The Madras High Court set aside an assessment and penalty order due to the failure of the taxpayer to respond to an income tax notice. The case involved a taxpayer who could not…
26/12/20241 min read
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The Madras High Court set aside an assessment and penalty order due to the failure of the taxpayer to respond to an income tax notice. The case involved a taxpayer who could not…
In its recent meeting, the GST Council proposed reducing pre-deposit penalties for appeals under the CGST Act. The proposal aims to ease the financial burden on taxpayers…
The ITAT allowed the addition of ₹1 lakh for unexplained cash deposits, confirming ₹2 lakh as unexplained. The case involved cash deposits made during the demonetization period,…
The CESTAT has classified Siapton Isabion, a compound containing primary nutrients, as a fertilizer under the Customs Tariff. This decision was based on its composition, which…
The CESTAT has allowed BSNL to claim CENVAT credit for service tax paid by private operators on interconnectivity usage charges. The case concerned BSNL’s request to avail CENVAT…
The NFRA has imposed a ₹2 crore penalty on Deloitte for audit lapses related to Zee Entertainment's financial statements. The penalty stems from significant failings in the…
The Madras High Court ruled that the GST proper officer must consider replies submitted by the assessee, even after multiple hearings. The case concerned a dispute over whether…
The CESTAT dismissed an appeal regarding the reversal of credit lying in stock for returned goods under SSI notification with Rule 11 of the CENVAT Credit Rules. The case involved…
The ITAT has quashed a reopening of assessment under Section 148 for verification purposes, stating it was legally invalid. The case involved the reopening of a tax assessment…
The ITAT has directed the Transfer Pricing Officer TPO to apply the LIBOR rate for interest on foreign currency receivables in transfer pricing assessments. The case concerned the…
The CESTAT has ruled that customs duty must be calculated based on actual crude oil received into the shore tank at a port in India. The case concerned Philips Carbon Black, where…
The CESTAT ruled that long adjournments during the pandemic affected the timely justice delivery in the case of Ambuja Cements regarding denied CENVAT credit. The tribunal…
The Ministry of Finance has launched an e-payment platform through ICEGATE for voluntary self-initiated payments. This new system allows businesses and individuals to make…
In a case involving job workers, the CESTAT has ruled that employees working for principal manufacturers are not liable for excise duty. The case focused on the issue of excise…
The Enforcement Directorate ED has filed a Money Laundering case under PMLA against an ex-transport official in Madhya Pradesh. The case involves allegations of money laundering…
Equality in Punishments for Different Forces Under Same Framework: The Delhi High Court ruled that punishments for similar offenses should be consistent across different forces…
The ITAT has ruled on the genuineness of share capital in a case where the addition was challenged. The tribunal emphasized that the taxpayer’s explanation regarding the source of…
The proposed GST hike on used vehicles is raising concerns about increased informal transactions. Used car dealers, industry players, and consumers fear that the increase in tax…
A new GST registration mechanism aims to simplify the process for small businesses and new applicants. This initiative will reduce the compliance burden for smaller players by…
The Ministry of Finance has highlighted several key milestones in its Year-End 2024 review, with a focus on revenue generation and economic stability. The department has made…
The GST Council has reversed a Supreme Court ruling related to Safari Retreats, disrupting real estate ITC claims. The Court had previously allowed the claim of Input Tax Credit…
SaaS and ride-hailing platforms are seeking clarity on GST treatment, as the delay in a decision by the GST Council continues. The ambiguity regarding taxability of services like…
GST collections in 2024 have reached record-breaking figures, driven by robust revenue generation despite ongoing enforcement measures. The government’s proactive steps, including…
State Failed to Discharge Obligation in Pension Case: The Calcutta High Court ruled that the state failed to discharge its obligation in ensuring the disbursement of pension to an…
The NCLAT allowed the withdrawal of an application under Section 12A of the Insolvency and Bankruptcy Code before it was heard. The case involved a resolution professional seeking…
Tata Sons is planning to inject funds into its digital arm by mid-2025. This move is part of the conglomerate’s broader strategy to expand its digital footprint, which includes…
The Madras High Court ruled that assets and liabilities of public servants are not exempt from the Right to Information RTI Act. The court’s decision underscores the transparency…
The Delhi High Court has directed Ambience Group to deposit Rs 638 crores in connection with its dispute with Indiabulls. The court’s decision comes as a part of an ongoing…
The Delhi High Court has ordered the Delhi government to implement the Pradhan Mantri Awas Yojana PMAY scheme. The court found the non-implementation of the PMAY scheme in Delhi…
The Madras High Court granted interim bail to an activist who made vituperative comments against women on social media. The activist had been arrested for his derogatory remarks,…
The Delhi High Court ruled that BSF personnel are entitled to benefits under the Modified Assured Career Progression MACP Scheme based on notional service until the age of 60. The…
Indiqube, a co-working space provider backed by Westbridge Capital, has filed a Draft Red Herring Prospectus DRHP for an IPO worth Rs 850 crores. The company aims to raise capital…
The Karnataka High Court recently ruled on the maintainability of an election petition concerning the caste certificate of an MLA. The petitioner challenged the election of the…
Kerala HC on Police Order for Burning Stop Memo: The Kerala High Court upheld the issuance of a burning stop memo by the police, rejecting claims that it was an unlawful order.…
Madras HC on RTI Act and Public Servant’s Assets Disclosure: The Madras High Court ruled that the assets and liabilities of public servants must be disclosed under the RTI Act, as…
Gujarat HC on Habeas Corpus for Father-Daughter Detention Case: The Gujarat High Court ruled on a habeas corpus petition filed by a father seeking the release of his daughter, who…
Employee Entitled to Annual Increment During Suspension: The Rajasthan High Court ruled that an employee is entitled to annual grade increments and arrears of salary during the…
The NCDRC dismissed a medical negligence claim against KIMS Al Shifa Hospital, stating no evidence of negligence. The case involved a patient who alleged negligence during medical…
Calcutta HC Grants Relief to NUJS VC in Sexual Harassment Case: The Calcutta High Court upheld the dismissal of allegations against the Vice-Chancellor of NUJS National University…
Arbitration Reference Application Must Be Filed Within 120 Days: The Karnataka High Court ruled that a reference application under Section 8 of the Arbitration and Conciliation…
Consultation Necessary Before Section 21 Notice in Arbitration: The Delhi High Court emphasized that friendly consultations are required before issuing a Section 21 notice in…
Car Sales Discounts Constitute Sale of Goods, Not Service: The CESTAT ruled that discounts or incentives received by car manufacturers, which are passed on to customers during car…
No Claim After Possession and Conveyance Deed Execution: The NCLAT ruled that no claim can survive once the possession of a property has been handed over to the buyer and the…
The Thrissur District Commission held State Bank of India liable for the delay in delivering a debit card. The case involved a customer who had applied for a debit card but did…
The NCDRC held doctors at Fortis Hospital liable for medical negligence after a patient died during treatment. The case involved a patient who passed away due to alleged…
The NCDRC dismissed an appeal against Cryoviva Biotech, ruling that the duty to collect specimens was not supported by contract terms. The case involved a consumer complaint…
The Delhi State Commission held National Insurance Company liable for rejecting a claim due to bariatric surgery. The case involved a policyholder whose claim for medical expenses…
The National Consumer Disputes Redressal Commission NCDRC held TDI Infrastructure liable for failure to deliver possession within the stipulated period, citing deficiency in…
The CESTAT ruled that an employee cannot be penalized for the company's inadvertent mistake in claiming Cenvat credit. In this case, the company had made an error in its Cenvat…
The Supreme Court clarified that hiring vehicles and cranes for work where the contractor retains control is not subject to VAT or sales tax, as it is a service, not a sale of…
The Madras High Court set aside an assessment and penalty order due to the failure of the taxpayer to respond to an income tax notice. The case involved a taxpayer who could not…
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