Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the rupee is not falling but the dollar is strengthening. She highlighted global economic factors influencing…
05/02/20251 min read
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Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the rupee is not falling but the dollar is strengthening. She highlighted global economic factors influencing…
The ITAT set aside an addition of Rs. 1 crore as unexplained income under Section 69A, ruling that the CIT A order was unjustified. The tribunal stressed the need for proper…
The Karnataka High Court ruled on the allotment of land by Muda to retired armed forces personnel, addressing issues related to the execution of sale deeds. The court emphasized…
The Delhi High Court ruled that an award passed by an improperly constituted arbitrator is non-est in law and invalid. The court emphasized the importance of proper arbitrator…
The CESTAT set aside a service tax demand on export commission and advertisement expenses due to the time-barred nature of the claim. The tribunal emphasized the importance of…
The draft reply format for RCM on freight charges on imports was updated following the Supreme Court’s order in favor of taxpayers. The update aims to provide clarity and…
The Kerala High Court ruled that signatures on photocopies are not reliable, emphasizing the need for original documents in legal proceedings. The decision aimed to prevent fraud…
The Minister of State for Finance addressed the woes of retail traders, citing a net loss of Rs. 1 lakh crore based on SEBI findings. The minister outlined measures to support…
The Supreme Court addressed a plea against fake encounters in Assam, focusing on whether PUCL guidelines were complied with. The court emphasized adherence to procedural…
The Supreme Court ruled that a wife separated from her first husband can claim maintenance from her second husband, even if the first marriage is not legally dissolved. The…
The CBDT Chairman emphasized a "trust-first" approach in tax administration, focusing on building trust between taxpayers and authorities. This approach aims to reduce litigation,…
The government has amended Section 13, easing reporting requirements for trusts regarding donor details. Trusts are no longer required to disclose donor information unless the…
Income tax relaxation has been introduced for trusts with income below Rs. 5 crore, granting them a 10-year registration validity. This measure is designed to reduce the…
The Central Board of Direct Taxes CBDT has eased trust registration rules, stating that incomplete applications will not lead to cancellations from FY 2025. This move aims to…
The Supreme Court directed making Chandigarh UT a party in a plea by an ex-Punjab CM assassination case convict seeking transfer from Tihar Jail. The court highlighted procedural…
The Karnataka High Court heard Vijay Mallya’s petition regarding bank dues. The case involves significant financial implications and legal complexities related to loan recovery…
The Supreme Court ruled that the omission to name some accused in an FIR is a relevant fact under Section 11 of the Evidence Act. The decision clarified evidentiary standards in…
The Supreme Court held that applications seeking exemption from surrender are admissible only when the petitioner is sentenced to a term of imprisonment. The ruling clarified…
The Supreme Court quashed a conviction for rape and kidnapping after noting the convict married the victim and they have four children. The decision highlighted the importance of…
The Supreme Court reprimanded a litigant for alleging that the court recorded a lawyer’s statement that was never made and imposed costs. The court emphasized the importance of…
Finance Minister Nirmala Sitharaman urged southern states to present their tax devolution concerns to the 16th Finance Commission. She emphasized the importance of addressing…
The Calcutta High Court declined a plea seeking an extension of time for trial against ex-RG Kar principal Sandip Ghosh. The court emphasized the need for timely resolution of…
The Gujarat High Court dismissed a contempt plea, calling unwarranted remarks by judges and frivolous interim orders inappropriate. The ruling highlighted the importance of…
The Chhattisgarh High Court ruled that a second wife can prosecute for bigamy under Section 494 IPC. The decision clarified legal rights in cases of bigamy and marital disputes.
The Punjab & Haryana High Court issued guidelines for magistrates on considering cancellation reports and applications to lodge FIRs under the BNSS. The guidelines aim to ensure…
The Kerala High Court stayed the re-admission of accused students in the Mannuthy campus veterinary student death case, related to ragging. The court emphasized the need for a…
The Allahabad High Court ruled that a minor rape survivor should not suffer silently or falsely implicate someone. The court emphasized the importance of fair investigation and…
The Punjab & Haryana High Court highlighted that the BNSS introduced additional safeguards before directing the lodging of an FIR, requiring magistrates to conduct inquiries. The…
The Kerala High Court ruled on motor accident compensation, addressing the issue of sibling loss of estate. The court emphasized the need for fair compensation in cases of…
The Jammu & Kashmir and Ladakh High Court ruled on the seizure of vehicles under the Unlawful Activities Prevention Act, emphasizing the need for lawful and justified seizures.…
The Gujarat High Court ordered the removal of court proceeding videos from YouTube within a specific time frame. The ruling aimed to protect the integrity of judicial proceedings…
The Bombay High Court heard Skoda Auto Volkswagen India’s petition against a tax demand, addressing issues related to tax liability and compliance. The case highlights the…
The Madras High Court noted the Supreme Court Collegium’s decision to make two additional judges permanent. The ruling emphasized the importance of judicial appointments and…
The Punjab & Haryana High Court set aside a summoning order of a coach in a POCSO case, ruling that summoning additional accused for unrelated offenses was unjustified. The court…
The Delhi High Court ruled that Adobe India is not a dependent agent or permanent establishment PE of Adobe Ireland, negating the attribution of further profits. The decision…
The CESTAT ruled that the department cannot consider a refund claim unless it specifies the notification and provision under which it is claimed. The tribunal emphasized the…
The Madras High Court issued guidelines for the transportation of cattle, ensuring their safety and well-being. The ruling aimed to promote animal welfare and regulate…
The Kerala High Court addressed issues related to street vendors and the Kochi Municipal Corporation, emphasizing the need for fair regulations and protection of vendors’ rights.
The Kerala High Court ruled that not every non-disclosure in criminal cases is fatal to appointments. The decision clarified the impact of non-disclosure on employment and legal…
The Kerala High Court addressed financial irregularities in the Guruvayoor Devaswom, based on an audit report. The ruling emphasized the need for transparency and accountability…
The MCA21 portal recorded 80.26 lakh form filings in FY 2024-25, reflecting increased compliance and digital adoption among businesses. The portal, which facilitates corporate…
The CESTAT ruled that the name of the head office on a GAR-7 challan is a valid reason to deny credit. The tribunal emphasized the importance of accurate documentation in claiming…
The ITAT restored a matter citing the rejection of registration due to failure to provide documents. The tribunal emphasized the need for proper documentation and granted the…
The CESTAT ruled that the department cannot invoke the extended period of limitation merely because returns were self-assessed. The tribunal stressed that the extended period can…
The Competition Commission of India CCI imposed a penalty on Goldman Sachs for failing to notify its investment in Biocon Biologics. The CCI highlighted the importance of…
The Supreme Court emphasized the need for meticulous examination in cases where FIRs are filed against unknown persons and accused are not known to witnesses. The ruling…
The Jammu & Kashmir High Court quashed a preventive detention order under the Jammu Public Safety Act, ruling that the detention was unjustified. The court emphasized the…
A Delhi court summoned the ED Director for failing to provide legible copies of documents in an Rs. 88 crore fraud case. The court stressed the necessity of transparency and…
OYO to Invest £50M in UK to Expand Premium Hotels: OYO has announced a £50 million investment to expand its premium hotel portfolio in the UK. The company plans to enhance its…
BSE Sensex Live Updates: Stock Market Insights: The stock market has seen fluctuations with updates on key indices like BSE Sensex and Nifty. Market trends and analysis provide…
Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the rupee is not falling but the dollar is strengthening. She highlighted global economic factors influencing…
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