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The Ministry of Finance announced that H1 FY25 witnessed robust revenue growth, primarily driven by personal income tax collections, which grew by 21% year-on-year. This rise…
The Madras High Court granted an opportunity to the petitioner to contest a mismatch between Input Tax Credit ITC and Reverse Charge Mechanism RCM liabilities in the GSTR-3B…
The Authority for Advance Rulings AAR classified slaked lime containing less than 98% calcium oxide and calcium hydroxide as "slaked lime" under the Customs Tariff Act. This…
The Supreme Court sought a detailed response from the Uttar Pradesh Police regarding alleged inaction in the case of gangster Anurag Dubey. The petitioner claimed that despite…
The Supreme Court dismissed an FIR filed by the CBI over allegations of a fake vakalatnama submitted in a property dispute case. The vakalatnama purportedly bore the forged…
The Bombay High Court directed the Maharashtra State Commission for Protection of Child Rights to issue guidelines ensuring anonymity for minors involved in abortion cases. The…
The Supreme Court observed that denying bail due to delays in trials is not a solution to manage judicial backlogs. It emphasized the right to speedy trials and fair legal…
The Delhi High Court directed “The Morning Context” to move before a single judge regarding vacation of an injunction in a defamation case. The matter involved an OFB Tech-linked…
The Supreme Court Collegium has proposed Delhi High Court Chief Justice Manmohan for elevation to the Supreme Court, citing his expertise in tax law and substantial contributions…
The NCLAT ruled that proceedings under Section 61 of the Insolvency and Bankruptcy Code IBC , challenging directions by the Insolvency and Bankruptcy Board of India IBBI , cannot…
Zomato raised INR 8,500 crore via a Qualified Institutional Placement QIP at an issue price of INR 252.62 per share. The funds will bolster Zomato’s growth initiatives, including…
The Allahabad High Court addressed a PIL related to Sambhal violence, directing authorities to properly investigate FIRs against the District Magistrate and Superintendent of…
The Delhi High Court ruled that arbitrators cannot unilaterally set their fees unless expressly agreed upon by the parties. The court observed that such unilateral actions violate…
The Madras High Court advocated stringent punishment for family members committing sexual offenses, emphasizing the trust violation involved. The court observed that such crimes…
The Finance Ministry of India has proposed allowing 100% Foreign Direct Investment FDI in insurance firms, a move that is expected to boost the sector significantly. This proposal…
The FMCG sector in India, dominated by giants like HUL, ITC, Britannia, and Dabur, is facing challenges impacting costs and valuations. The increase in operational costs, coupled…
The Telecom Regulatory Authority of India TRAI assured there will be no delays in One-Time Password OTP deliveries after December 1, addressing concerns raised by stakeholders.…
ITAT dismissed a revenue appeal involving the addition of ₹14.3 crore, stating there was no incriminating evidence to justify the adjustment. The revenue authorities had attempted…
The Income Tax Appellate Tribunal ITAT provided relief to Toyota by quashing a separate benchmarking analysis of royalty payments after accepting the margin at the arm’s length…
A Punjab court directed Congress MP Raja Warring to remove defamatory content against a journalist from social media. The defamation claim arose from a video shared during an…
On November 29, 2024, Indian stock markets showed mixed trends as Nifty and Sensex fluctuated amidst various market influences. Key sectors saw uneven performances, with gains in…
The Supreme Court ruled that the highest bidder in a tender process has no vested right to a contract. The court clarified that the bidding process aims to maximize public…
The Patiala House Court granted a stay order on the attachment of Bikaner House by the Enforcement Directorate ED . The dispute originated from the ED's action against the…
The Kerala High Court ruled that collecting a voice sample during custody does not violate fundamental rights. The court clarified that voice sampling is a non-invasive process…
Nazara Technologies’ subsidiary, Nodwin Gaming, acquired Trinity Gaming for INR 24 crore. The acquisition strengthens Nodwin’s position in India’s burgeoning esports and gaming…
Paytm’s shares hit a 52-week high of INR 951.90, driven by positive market sentiment and strong investor interest. The rally followed the company’s recent quarterly results, which…
The Income Tax Appellate Tribunal ITAT ruled that a 10% tolerance band under Section 43CA, introduced to address discrepancies in stamp valuation, applies retrospectively. The…
The Ministry of Finance announced that H1 FY25 witnessed robust revenue growth, primarily driven by personal income tax collections, which grew by 21% year-on-year. This rise…
In a significant ruling, ITAT restored an appeal for de novo adjudication by the Commissioner of Income Tax Appeals , citing timely filing by the assessee. The case involved…
The Income Tax Appellate Tribunal ITAT ruled that a 10% tolerance band under Section 43CA, introduced to address discrepancies in stamp valuation, applies retrospectively. The…
The Kerala High Court ruled that service tax is not applicable on grants received by organizations for daily expenses linked to services rendered. The petitioner contended that…
The Madras High Court granted an opportunity to the petitioner to contest a mismatch between Input Tax Credit ITC and Reverse Charge Mechanism RCM liabilities in the GSTR-3B…
The Punjab & Haryana High Court quashed a Section 148 notice under the Income Tax Act for failing to comply with faceless assessment protocols. The court held that procedural…
India’s fiscal deficit for FY25 is projected to narrow to 4.75% of GDP, compared to 5.9% in FY24, signaling improved fiscal discipline. This reduction aligns with the government’s…
November 2024 is projected to witness record-breaking GST collections exceeding ₹1.87 lakh crore, driven by heightened festive demand. This surge reflects robust economic activity…
The Income Tax Appellate Tribunal ITAT provided relief to Toyota by quashing a separate benchmarking analysis of royalty payments after accepting the margin at the arm’s length…
The Karnataka High Court ruled on the registry office’s objections to withdrawal memos requiring an advocate's signature. The court clarified that such objections lack legal…
The Delhi High Court ruled that Magistrates cannot question the validity of an FIR, as this is beyond their jurisdiction. The court emphasized that FIR registration is a statutory…
The Orissa High Court ruled that “Social Welfare Surcharge” is exempted under the Merchandise Exports from India Scheme MEIS . The petition challenged the levy of this surcharge,…
The Allahabad High Court ruled that proceedings under the SC/ST Act can be challenged in their entirety via Section 482 CrPC. The court clarified that its earlier contradictory…
The Kerala High Court ruled that a doctor’s failure to examine a minor victim amounts to negligence under Section 166B IPC. The case involved a medical practitioner who refused to…
The Jharkhand High Court ruled that Civil Judges Senior Division are empowered to adjudicate suits valued below ₹5 lakh, following the enhancement of pecuniary jurisdiction. This…
The Rajasthan High Court clarified that an FIR can still be registered even if a complaint proceeding is ongoing under Section 233 CrPC. The court stated that FIR registration and…
The Gauhati High Court directed the Mizoram government to establish the State Human Rights Commission, emphasizing its necessity to uphold human rights in the region. The…
The Rajasthan High Court ruled that denial of a passport based on an adverse police verification report must align with legal reasoning and principles of natural justice. The…
The Bombay High Court granted bail to a pregnant prisoner, citing humanitarian grounds and concerns for the well-being of the unborn child. The court considered the challenges of…
The Madras High Court directed the Tamil Nadu state government to frame rules under the POSH Prevention of Sexual Harassment Act, ensuring effective implementation in workplaces.…
The Kerala High Court ruled that the parading of elephants during temple festivals is not an essential religious practice, emphasizing animal welfare. The court issued guidelines…
The NCLAT ruled on a case involving the fraudulent initiation of an insolvency resolution process, holding the petitioner liable for abusing the IBC framework. The tribunal…
The Maharashtra RERA held Spenta Enclave liable for delays in completing a housing project and directed the builder to pay interest to homebuyers. The regulatory authority…
The Ministry of Finance announced that H1 FY25 witnessed robust revenue growth, primarily driven by personal income tax collections, which grew by 21% year-on-year. This rise…
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