The Supreme Court heard the Sambhal Jama Masjid case involving a plea against a survey order, providing live updates on the proceedings. The case focuses on a High Court order…
29/11/20241 min read
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The Supreme Court heard the Sambhal Jama Masjid case involving a plea against a survey order, providing live updates on the proceedings. The case focuses on a High Court order…
The Supreme Court directed a trial court not to proceed with a case involving the Sambhal mosque’s petition against a survey order until it is listed before the High Court. The…
A Malayalam actress approached the Supreme Court against a Kerala High Court direction to register an FIR in a case involving her statement to the Hema Committee. The actress…
The Supreme Court granted bail to Trinamool Congress leader Kuntal Ghosh in a cash-for-jobs scam investigated by the CBI. The court found merit in the petitioner’s plea for bail,…
The Supreme Court reacted to a plea seeking disclosure of judges’ assets, emphasizing the importance of transparency and accountability within the judiciary. The petition called…
The Supreme Court criticized school staff for staging a satyagraha protest in front of a school gate, questioning its propriety while being part of the institution. The court…
The Supreme Court was informed about the lack of action by authorities in addressing the issue of religious discrimination in the Muzaffarnagar student-slapping case. A PIL…
The ITAT ruled that a one-day delay in filing an income tax appeal cannot be considered a delay. The tribunal restored a gratuity addition matter to the CIT A , directing a fresh…
The ITAT quashed a Section 263 revision order and annulled the CIT A ’s order, citing an invalid assessment. The tribunal observed that the assessment was flawed due to…
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…
The Uttar Pradesh Governor issued an ordinance amending the UP GST Act, introducing changes related to Input Service Distributor ISD provisions and penalties for unregistered…
The ITAT remanded a case to the CIT A after noting that lower authorities failed to consider the taxpayer’s evidence regarding bank deposits. The taxpayer had submitted reasoning…
The Kerala Income Tax Department conducted raids on the office premises of Parava Films, owned by actor Soubin Shahir, suspecting tax evasion. The search was part of broader…
The ITAT ruled that the late filing of Form 67 cannot override rights under a Double Taxation Avoidance Agreement DTAA . It allowed the Foreign Tax Credit FTC claim of the…
ITAT ruled that loan interest deductions under Section 48 of the Income Tax Act are valid, even if a prior claim under Section 24 b exists. The case involved amendments effective…
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 Madras High Court invalidated the rejection of a GST rectification application due to unclear reasons and kept the GST DRC-07 recovery notice in abeyance. The court criticized…
The Madras High Court ruled that the limitation period for filing GST appeals begins from the rejection date of a rectification application, if filed, and not the original order…
ITAT upheld a penalty imposed on an Indian Oil Corporation employee for non-compliance with assessment notices, despite the taxpayer’s awareness of tax obligations. The employee…
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 Orissa High Court dismissed a writ petition to challenge a tax order, emphasizing the availability of an alternative remedy. The petitioner sought judicial intervention in…
The Gauhati High Court dismissed a Central Excise Inspector’s challenge against the allocation of a posting zone after a delay of several years. The petitioner argued that the…
ITAT restored a case to the CIT A for reconsideration of ₹13.35 lakh in unexplained cash deposits, citing the non-consideration of evidence provided by the assessee. The taxpayer…
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…
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 central government has approved coal allocations for Madhya Pradesh to set up power plants with a combined capacity of 4,100 MW. This decision aims to address the state’s…
The Reserve Bank of India’s RBI recent forex market interventions have been pivotal in preserving market stability, but experts caution against further rupee appreciation. The RBI…
Star Health Insurance revealed that it settled claims worth ₹3,330 crore in Telangana and Andhra Pradesh over the past five years, emphasizing its commitment to customer service.…
India’s MSME sector continues to face challenges with regulations, business registrations, credit access, and market entry despite government initiatives to support small…
Shares of bank-backed insurance companies have witnessed a decline following reports suggesting potential restrictions on bancassurance limits. Bancassurance, the partnership…
The Finance Ministry has proposed raising the Foreign Direct Investment FDI limit in the insurance sector to 100% while introducing a composite license provision. The initiative…
The ITAT has ruled that a delay in filing tax returns or appeals may be condoned if there is a genuine, bona fide reason. The ruling clarifies that negligence alone is not a valid…
The Punjab and Haryana High Court has set aside an income tax notice issued and proceedings initiated under section 144B without conducting a faceless assessment. The court ruled…
The ITAT has ruled that duty drawback and license sale income should be included in gross receipts for the purposes of presumptive taxation under section 44AD of the Income Tax…
ITAT has provided trusts with another opportunity to submit their registration applications. In the case at hand, the trust had failed to file its registration application within…
GSTN has released an advisory regarding biometric Aadhaar authentication for GST registration in Madhya Pradesh. This new process will streamline and secure the GST registration…
AkzoNobel India has received a ₹46.4 crore GST demand from state GST authorities, following an investigation into the company’s Input Tax Credit ITC claims. The demand arises from…
The CBIC has extended the GST return filing due date for businesses in Manipur state due to disruptions caused by local conditions. The extension offers taxpayers additional time…
The Patna High Court has ruled that the GST department cannot skip issuing a personal hearing notice, citing a lack of a request from the taxpayer. The decision underscores the…
ICMAI has announced the fee for changing elective papers for CMA Final students. The change applies to students who wish to alter their elective subject choices for the final…
The central government has approved coal allocations for Madhya Pradesh to set up power plants with a combined capacity of 4,100 MW. This decision aims to address the state’s…
The Reserve Bank of India’s RBI recent forex market interventions have been pivotal in preserving market stability, but experts caution against further rupee appreciation. The RBI…
India’s MSME sector continues to face challenges with regulations, business registrations, credit access, and market entry despite government initiatives to support small…
Shares of bank-backed insurance companies have witnessed a decline following reports suggesting potential restrictions on bancassurance limits. Bancassurance, the partnership…
The Finance Ministry has proposed raising the Foreign Direct Investment FDI limit in the insurance sector to 100% while introducing a composite license provision. The initiative…
Star Health Insurance revealed that it settled claims worth ₹3,330 crore in Telangana and Andhra Pradesh over the past five years, emphasizing its commitment to customer service.…
Indian banks are reevaluating their exposure to Adani Group in light of US bribery allegations against the conglomerate. Reports suggest that major lenders are reviewing their…
StockGro, a social investment platform, has conducted its second employee stock option ESOP buyout worth $2 million. This initiative allows employees to liquidate their equity…
Zomato-owned Blinkit has partnered with leading multiplex chains to sell tickets for the upcoming movie "Pushpa 2," highlighting its diversification within the Zomato ecosystem.…
The Supreme Court heard the Sambhal Jama Masjid case involving a plea against a survey order, providing live updates on the proceedings. The case focuses on a High Court order…
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