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Malaysia Airlines is planning to expand its operations into India, recognizing the country as a crucial market for its growth strategy. The airline aims to enhance connectivity…
A humorous comment made by a Tamil Nadu hotelier on the bifurcation of Goods and Services Tax GST for items like buns and cream has sparked a reaction from Finance Minister…
The article reports a substantial increase in the market valuation of nine out of the top ten companies in India, with a collective rise of Rs. 2.01 lakh crore. Bharti Airtel…
The article focuses on the allotment process for Bajaj Housing Finance's Initial Public Offering IPO and the latest GMP Grey Market Premium associated with it. It provides a…
The article highlights the top five banks offering the highest interest rates on fixed deposits FDs as of the current period. It provides detailed information on the specific…
The Kerala High Court recently addressed the bail application of members of the Popular Front of India PFI accused in the murder case of RSS leader Sreenivasan. The court’s…
The Supreme Court ruled that preventive detention is invalid if the detaining authority fails to furnish documents relied upon for the detention. In this case, the detaining…
The Supreme Court of India recently addressed a case involving a tenant who refused to vacate a rented property despite multiple court orders. The tenant's obstinacy led to the…
The Supreme Court ruled that compensation for land surrendered for public purposes is payable once determined, without requiring a formal request from the landowner. The case…
The Supreme Court held that a resignation is not final until the acceptance is communicated to the employee. In this case, an employee's resignation was not considered effective…
The Supreme Court overturned a decision granting land acquisition compensation to individuals who purchased land from a party without a valid title. The case involved a dispute…
The Supreme Court emphasized the crucial role of trust in the legal profession, highlighting that false statements by members of the bar undermine this trust. The court expressed…
The Calcutta High Court ruled that the Micro, Small, and Medium Enterprises MSME Act does not bar independent arbitration under the Arbitration and Conciliation Act if an…
The Delhi High Court upheld an arbitrator's decision to treat correspondence admitting a loan claim as an admitted claim under Order XII Rule 6 of the Civil Procedure Code CPC .…
The Calcutta High Court ruled that a composite reference to arbitration cannot be made for disparate causes of action. The case involved a dispute where the party sought to…
The Supreme Court ruled that an election petition should not be dismissed at the threshold if there is substantial compliance with the provisions of the Representation of the…
The NCLAT clarified that the limitation period for filing appeals under the IBC begins from the date of order pronouncement. The case involved intervenors who claimed ignorance of…
The National Company Law Appellate Tribunal NCLAT observed that repeated applications under Section 9 of the Insolvency and Bankruptcy Code IBC could indicate misuse of the code…
The CESTAT ruled that service charges collected by a medical store were covered under health care services and thus exempt from service tax. The case centered on whether the…
The CESTAT ruled that the conditions mentioned in a new notification regarding refunds were not applicable to goods that had already been exported before the notification was…
The CESTAT granted Cenvat credit to an assessee based on a local commissioner’s report that established the existence of the supplier. The case revolved around the assessee’s…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that a factory which was closed due to unavoidable circumstances was not liable to pay excise duty during the…
The Maharashtra Real Estate Appellate Tribunal MahaREAT dismissed a homebuyer’s application for condonation of a 298-day delay in filing an appeal. The homebuyer had sought relief…
In this case, the Kerala Real Estate Regulatory Authority RERA issued an order directing a builder to compensate a homebuyer ₹75,000 for failing to provide permanent car parking…
This case involves a consumer dispute where the complainant, a consumer, challenged the deficiencies in service provided by the service provider. The key issue in this case was…
The Karnataka High Court ruled that taxpayers must be provided with a minimum of seven days to respond to notices issued under Section 148AB of the Income Tax Act, which pertains…
The CESTAT upheld the reclassification of components used in air conditioner AC remotes under a different tariff heading, based on specific classifications provided in the Customs…
The ITAT ruled that nationalized banks are liable to pay Minimum Alternate Tax MAT after the 2012 amendment to the Income Tax Act. Prior to the amendment, nationalized banks were…
The CESTAT quashed an excise duty demand imposed on a company for allegedly removing goods clandestinely without payment of duty. The tribunal observed that the tax department…
In a case where there was a 25-day delay in filing an appeal due to the enforcement of the election code of conduct and the ill-health of the tax department's staff, the Income…
The CESTAT allowed the company to avail Cenvat Credit on the excise duty paid for the purchase of mild steel scrap, based on invoices issued by registered dealers. The company had…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that late delivery charges cannot be subjected to service tax under Section 66E of the Finance Act. The case…
The Madras High Court ruled that unfulfilled advance license obligations of a transferor company persist even after a merger. In this case, a company that merged with another had…
The Supreme Court recently upheld the deletion of a ₹64.43 crore penalty imposed on Ericsson India Private Limited under Section 271G of the Income Tax Act. The penalty was…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT has ruled that excise duty exemptions cannot be denied based on the assumption that goods were used for…
The Madras High Court set aside an income tax assessment order passed without adequately considering the taxpayer’s submissions amidst an approaching deadline. The court held that…
In a landmark decision, the Karnataka High Court ruled that a single consolidated Show Cause Notice SCN under Section 73 of the CGST Act cannot be issued for multiple assessment…
The Madras High Court has quashed an income tax reassessment order, ruling that it was based on grossly erroneous factual foundations. The court found that the reassessment…
The Karnataka High Court has directed the GST department to restore the registration of a taxpayer whose registration was wrongfully cancelled despite submitting a reply to the…
The Madras High Court has ordered the issuance of a fresh Show Cause Notice SCN under Section 148 of the Income Tax Act due to new issues that were not addressed in the original…
The Patna High Court directed that a GST appeal be considered on its merits without insisting on the 10% pre-deposit, as required under Section 107 of the CGST Act, 2017. The…
The Supreme Court has ruled that statements recorded by authorities under the Prevention of Money Laundering Act PMLA are admissible as judicial evidence. The court confirmed that…
The Karnataka High Court has ruled that the Income Tax Department cannot impose penalty orders while an appeal on an assessment order is pending, citing Section 275 of the Income…
The Income Tax Appellate Tribunal ITAT has upheld the reopening of an income tax assessment but granted partial relief concerning unexplained cash deposits. The case involved a…
The Income Tax Appellate Tribunal ITAT has condoned a delay of 364 days in filing an appeal, accepting the taxpayer’s explanation that the delay was due to their pursuit of an…
The Karnataka High Court has granted an opportunity for a Chartered Accountant CA firm to establish the authenticity of a tax audit report that was rejected due to unsigned…
The GST Council has introduced a rectification process for orders related to Input Tax Credit ITC under Sections 73, 74, 107, and 108 of the GST law. This move aims to address and…
The Calcutta High Court dismissed a review petition filed by the State GST Department regarding a case on non-updating Part-B of an e-way bill. The case involved a taxpayer who…
A humorous comment made by a Tamil Nadu hotelier on the bifurcation of Goods and Services Tax GST for items like buns and cream has sparked a reaction from Finance Minister…
The Finance Minister has acknowledged the concerns raised by the hotel industry regarding the Goods and Services Tax GST on food items and assured them of a review. The hotel and…
Malaysia Airlines is planning to expand its operations into India, recognizing the country as a crucial market for its growth strategy. The airline aims to enhance connectivity…
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