A Gujarat man was arrested for offering a ₹35,000 bribe to a judge to expedite a fast-track case. Authorities emphasized accountability and transparency in judicial processes to…
02/12/20241 min read
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A Gujarat man was arrested for offering a ₹35,000 bribe to a judge to expedite a fast-track case. Authorities emphasized accountability and transparency in judicial processes to…
The ITAT canceled an addition of ₹3.19 lakh as undisclosed receipts, citing timing differences in accounting. The case involved discrepancies in accounting entries, where revenue…
The Central Board of Direct Taxes CBDT introduced amendments to the Income-tax Rules, adding new safe harbor provisions for raw diamond businesses. The changes specify acceptable…
Tax professionals are advised to follow a comprehensive checklist while preparing the GST Annual Return GSTR-9 . The checklist includes reconciling turnover, ensuring accurate ITC…
The CESTAT ruled that the sale of a building before its construction is completed constitutes a "works contract" under GST regulations. The case arose in the context of Adani…
The Kerala High Court granted bail to P.R. Aravindakshan in the Karavannur Co-Operative Bank scam. While considering the severity of the alleged offenses, the court noted that…
The CBI arrested two income-tax officials in Silchar, Assam, for accepting bribes. The officials were caught red-handed while demanding and receiving unlawful payments from…
A 90-year-old individual in Surat fell victim to a ₹1 crore fraud perpetrated by imposters posing as officials from the CBI and ED. The fraudsters created a sense of urgency,…
The ITAT directed a re-examination of a trust's application for registration under Section 12AA of the Income-tax Act after it was incorrectly denied. The denial stemmed from a…
Professionals and business owners have expressed frustration with delays and errors on the Ministry of Corporate Affairs MCA portal affecting LLP and company compliances. Users…
The Authority for Advance Rulings AAR clarified that a 1.5% GST rate is applicable for the construction of affordable residential apartments under the Real Estate Projects REP…
The Delhi High Court ruled that an audit report is not an “order of determination” under Section 106 1 of the Finance Act, 2013. The case centered on whether an audit report could…
The CESTAT overturned a Commissioner’s decision to recover an excise refund without first challenging the refund order itself. The tribunal ruled that recovery actions must follow…
The ITAT canceled a 30% ad hoc disallowance of expenses, citing lack of justification provided by the assessing officer. The disallowance was imposed on expenses claimed by the…
The ITAT condoned a delay of 2,564 days in filing an appeal against an assessment order, emphasizing that no undue benefit arises from not preferring an appeal. The taxpayer…
The ITAT rejected late Income Tax Return ITR filings by jewelry owners during the demonetization period, upholding additions made for unexplained cash deposits. The tribunal found…
The Delhi High Court ruled that Section 160 of the CGST Act, not Section 87, empowers authorities to issue notices to non-existent entities post-amalgamation. The case involved a…
The Allahabad High Court barred state GST authorities from taking action for assessment years where central GST authorities had already initiated proceedings. The case involved…
The Allahabad High Court ruled that appeals under Section 260A of the Income-tax Act are not maintainable without evidence of perversity in the fact-finding of the Tribunal. The…
The Allahabad High Court directed taxpayers to avail alternate remedies under Section 107 of the GST Act before approaching the court, ruling that appeals cannot be dismissed as…
The Delhi High Court ruled that a proper officer must provide valid reasons for doubting the declared value of goods by an importer before initiating reassessment under Section 17…
The Delhi State Commission ruled that agents do not qualify as "consumers" under the Consumer Protection Act. The case involved an agent who sought compensation for alleged…
The Delhi High Court recognized Dr. Devi Shetty’s personality rights and restrained unauthorized use of Narayana Health’s trademark. It emphasized preserving individuals’ goodwill…
The Delhi State Commission justified the denial of an insurance claim in a case where the insured person breached the terms of the insurance contract. The dispute involved a claim…
The Delhi State Commission held Airbnb India liable for the cancellation of a confirmed booking, emphasizing the platform's responsibility to ensure reliable services. The case…
The Karnataka High Court upheld the National Green Tribunal NGT 's directive for the Karnataka government to pay ₹10 crore in environmental compensation for the pollution of…
The Uttarakhand State Consumer Commission allowed an appeal by Universal Sompo General Insurance, ruling that rejection of a claim due to a policy's waiting period does not…
The Uttarakhand State Consumer Commission ruled that a dealer facilitating insurance for a product is responsible for its repair or replacement in case of defects. The case…
The Uttarakhand State Consumer Commission remanded a case involving Domino’s Pizza back to the district forum, emphasizing the need for proper review of electronic evidence. The…
Actor Jackie Shroff filed a contempt plea in the NCLT against former Sony Entertainment stakeholders for alleged non-compliance with a court order. The plea seeks enforcement of…
The ITAT directed the Assessing Officer AO to reconsider the tax treatment of interest compensation awarded for land acquisition in Noida. The case involved disputed tax liability…
The ITAT remanded a case involving the rejection of a capital gains exemption claim due to notices issued during the COVID-19 pandemic being unserved. The tribunal noted that…
Indian startups raised $972 million in November, driven by significant funding rounds for Zepto and HealthKart. Grocery delivery platform Zepto secured $200 million in a Series E…
Nazara Technologies, a leading gaming and sports media company, has invested INR 196 crore across five firms, including Funky Monkeys Play Centers and other gaming startups. The…
Zaggle Prepaid Ocean Services witnessed its shares reach a record high of INR 522, following strong market performance and investor confidence. The company, which specializes in…
Swiggy’s shares surged by 5% following the announcement of its expanded 10-minute food delivery service. The initiative, aimed at optimizing customer experience, will deploy…
India achieved a record GST collection of ₹1.82 lakh crore in November, marking an 8.5% growth compared to the same month last year. This increase highlights sustained economic…
Dutch investment firm Prosus has made substantial investments in India, committing $80 million to Mintifi, a startup focused on SME financing, and $100 million to Vastu Housing…
xRazorpay has partnered with the Ministry of Home Affairs’ MHA Indian Cyber Crime Coordination Centre I4C to address the security challenges in India’s growing digital payments…
The Madhya Pradesh High Court directed the state government to take immediate steps for reviving the Swarn Rekha River. It stressed the importance of ecological preservation and…
The Gujarat High Court allowed the condonation of delay in filing an appeal regarding land tenure disputes. It noted that procedural delays should not obstruct substantive…
The Allahabad High Court held that appeals filed under Section 107 of the GST Act cannot be dismissed as non-maintainable if alternate remedies exist. In a case concerning tax…
The Delhi High Court granted interim bail to an accused in a money laundering case under the Prevention of Money Laundering Act PMLA . The court observed that the accused was…
The Delhi High Court took cognizance of a chargesheet filed by the Enforcement Directorate ED in the alleged liquor policy scam involving former Delhi Deputy CM Manish Sisodia.…
The Calcutta High Court held that installing CCTV cameras in a private residence requires the consent of the person in possession of the house. The ruling came in a case where a…
The Allahabad High Court ruled that an employee suspended from service must be reinstated if suspension exceeds the permissible duration without completing disciplinary…
The Calcutta High Court directed the District Magistrate and DIG of BSF to visit Beldanga in Murshidabad, West Bengal, to address recent incidents of communal violence. The court…
The Kerala High Court observed discrepancies in the utilization of an Agriculture Promotion Fund amounting to ₹1,510 crore and directed the state to submit a detailed report. The…
The Kerala High Court directed the state government to authorize vehicle license plate manufacturers through a fair and transparent tender process. The ruling addressed…
The Kerala High Court ruled that prior sanction is not required for taking cognizance of offenses involving police torture if prima facie evidence exists. The decision came in a…
A Gujarat man was arrested for offering a ₹35,000 bribe to a judge to expedite a fast-track case. Authorities emphasized accountability and transparency in judicial processes to…
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