The Central Board of Direct Taxes CBDT has addressed the implementation difficulties faced under the Income Tax Direct Tax Vivad Se Vishwas Scheme 2024. The scheme aims to reduce…
21/01/20251 min read
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The Central Board of Direct Taxes CBDT has addressed the implementation difficulties faced under the Income Tax Direct Tax Vivad Se Vishwas Scheme 2024. The scheme aims to reduce…
The Income Tax Appellate Tribunal ITAT has condoned a delay in filing an appeal due to pending cases in civil courts and financial struggles faced by the taxpayer. The taxpayer…
Taxpayers and industry experts are anticipating the introduction of a new Income Tax Act in the upcoming 2025 Union Budget. The proposed changes are expected to simplify the tax…
The Supreme Court recently ruled in favor of Bharat Petroleum Corporation Limited BPCL , stating that the price received by the company for its sale of products is not the sole…
A distressed Chartered Accountant CA posted on X formerly Twitter about the lack of staff or officers at the Laxmi Nagar Income Tax office in Delhi. The CA reported sitting at the…
The Income Tax Appellate Tribunal ITAT has imposed a penalty on a company for failing to appear during hearings due to the exit of a key employee in the accounts department. The…
In a recent case, the Income Tax Appellate Tribunal ITAT overruled the Assessing Officer’s AO decision to partially disallow property improvement costs claimed by a taxpayer. The…
The Calcutta High Court ruled that the implementation of government projects is not subject to service tax. This decision came after a case where a construction company was facing…
The Himachal Pradesh High Court ruled that no penalty can be imposed under the Himachal Pradesh VAT Act if there is no contravention of the provisions. The judgment clarifies that…
The Central Board of Direct Taxes CBDT has issued a key clarification regarding the timeline for appeals under the Vivad Se Vishwas Scheme 2024. The scheme, which aims to resolve…
The Income Tax Department recently conducted searches at 44 premises across multiple cities in India, following allegations of tax evasion amounting to over Rs 170 crore. The…
Non-Resident Indians NRIs are hoping for significant tax relief in the upcoming 2025 Union Budget. NRIs have raised several key issues, including the high taxation on their income…
Securities Transaction Tax STT revenue in India has surged by 75% during the current financial year, despite significant stock market volatility. The increase in STT collection…
The Rajasthan High Court addressed the retrospective application of Section 143A of the Negotiable Instruments Act in a case related to dishonored cheques. The Court ruled that…
The Madras High Court ruled that an arbitration award passed after an inordinate and unexplained delay can be set aside under Section 34 of the Arbitration Act. The case involved…
The Karnataka High Court issued a ruling regarding the misappropriation of funds and the forfeiture of employee gratuity. The case involved an employee accused of embezzling…
The Uttarakhand High Court addressed the validity of a clause allowing an interested party to appoint an arbitrator, ruling it as invalid. The case involved a challenge to the…
The Madhya Pradesh High Court ruled on the case concerning a law student from the National Law Institute University NLIU , Bhopal, who was denied attendance due to insufficient…
The Karnataka High Court issued a significant judgment affirming the concept of a gender-neutral society and ensuring equal treatment for both men and women. The case involved a…
The Kerala High Court addressed a case involving the unilateral cancellation of a sale deed. The petitioner argued that the sale deed, which had been executed in their favor, was…
The Allahabad High Court delivered a ruling aimed at curbing the UP Police's unfettered powers related to history sheets and imposed more stringent conditions on their use. The…
The Bombay High Court issued a strong message to the Enforcement Directorate ED , directing them to act strictly in accordance with the law and avoid harassing citizens. The…
The Supreme Court of India upheld the decision to quash a First Information Report FIR filed against BJP MPs in connection with the Deoghar airport case. The FIR was challenged on…
The Supreme Court raised serious doubts regarding the National Green Tribunal’s NGT jurisdiction to direct prosecution under the Prevention of Money Laundering Act PMLA . The…
The Supreme Court of India dismissed the Enforcement Directorate’s plea to cancel the bail granted to former Maharashtra Deputy Chief Minister Chhagan Bhujbal in a money…
The Supreme Court examined the interim bail plea of AIMIM leader Tahir Hussain, who was accused of inciting violence during the Delhi riots of 2020. Hussain had been in custody…
The Supreme Court granted interim protection to Congress MP Imran Pratapgarhi in relation to an FIR filed against him regarding an Instagram post containing controversial content.…
The Supreme Court of India issued a warning to several states, imposing a ₹20,000 cost if they failed to respond to a Public Interest Litigation PIL seeking the establishment of…
The Supreme Court ruled on the case of a mother who had allegedly urged her son’s lover to end her life if she could not live without him. The court examined whether this amounted…
The Supreme Court reserved its judgment in a case regarding the registration of an FIR based on witness statements before the Justice Hema Committee. The issue arose from a…
The Supreme Court held that even if a notice was issued on a limited issue, it retains the authority to address other points of law later. This ruling came in a case where the…
The Supreme Court of India held that even if a notice on a petition is issued on a limited point, the court has the authority to hear and adjudicate on other points during the…
The District Consumer Disputes Redressal Commission held One Plus Technology India Private Limited liable for deficiency in service and engaging in unfair trade practices. The…
The Maharashtra Real Estate Regulatory Authority MahaRERA directed Lucina Land Development to refund homebuyers after failing to complete their project on time. The refund was to…
The Supreme Court of India set aside the excise duty demand on oil marketing companies OMCs for inter-supply of petroleum products between different state units. The issue arose…
The National Company Law Appellate Tribunal NCLAT ruled that issues related to the maintainability of an application under Section 7 of the Insolvency and Bankruptcy Code IBC can…
The Madras High Court restored a lawsuit filed by Testbook against Google concerning its billing policy. Testbook, an edtech platform, alleged that Google's billing practices for…
The Delhi High Court ruled in favor of Rapido, a bike-taxi service, in a trademark dispute with a competitor. Rapido had filed a lawsuit claiming that the rival company’s use of a…
The Allahabad High Court provided relief to a Uttar Pradesh government officer who had been dismissed for allegedly sharing a WhatsApp forward about Chief Minister Yogi…
The Jammu and Kashmir High Court ruled that the State Human Rights Commission SHRC no longer has the authority to remand custody in torture cases. In this case, the court noted…
The Madras High Court ordered an audit of the Tamil Nadu Victim Compensation Fund to ensure transparency and proper utilization of funds. The court expressed concerns about the…
Hatsun Agro, a leading dairy products company, acquired Eight Road Ventures-backed Milk Mantra for Rs 233 crore. The acquisition aims to strengthen Hatsun’s presence in the dairy…
The Kerala High Court ruled on the admissibility of an autopsy report conducted at night at the Government Medical College Hospital in Manjeri. The case involved the legal…
A fake income tax officer and auditor were arrested for scamming a jeweler in Tamil Nadu. The duo posed as tax officials and misled the jeweler into paying fake tax demands. They…
The Union Budget 2025 is expected to bring new income tax laws aimed at simplifying and streamlining the current tax structure. Tax experts anticipate changes to the income tax…
The Directorate General of GST Intelligence DGGI has uncovered a significant fraud involving GST Input Tax Credit ITC amounting to ₹11 crore. The investigation revealed that a…
The electric vehicle EV industry has called for a reduction in GST rates on batteries and the declaration of charging stations as infrastructure under the upcoming Budget 2025. EV…
The Indian government is contemplating personal tax relief in the 2025 budget to stimulate consumption and boost economic recovery. Analysts predict that tax cuts may focus on…
The Income Tax Department has uncovered wrongful claims worth ₹1,070 crore made by 90,000 salaried individuals. These individuals had falsely claimed deductions, leading to…
The government plans to phase out the old income tax regime with the introduction of a simplified, modern tax structure under the Budget 2025 proposals. This move is part of the…
The Central Board of Direct Taxes CBDT has addressed the implementation difficulties faced under the Income Tax Direct Tax Vivad Se Vishwas Scheme 2024. The scheme aims to reduce…
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