Govt Collects Rs 4,792 Crore GST on Education Services in FY24
In FY24, the government collected ₹4,792 crore in GST from education services. This significant collection marks the growing importance of the education sector in the GST regime,…
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In FY24, the government collected ₹4,792 crore in GST from education services. This significant collection marks the growing importance of the education sector in the GST regime,…
A recent report by the CBDT highlights the growing need to address issues regarding repeat penalties for undisclosed foreign assets. The report calls for clearer guidelines and…
The Finance Ministry has endorsed a 45-day payment policy for MSMEs, aimed at ensuring faster payments to small and medium enterprises. This move has received support from various…
The NCLAT, New Delhi, ruled that an application under Section 7 of the Insolvency and Bankruptcy Code IBC cannot be admitted in the absence of debt and default. The tribunal…
The National Company Law Appellate Tribunal NCLAT held that an application under Section 9 of the Insolvency and Bankruptcy Code IBC must be rejected if there is a plausible…
The National Company Law Appellate Tribunal NCLAT ruled that a guarantor cannot qualify as a financial creditor under the Insolvency and Bankruptcy Code IBC unless they have…
The National Company Law Tribunal NCLT , New Delhi, ruled that the threshold limit for initiating insolvency proceedings against personal guarantors is ₹1 crore, in line with…
The Madras High Court ruled that the limitation period for challenging assessment orders under Section 107 of the GST Act begins from the date of rejection of the rectification…
The Allahabad High Court clarified that a notification dated April 24, 2023, allowing time extensions for filing returns under Section 31 10 of the Uttar Pradesh GST UPGST Act, is…
The Rajasthan High Court allowed a tax assessee to operate its bank account after ruling that a provisional attachment under Section 83 of the GST Act automatically ceases after…
The National Consumer Disputes Redressal Commission NCDRC ruled that repeated breakdowns of a machine over a short period indicate inherent manufacturing defects. In this case, a…
The NCDRC ruled that buyers cannot be made to wait indefinitely for possession of properties, holding Lodha Construction liable for deficiency in service. The case involved…
The Kerala State Consumer Disputes Redressal Commission upheld an order against Reliance Insurance Company, directing it to pay treatment expenses to a complainant. The case…
The Haryana Real Estate Regulatory Authority RERA held Akme Projects Limited liable for a 10-year delay in their Manesar housing project and ordered a refund to the affected…
The Rajasthan High Court issued fresh guidelines for the issuance and extension of Look Out Circulars LOCs . The ruling came in response to complaints about indiscriminate use of…
The Karnataka High Court granted medical bail to Kannada actor Darshan Srinivas in a murder case. The case involves the murder of Renukaswamy, and Srinivas had requested bail…
The Madras High Court ruled that the limitation period for challenging assessment orders under Section 107 of the GST Act begins from the date the rectification application is…
The Telangana High Court directed the University Grants Commission UGC and the Bar Council of India BCI to issue stricter guidelines regarding law school admissions. The case…
The Allahabad High Court called for a Central Bureau of Investigation CBI probe into the Sambhal violence and directed a Special Investigation Team SIT to investigate the alleged…
The Calcutta High Court permitted a protest march against alleged atrocities faced by Sanatani Hindus in West Bengal, balancing the right to freedom of expression with public…
The Bombay High Court ruled that courts cannot examine the merits of a case while enforcing a foreign arbitral award under Section 48 of the Arbitration and Conciliation Act. The…
The Kerala High Court allowed Asha Lawrence to donate her body to a government medical college for research and educational purposes, despite objections from her family. The court…
The Allahabad High Court ruled that the time extension notification dated April 24, 2023, issued under Section 73 10 of the Uttar Pradesh Goods and Services Tax Act UPGST , is…
The Delhi High Court directed Members of Parliament from the Bharatiya Janata Party BJP to ensure the implementation of the Ayushman Bharat PMJAY scheme in their constituencies.…
Seven Indian states granted tax exemptions for the film "The Sabarmati Report," recognizing its cultural and social significance. The exemptions aim to encourage wider public…
The Income Tax Appellate Tribunal ITAT restored a case concerning a trust’s corpus donations for fresh hearing. Discrepancies arose due to issues with notices and email…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT held that confiscation under Section 111 of the Customs Act is not applicable without evidence of misdeclaration of…
The Kerala High Court ruled that denying a personal hearing to an income tax assessee amounts to a violation of natural justice. In this case, the Federal Bank had sought a…
The Chhattisgarh High Court dismissed the petition of a contractual employee challenging his dismissal due to a delay in filing the petition and the principle of laches. The…
The Kerala High Court ruled that luxury tax is applicable on sophisticated medical beds, stating that such beds cannot be exempt from luxury tax simply because they are used in…
The Karnataka High Court quashed an income tax notice issued under section 148 of the Income Tax Act, granting the taxpayer an opportunity to submit their replies to the…
The government terminated the anti-dumping investigation into mono-ethylene glycol imports from Kuwait, Saudi Arabia, and the USA. The investigation, which began to determine…
The ITAT ruled that the taxability of interest income depends on the investor’s status and not the name on the deposit. The case involved a dispute over the tax treatment of…
The Delhi High Court is set to hear a trademark dispute between Tesla Inc. and Tesla Cables in April 2025. Both parties have laid claims to the "Tesla" brand name, with Tesla Inc.…
Miko, a child-focused robotics startup, has secured shareholder approval to raise INR 28 crore via a preferential issue of shares. The funds are intended to fuel the company’s…
The Kerala High Court upheld the photography ban at the Sabarimala temple, citing the need to preserve the sanctity of the religious site. A petitioner had challenged the ban,…
The National Consumer Disputes Redressal Commission NCDRC held Dhwani Associate Developers liable for deficiency in service due to failure to fulfill their contractual…
The Bombay High Court has restrained Sun TV and certain YouTube channels from infringing on the copyright of Sobo Films in a case involving unauthorized use of their show content.…
The Karnataka High Court determined that filing an application under Section 8 of the Arbitration and Conciliation Act to refer disputes to arbitration before filing the first…
The Finance Ministry has endorsed a 45-day payment policy for MSMEs, aimed at ensuring faster payments to small and medium enterprises. This move has received support from various…
The Delhi High Court has upheld the AOs’ reassessment proceedings under section 147 of the Income Tax Act, based on findings from third-party searches. The court's decision…
The ITAT has ruled that a valid reason must be provided before invoking income tax reassessment proceedings. In a recent decision, the tribunal emphasized that the initiation of…
A recent report by the CBDT highlights the growing need to address issues regarding repeat penalties for undisclosed foreign assets. The report calls for clearer guidelines and…
In FY24, the government collected ₹4,792 crore in GST from education services. This significant collection marks the growing importance of the education sector in the GST regime,…
The Finance Ministry's review for October presents a cautiously optimistic economic outlook. It highlights that the economy is on a recovery path, with robust growth in sectors…
The due date for GST filing for taxpayers in Manipur has been extended to November 30, 2024. This extension was granted due to the recent disturbances in the region, which have…
The Income Tax Department has launched a new PAN 2.0 and TAN services unified portal aimed at simplifying tax registration processes for businesses. The portal enables seamless…
GSTN has introduced biometric Aadhaar authentication for GST registration in Madhya Pradesh. This step is part of a broader initiative to enhance the security and transparency of…
GSTN has issued an advisory on authorized e-invoice verification apps, urging taxpayers to only use approved applications for e-invoice verification. The advisory emphasizes that…
The CESTAT has ruled that a license agreement granting exclusive rights to use a product, with control over its use, should be considered a deemed sale under Article 366 29A of…
In FY24, the government collected ₹4,792 crore in GST from education services. This significant collection marks the growing importance of the education sector in the GST regime,…
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