In another ruling by MahaRERA, a homebuyer was directed to pay Rs 1.18 crore, along with interest, to Transcon Developers after failing to make timely payments as per the…
13/09/20241 min read
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In another ruling by MahaRERA, a homebuyer was directed to pay Rs 1.18 crore, along with interest, to Transcon Developers after failing to make timely payments as per the…
The Competition Commission of India CCI approved the merger of Tata Motors Finance Limited with Tata Capital Limited. This merger is part of the Tata Group's strategy to…
The Maharashtra Real Estate Regulatory Authority MahaRERA directed Solitaire Palms to refund the amount paid by a homebuyer after failing to deliver possession of the property on…
The Central Board of Indirect Taxes and Customs CBIC has extended the countervailing duty on imports of Atrazine Technical, a herbicide, from China for another five years. This…
In a case before the Madras High Court, a buyer faced a demand for GST payment due to the supplier’s delayed filing of returns, where the supplier incorrectly classified the…
The Supreme Court sought a response from the Bar Council of India BCI regarding a plea to allow final-year law students to appear in the All India Bar Examination AIBE . The…
The Madras High Court addressed a challenge to the discriminatory imposition of entry tax on imported vehicles. Petitioners argued that the entry tax on vehicles imported into…
The ITAT ruled that income accumulated under Section 11 6 of the Income Tax Act can be applied toward the acquisition of fixed assets. The case involved a charitable trust that…
The Supreme Court dismissed a cost of Rs. 5 lakh imposed by the Allahabad High Court on the Income Tax Department for initiating a reassessment based on incorrect information. The…
The Madras High Court set aside a draft assessment issued under Section 144C of the Income Tax Act due to the authorities’ failure to address the taxpayer’s objections. The court…
The ITAT condoned a 140-day delay in filing an appeal before the Commissioner of Income Tax Appeals due to incorrect advice from a tax consultant. The taxpayer had relied on the…
The Madras High Court quashed an inquiry report and proceedings initiated under Regulation 17 5 of the Customs Brokers Licensing Regulations CBLR due to procedural lapses. The…
The Central Board of Indirect Taxes and Customs CBIC has amended the Courier Imports and Exports Electronic Declaration and Processing Regulations. These changes aim to streamline…
The Madras High Court dismissed a revenue appeal challenging the ITAT's decision to extend a tax stay beyond the statutory limit under Section 254 2A of the Income Tax Act. The…
In a decisive move, the Central Board of Indirect Taxes and Customs CBIC suspended CGST officials involved in an extortion case. This follows a zero-tolerance policy towards…
The CESTAT ruled that the transportation of goods for both domestic and international trade is exempt from Business Auxiliary Services BAS , and thus, no service tax demand can be…
CESTAT set aside a customs order that had rejected the transaction value of imported goods under Rule 8 of the Customs Valuation Rules. The authorities had claimed over-valuation…
The CESTAT directed the Customs Commissioner to reassess an earlier speaking order concerning the assessment of 18 aluminum scrap import bills. The tribunal noted that the initial…
The CESTAT upheld a demand for central excise duty under Section 11A due to a shortage of raw materials and finished goods at a manufacturing unit. The tribunal confirmed that the…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT rejected a refund claim involving delayed payments caused by post-clearance oil price variations. The refund was…
The ITAT ruled that divergent views held by the Principal Commissioner of Income Tax PCIT on unrelated issues do not justify invoking Section 263 in cases of limited scrutiny. The…
The ITAT set aside an order passed by the Commissioner of Income Tax Appeals , where the discrepancy between the taxpayer’s Form 26AS and the books of accounts arose due to a…
The ITAT ruled that an addition under Section 69A of the Income Tax Act cannot be made solely based on the claim that the assessee is not a specified person to accept demonetized…
In a significant ruling, the Income Tax Appellate Tribunal ITAT dismissed an appeal challenging an assessment order passed on a struck-off company. The company was dissolved…
Several financial experts have raised concerns about the excessive allocation of Integrated GST IGST to states, leading to an imbalance in the distribution of central revenues.…
In a shocking incident, four GST officials were arrested for conducting a fake raid on a Bengaluru-based businessman and extorting Rs 1.5 crore from him. These officials, under…
The Finance Ministry has provided much-needed GST relief to two sectors: advertising agencies and automobile dealers. Advertising agencies had faced challenges regarding the…
The Kerala High Court quashed proceedings against Congress legislators involved in a Kerala Assembly ruckus. The case centered on allegations under Sections 341 and 354 related to…
The Orissa High Court addressed noise pollution concerns related to the Durga Puja festival in a suo motu case. The court examined the levels of noise generated during the…
The Kerala High Court reviewed the issue of vehicle custody during the Onam celebration at Farook College, Kozhikode. The case involved disputes over the management and custody of…
The Kerala High Court dismissed a Public Interest Litigation PIL challenging the Kerala Fibre Optic Network KFON project. The PIL alleged corruption and irregularities in the…
The Central Bureau of Investigation CBI sought to arrest Arvind Kejriwal, which led to discussions about the impact on bail and legal proceedings. Justice Ujjal Bhuyan considered…
The Delhi High Court granted interim relief in a trademark infringement suit involving Amul and an Italian company. The case concerned allegations that the Italian company's…
The Supreme Court of India has granted permission to Dait Adani Power to continue operating the Coastal Energen Power Plant, which was a subject of legal dispute. The decision is…
A Kerala court has issued a restraining order against the creation and distribution of spin-off movies, graphic novels, and merchandise related to the popular film "Minnal…
The Supreme Court of India has issued a notice in response to a Public Interest Litigation PIL seeking the inclusion of anti-rape laws and related awareness programs in school…
The Allahabad High Court ordered an investigation into allegations of misuse of the SC/ST Act involving an Assistant District Government Counsel. The case centered on accusations…
The Allahabad High Court ruled on a case involving a husband and wife living separately and the implications of criminal cases and marital breakdown on their relationship. The…
The Kerala High Court addressed grievances related to the landslides in Wayanad and the lack of redress for survivors. The court was approached with complaints that the survivors'…
In a recent ruling, the Rajasthan High Court addressed the issue of deleting exam questions and whether such actions were discriminatory. The case involved students who claimed…
The Rajasthan High Court reviewed the validity of a recruitment process where the selection criteria were challenged due to discrepancies in job advertisements. The petitioners…
The Allahabad High Court issued a ruling on the lapse of land acquisition proceedings conducted by the Uttar Pradesh Avas Evam Vikas Parishad under the 2013 Land Acquisition Act.…
The State Bank of India SBI has requested the National Consumer Disputes Redressal Commission NCDRC to transfer a hearing related to a home loan default case out of Tamil Nadu.…
The Supreme Court of India has called for a response from the Enforcement Directorate ED regarding the third bail plea submitted by Bhupesh Baghel, a former secretary. The case…
The Delhi High Court has granted interim bail to four individuals accused in a case related to the death of a UPSC aspirant, subject to the payment of a ₹5 crore bond. The case…
The Supreme Court of India has requested information regarding the ongoing lawyers' strikes in Uttar Pradesh. These strikes have been impacting the functioning of the legal system…
The Bombay High Court has ruled that the Central Information Commission CIC has limited powers under the Right to Information RTI Act and cannot assume an adjudicatory role. The…
The Reserve Bank of India RBI has canceled the registration certificates of four non-banking financial companies NBFCs and announced that 13 additional firms have surrendered…
The Union Bank of India has joined the Partnership for Carbon Accounting Financials PCAF , an initiative aimed at enhancing transparency and accountability in financial…
China has imposed a six-month business suspension on PricewaterhouseCoopers PwC auditing unit in Mainland China, citing regulatory violations. The suspension is a significant…
In another ruling by MahaRERA, a homebuyer was directed to pay Rs 1.18 crore, along with interest, to Transcon Developers after failing to make timely payments as per the…
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