The Karnataka High Court granted bail to BJP leader C.T. Ravi, who had been accused of making derogatory remarks about Congress leader Laxmi Hebbalkar. Ravi’s remarks were alleged…
20/12/20241 min read
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The Karnataka High Court granted bail to BJP leader C.T. Ravi, who had been accused of making derogatory remarks about Congress leader Laxmi Hebbalkar. Ravi’s remarks were alleged…
The Bombay High Court rejected allegations that the tender process for the redevelopment of Dharavi was tailored for Adani Group. The case was brought forward by a competing…
The Bombay High Court rejected the plea of a UAE-based firm that sought to challenge the Dharavi redevelopment project’s fresh tendering process. The firm had argued that the…
The Supreme Court dismissed a petition filed by JCB challenging the Competition Commission of India CCI investigation. JCB had contested the CCI’s inquiry into alleged…
Netflix has secured the broadcasting rights for WWE content in India, marking a significant shift in the Indian entertainment landscape. The deal will see Netflix become the new…
A researcher has exposed a security flaw in McDonald’s India delivery system, which led to the exposure of customer data. The flaw was linked to the improper handling of customer…
The Indian government is planning to set up data and AI labs in Tier II and III cities, according to the Minister of State for Information Technology. These labs are aimed at…
Zoomcar is set to pilot a chauffeur-driven car rental service in Bengaluru, expanding its offerings beyond self-drive cars. The new service will cater to customers seeking a more…
Rapido, a bike-sharing platform, has faced a security breach that led to the leak of personal information of both users and drivers. The security flaw exposed sensitive data,…
Namma Yatri, a Bengaluru-based taxi service, is planning to expand its services to five or six new cities. The expansion aims to cater to the growing demand for affordable and…
EbixCash has been fined INR 6 lakh by SEBI for violating its regulations. The financial services company was found guilty of non-compliance with the guidelines set by SEBI…
IntrCity, a prominent intercity mobility platform, has reported a revenue exceeding Rs 320 crore for FY24, with expectations to reach break-even soon. The company is actively…
Ampere, an electric vehicle EV manufacturer, has seen a decline in its scale by 46% in FY24, as its losses have surged 11 times. Despite having gained traction in the Indian EV…
In today’s startup news roundup, various sectors are seeing new developments. One key highlight is the increasing interest in startups focused on sustainability and tech…
Cipla, a leading pharmaceutical company, faces a penalty exceeding Rs 1 crore from the GST authorities for non-compliance with tax regulations. The penalty stems from…
Multiples, a private equity firm, has acquired a minority stake in InstantXP, a logistics technology company. InstantXP specializes in using advanced technology to optimize supply…
The ITAT has ruled that tax assessed under Section 245D 4 of the Income Tax Act cannot be reassessed under Section 69C due to double taxation concerns. The case involved an issue…
The Delhi High Court has set aside the Transfer Pricing Officer’s TPO order concerning Fabindia's depreciation claim related to its trademark. The court directed the Assessing…
The Karnataka State Chartered Accountants Association has submitted a representation to the Union Finance Minister regarding the disallowance of Input Tax Credit ITC under…
The National Company Law Appellate Tribunal NCLAT has ruled that the National Company Law Tribunal NCLT is empowered to allow amendments to pleadings before final orders are…
The ITAT has remanded a case back to the Assessing Officer AO to re-verify the books of accounts and other documents related to a challenge on the reduction of net profit. The…
The Income Tax Appellate Tribunal ITAT has condoned a 244-day delay in filing an appeal and restored an ex-parte order to the Assessing Officer AO for fresh adjudication. The…
The Supreme Court of India has ruled that small bottles of coconut oil, classified as edible, will attract a Goods and Services Tax GST rate of 5%. The decision came after a legal…
The Kerala High Court granted bail to Omar Lulu, who was accused of rape. Lulu, a prominent figure in the Malayalam film industry, was facing charges related to the rape of a…
The Allahabad High Court addressed the issue of Mohammed Zubair’s social media posts, which allegedly threatened India’s sovereignty and promoted separatist activities. The case…
The Kerala High Court dealt with a defamation case involving T.G. Nanadakumar and K. Surendran, where an exemption from personal appearance was granted to the latter. The case…
The Rajasthan High Court issued a show-cause notice against political vendetta in the context of legal proceedings. The case involved allegations that legal actions were being…
The Central Board of Indirect Taxes and Customs CBIC has uncovered GST evasion worth Rs 26,543 crore in a nationwide crackdown against fake Input Tax Credit ITC claims. The…
India’s gaming industry is facing a February 2025 deadline for settling Goods and Services Tax GST demands on betting activities. The industry, which includes online gaming…
The Uttarakhand State Commission has held National Insurance liable for deficiency in service and ordered compensation for the denial of a legitimate claim amount. The claim,…
The Central Board of Direct Taxes CBDT has exempted the Credit Guarantee Fund Trust for Micro and Small Enterprises CGTMSE from the requirement to deduct tax at source TDS on…
The Comptroller and Auditor General CAG of India has identified a revenue loss of Rs 18,509.8 crore due to tax errors and evasion. The CAG report highlighted the failure of tax…
The ITAT has restored a matter to the Assessing Officer AO for a fresh assessment after upholding the addition of unexplained investments in an ex-parte assessment order under…
The Kerala High Court has stayed the recovery proceedings in a case where a second appeal challenging an order under Section 74 of the CGST Act was not constituted before the…
The ITAT has granted relief to a taxpayer by allowing the benefit of Section 11 of the Income Tax Act, despite the late submission of Form 10B. The case involved a procedural…
The Supreme Court is considering a plea alleging data privacy violations by foreign credit information companies CICs in India. The plea challenges the outsourcing of credit…
The Rajasthan High Court issued an interim order to increase the number of seats in educational institutions. The case involved a petition seeking an increase in the intake…
The Kerala High Court ruled on the involvement of Abhimanyu, a student at SFI Maharajas College, in a case linked to political rivalry. The incident arose from a conflict…
The Kerala High Court has remanded a case back to the authorities for reconsideration after a failure to account for the tax effect of discounts granted under the CGST Act. The…
The Rajasthan High Court ruled that workmen claiming to have worked for 240 days must prove the duration of their employment in order to challenge termination. In this case, a…
The Allahabad High Court stayed the arrest of Mohammed Zubair, a journalist, in relation to his social media posts. Zubair, who had been accused of promoting separatist activities…
The GST Council has approved a rate reduction for life insurance premiums in India, which is expected to make insurance products more affordable for consumers. The Goods and…
The Delhi High Court ruled on the refund of service tax paid on ocean freight, following a Gujarat High Court judgment declaring the levy unconstitutional. The case involved a…
The Rajasthan High Court ruled on the adjustment of loans against properties in a case involving an auction. The case involved a dispute over whether a loan could be adjusted…
The Chhattisgarh High Court ruled that a dead body subjected to horrendous acts did not constitute an offense under necrophilia laws. The case involved a gruesome incident where a…
The Bombay High Court upheld the election of Ravindra Waikar, a member of the Shinde faction, to the Lok Sabha from Mumbai. The case involved a dispute over the legitimacy of…
The Delhi High Court addressed the issue of whether a foreign company providing software agents in India would be considered to have a permanent establishment PE in India under…
The Delhi High Court has ruled on the taxation of market research, promotional activities, and training under the Double Taxation Avoidance Agreement DTAA . The case examined…
The Delhi High Court ruled on the protection of personality rights in the context of deepfake videos. The case involved Rajat Sharma, a prominent television personality, who…
The Uttarakhand State Commission overturned a lower commission's order in a consumer case involving LG Electronics. The complainant alleged deficiency in service but failed to…
The Karnataka High Court granted bail to BJP leader C.T. Ravi, who had been accused of making derogatory remarks about Congress leader Laxmi Hebbalkar. Ravi’s remarks were alleged…
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