefits for…

The ITAT upheld CIT A 's decision to disallow foreign exchange loss on import-export transactions without hedging. The ruling emphasizes the need for proper risk management…

The AO accepted the taxpayer's ITR without reflecting prior adjustments, leading the ITAT to delete deferred tax adjustments. The ruling highlights the importance of accurate…

The CESTAT set aside an order on royalty inclusion in transaction valuation, citing lack of jurisdiction. The decision underscores the importance of jurisdictional limits in tax…

The AO disallowed depreciation over alleged double deduction, prompting the ITAT to direct the taxpayer to produce documents. The ruling highlights the need for proper…

The ITAT ruled that Section 56 2 viic ii does not apply to a public limited company for share allotment in an amalgamation. The decision clarifies the scope of the provision,…

Godfrey Phillips India faces a GST demand from CGST authorities, highlighting ongoing tax disputes in the tobacco sector. The case underscores the complexities of GST compliance…

Telangana received SASCI incentives in Budget 2025, including MV tax concessions and a vehicle scrapping policy. The measures aim to boost the state's automotive sector and…

The ITAT dismissed the revenue's appeal due to low tax effect under the CBDT circular. The decision reflects the tribunal's adherence to procedural guidelines, avoiding…

ITC acquired Prasuma and Meatigo to expand its frozen food business. This acquisition demonstrates ITC's strategy to strengthen its presence in the growing frozen food market. The…

Paytm granted equity shares under its ESOP plan. This move aims to incentivize employees and attract talent by offering them ownership in the company. ESOPs are a common practice…

The RBI cut its policy rate by 25 basis points to 6.25%. This reduction in the repo rate is the first such cut and aims to stimulate economic growth by lowering borrowing costs…

The Supreme Court upheld a Karnataka law that delegates the power of issuing transport permits to the STA Secretary. This ruling clarifies the delegation of powers in…

The Supreme Court rejected a challenge to the Delhi High Court's senior designations. The court clarified that nobody gets preferential treatment because of their senior gown.…

The Supreme Court has ruled that an arrest is illegal if the reasons are not informed when Article 22 1 is violated. The court emphasized that bail must be granted despite…

The Supreme Court refused to stop the police investigation regarding statements made before the Justice Hema Committee. The investigation concerns the exploitation of women in the…

The Supreme Court delivered a judgment regarding condonation of delay and advocate fault. The court ruled that a litigant should not be held responsible for the fault of their…

The Supreme Court delivered a judgment regarding further investigation and the filing of a chargesheet. The details of the judgment are not specified in the provided text. Further…

The NCLAT has ruled that claims based on uninvoked guarantees cannot be admitted by the resolution professional. This decision clarifies the treatment of guarantees in insolvency…

The Delhi High Court has ruled that a corporate debtor is immune from prosecution under the PMLA after the approval of a resolution plan. This ruling provides clarity on the…

The NCDRC directed a builder to pay delayed compensation to a homebuyer. The compensation is for the period until the occupation certificate was received. This decision protects…

The Madras High Court has ruled that there is no bar on a court to entertain more than one application under Section 29A of the Arbitration Act. This ruling clarifies the…

The ITAT upheld the CIT A 's decision to disallow expenses due to insufficient documentation. The assessee failed to provide adequate evidence to support the claimed expenses. The…

The CESTAT upheld the rejection of a nil CVD benefit claim. The claimant failed to meet the updated conditions required to avail the benefit. The case highlights the importance of…

Kerala's Finance Minister has proposed reducing the quarterly road tax for push-back seat vehicles in the state's 2025 budget. This initiative aims to provide relief to owners of…

The ITAT upheld the CIT A 's decision to delete additions related to alleged bogus purchases. The assessee submitted valid proof to substantiate the purchases, leading to the…

India is anticipated to further reduce import tariffs as its manufacturing sector expands. This move aims to boost domestic production and enhance competitiveness in the global…

Interglobe Aviation, the parent company of IndiGo airlines, has been penalized with a GST fine of ₹1.2 crore. This penalty was imposed due to discrepancies found in the company's…

The ITAT ruled that the genuineness of a transaction for an increase in share capital is inconsequential for business purposes. The decision highlights the tribunal's focus on the…