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The Meghalaya High Court upheld a rape conviction based solely on the victim's testimony, deeming it reliable despite lack of corroboration. The court emphasized the victim's…
The total shareholding of domestic mutual funds in Paytm increased to 6.8% at the end of June quarter from 6.15% at the end of the March quarter of FY24.\r FDI stakeholding stood…
The startup made the allotment towards the exercise of vested stock options under its ESOP, 2018.\r As per the stock’s closing price on Friday, the newly allotted ESOPs are worth…
In a significant ruling, the Jammu and Kashmir High Court stated that a husband cannot evade his obligation to pay maintenance by unilaterally pronouncing talaq thrice. The court…
The Tripura Consumer Disputes Redressal Commission rebuked SBI for delaying the response to an OTP fraud complaint, instructing it to compensate the victim and pay a fine for…
SEBI has fined Berkeley Securities Ltd. ₹9 lakh for violating stockbroker regulations by not settling client accounts on time. The penalty was imposed after an inspection found…
In a case concerning seized betel nuts, the Meghalaya High Court has directed the Customs Commissioner to refund Rs. 60 lakhs to the owner after the destruction of the goods. The…
The Income Tax Appellate Tribunal ITAT upheld that Section 54F of the Income Tax Act should be interpreted liberally, allowing full deductions for the purchase of property in the…
The Income Tax Appellate Tribunal ITAT ruled that penalties under Sections 269SS and 269T of the Income Tax Act cannot be imposed on a company for accepting or repaying cash loans…
The Income Tax Appellate Tribunal ITAT ruled that filing Form 10IE isn't mandatory for availing benefits under the new income tax regime, directing the CPC to implement this. This…
The Allahabad High Court is hearing allegations of corruption against the presiding officer of DRT Lucknow, involving the Central Government. The case involves serious…
The GST Council has approved an exemption of Compensation Cess on imports by SEZ units or developers, effective from July 1, 2017. This decision, recommended by the GST Council,…
The Central Board of Indirect Taxes and Customs CBIC has notified that accommodation services provided for less than Rs 20,000 per month, for periods of 90 days or more, will be…
The Madras High Court criticized the GST department for an incomplete review of e-invoices and e-way bills, leading to an inappropriate penalty on the petitioner. The court…
The Kolkata bench of the Income Tax Appellate Tribunal ITAT upheld the addition of excess income as business income for a family engaged in money lending for 20 years. The…
The Andhra Pradesh High Court ruled that filing an appeal under the CGST Act after concluding writ proceedings constitutes an abuse of process. The Court emphasized that parties…
In a recent decision, the NCLAT held that a corporate guarantor cannot be held liable under the Insolvency and Bankruptcy Code IBC if the guarantee itself was not invoked. The…
SEBI has introduced new guidelines aimed at enhancing the operations of credit rating agencies CRAs in India. These guidelines focus on improving transparency, governance, and…
The Delhi High Court remanded a case involving the retrospective cancellation of GST registration due to non-existence at the principal place. Initially rejected, the application…
The Income Tax Appellate Tribunal ITAT ruled that reassessment after the expiry of four years due to non-filing of GST by the supplier is invalid. The case involved the…
The Madras High Court ruled that even if scrutiny proceedings are dropped, a GST-registered person must respond to a show-cause notice SCN issued by tax authorities. The court…
The Madras High Court has deferred the adjudication of GST applicability on amounts paid for mining leases to the government, pending a Supreme Court ruling on royalty. The case…
The article discusses CBIC's notification of GST exemptions for services provided by Indian Railways and Special Purpose Vehicles SPVs effective from July 15, 2024. This exemption…
The article discusses how CESTAT Customs, Excise and Service Tax Appellate Tribunal quashed the confiscation of gold based solely on retracted statements without additional…
The Supreme Court emphasized that minor variations in name spellings across electoral rolls or government records should not cast doubt on Indian citizenship. It ruled that…
The Supreme Court ruled that arrest isn't for investigation but needs "reasons to believe" in Arvind Kejriwal's case. The judgment emphasizes the necessity of solid grounds for…
The Supreme Court stayed the broadcast restraint on a Kannada news channel aiming to prevent airing news related to a sex scandal. The channel argued for freedom of speech and…
Registrar of Companies RoC penalized Ganesh Green Bharat Limited and its director for non-compliance with CSR fund contribution, imposing a ₹106 crore penalty. The company failed…
The Bombay High Court ruled that temporary release of a life convict for family matters cannot be equated with parole. The court clarified that such release does not affect the…
The Rajasthan High Court denied bail to an accused under the NDPS Act, citing the importance of judicial discipline and maintaining societal faith in justice. The accused sought…
In a significant development, the Patna High Court has remanded the accused involved in the NEET paper leak to CBI custody. The accused were allegedly part of a criminal syndicate…
The Allahabad High Court criticized the sustainability of a punishment order due to procedural lapses during the inquiry stage. The court found that essential procedures were not…
The Karnataka High Court has stayed an enquiry by IIM Bangalore against a professor accused of caste humiliation. The court issued the stay after noting procedural irregularities…
The Karnataka High Court upheld the allowance of interest on excessively paid sales tax refunds, emphasizing that such interest is compensatory rather than penal. The decision…
The Delhi High Court invalidated an arbitration clause in a lease agreement due to a subsequent verbal agreement superseding it. The court emphasized that parties' actions can…
Justice P. Somarajan of the Kerala High Court bid farewell in a heartfelt speech, reminiscing his journey and emphasizing the judiciary's role in upholding justice. He stressed…
Chief Justice of India CJI N.V. Ramana and Justice D.Y. Chandrachud advocate conducting legal education proceedings in regional languages to enhance accessibility and inclusivity.…
The Supreme Court clarified the doctrine of legitimate expectation, stating it applies only in public law and not contractual matters. Legitimate expectation must stem from an…
The Supreme Court ruled that the Chief Information Commissioner CIC holds the authority to form benches and frame regulations for the efficient functioning of the Central…
The Supreme Court of India ruled that writ petitions under Article 226 of the Constitution are not maintainable against private educational institutions for service disputes. It…
The article discusses the extension of the deadline for filing Form GST RFD-11 by the Central Board of Indirect Taxes and Customs CBIC . The new deadline allows taxpayers to claim…
The article discusses the CBIC's new mandate requiring filing of Form GSTR-4 by June 30th annually, starting from FY 2024-25. This form is crucial for composition taxpayers under…
In a recent decision, the Delhi High Court denied bail to Bibhav Kumar in the Swati Maliwal assault case. Kumar, accused of assaulting the Delhi Commission for Women chief, argued…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that there is no time limit prescribed under Section 27 of the Customs Act for claiming a refund of penalty…
In a recent ruling, the Bombay High Court upheld the Maharashtra government's decision to increase lease rents for properties in Bandra, rejecting challenges against the hike. The…
The Gujarat High Court dismissed a PIL alleging environmental and wildlife threats due to mining activities in Gir Somnath district. The court ruled that the PIL lacked merit,…
In a recent ruling, the Delhi High Court directed Congress leaders including Rajat Sharma to delete defamatory tweets against a Delhi-based businessman. The court found the tweets…
The Income Tax Appellate Tribunal ITAT ruled that filing Form 10IE isn't mandatory for availing benefits under the new income tax regime, directing the CPC to implement this. This…
CBIC has introduced Form GSTR-1A to facilitate seamless amendments to GSTR-1 details. This form allows taxpayers to rectify errors or omissions in their already filed GSTR-1…
The Calcutta High Court has granted temporary relief to taxpayers by allowing their petitions due to the delay in operationalizing the GST Appellate Tribunal. The Court…
The Meghalaya High Court upheld a rape conviction based solely on the victim's testimony, deeming it reliable despite lack of corroboration. The court emphasized the victim's…
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