Sorted by Latest
The Delhi Bench of the Income Tax Appellate Tribunal ITAT ruled that cooperative banks are considered cooperative societies engaged in banking business, making them eligible for…
The Finance Ministry is considering increasing the standard deduction limit under the new tax regime, as reported by CNBC Awaaz. This potential change could be part of Finance…
Global brokerage firm Morgan Stanley forecasts significant growth for Reliance Industries RIL , led by Mukesh Ambani, predicting a potential market capitalisation increase of…
The Delhi High Court imposed a cost of ₹50 lakh on activist Saket Gokhale in a defamation case filed by Lakshmi Puri. Puri, a former UN official, claimed Gokhale defamed her on…
The Karnataka High Court has ruled that challenging a domestic violence case under Section 482 of the CrPC is maintainable if the allegations are without merit and intended to…
The Orissa High Court organized its Annual District Judges' Conference, focusing on enhancing judicial efficiency and addressing challenges in the judiciary. Chief Justice S.…
The Patna High Court upheld the conviction of a man accused of penetrative sexual assault on a minor. The court dismissed the appeal challenging his conviction under relevant…
The Punjab and Haryana High Court ruled that the abolition of a promotional post by a competent authority does not violate fundamental rights. The decision came in response to a…
In June 2024, India’s gross GST collection reached ₹1.74 trillion, marking a 7.7% year-on-year growth, according to Business Standard. This growth rate is lower than the 12.4% and…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT in Kolkata ruled that a taxpayer must pay 7.5% interest on the deposited service tax demand. Despite the taxpayer…
The Gujarat High Court has ruled that failure to file claims during insolvency proceedings under sections 31 and 32A of the Insolvency and Bankruptcy Code IBC results in abatement…
In a recent ruling, the Karnataka High Court held that retired judges are entitled to encashment of leave while serving as Chairmen of Railways Claims Tribunal. The court rejected…
The Kerala High Court dismissed an appeal challenging the removal of courses in Biochemistry and Microbiology as part of a policy decision affecting paramedical courses. The court…
The Delhi High Court denied bail to K. Kavitha in connection with a liquor policy scam case, citing the seriousness of the allegations and the potential for influencing witnesses.…
In a recent Delhi High Court case, the maintainability of a plea challenging the arrest of Swati Maliwal's husband, Bibhav Kumar, was questioned. The court deliberated on whether…
The Bombay High Court dismissed a challenge to the Maratha reservation, upholding the findings of the Justice Sunil Shukre Commission. The court ruled that the Commission's…
The Equalisation Levy 2020, impacting digital transactions, has been extended in both India and the USA until June 30, 2024. This extension continues the transitional approach…
HDFC Life Insurance has been issued a tax demand of Rs 1,495.17 crore by the Income Tax Department. This demand is related to reassessment proceedings for the assessment year…
The Patna High Court ruled on the use of secondary evidence in determining the age of a victim in a POCSO case. It held that the birth certificate is not the sole criterion for…
The Central Excise and Service Tax Appellate Tribunal CESTAT ruled that externally funded research projects are not liable for service tax. The case involved an appeal against the…
The article from TaxScan discusses a CESTAT decision stating that fees charged to students pursuing post-graduate student status are not subject to service tax. The ruling…
In a recent decision, the CESTAT Customs, Excise and Service Tax Appellate Tribunal ruled that GMHC Government Medical College and Hospital is not liable to pay service tax under…
The Customs, Excise, and Service Tax Appellate Tribunal CESTAT set aside a penalty imposed under Section 114AA in a case involving the import of hazardous materials. The Tribunal…
The case discussed in the article involves the classification of services under the ambit of construction services or renting of immovable property for taxation purposes. The…
In a recent decision, the Karnataka High Court allowed a husband to initiate criminal proceedings against his wife for falsely accusing him under Section 498-A of the IPC. The…
SEBI has imposed a two-year market ban on 4W Wealth Management and its directors for illegally offering investment advisory services without registration. The ban follows an…
The Reserve Bank of India RBI has imposed a penalty of ₹29.60 lakh on HSBC Bank for non-compliance with regulations governing card operations. The penalty was levied after an…
Arvind Kejriwal challenged his custody by the CBI in the Delhi High Court, claiming it violated his fundamental rights. The court issued a notice to the CBI, seeking its response…
In a plea before the Supreme Court, petitioners have requested the re-evaluation of all OMR sheets for NEET-UG 2024 instead of canceling the exam due to alleged discrepancies in…
The Supreme Court dismissed a petition seeking a re-test for NEET-UG 2024 due to alleged solitary exam conduct. The Court emphasized that it would not entertain individual…
Medha Patkar, a social activist, was sentenced to jail in a defamation case filed by VK Saxena, President of an NGO. The court ordered Patkar to pay Rs. 10 lakh as compensation to…
The article discusses Justice BR Gavai's remarks on the issue of high court judges not conducting court proceedings in the second half of the day. He expressed shock at this…
The Maharashtra Real Estate Regulatory Authority MahaRERA has directed Marvel Realtors & Developers to apply for an extension to complete the Marvel Aquanas project and hand over…
On July 1, 2024, India implemented three new criminal laws: the Bharatiya Nyaya Sanhita BNS , Bharatiya Nagarik Suraksha Sanhita BNSS , and Bharatiya Sakshya Adhiniyam BSA . The…
In a recent case, the Delhi State Consumer Commission ruled on whether a person of sound mind, but unable to read and understand a document, could be bound by its terms. The…
SEBI has imposed a two-year market ban on 4W Wealth Management and its directors for illegally offering investment advisory services without registration. The ban follows an…
Rajya Sabha MP Wilson wrote to Srjun Ram Meghwal, urging him to halt the implementation of new criminal laws. Wilson highlighted concerns that the proposed changes could undermine…
SEBI has prohibited the proprietor of GN Traders from providing unauthorized investment advisory services. The regulator found that the individual offered stock advisory tips…
The Reserve Bank of India RBI has imposed a penalty of ₹29.60 lakh on HSBC Bank for non-compliance with regulations governing card operations. The penalty was levied after an…
SEBI has levied a fine of Rs. 37.5 crore on former executives of Kwality Ltd. for financial misrepresentation. The regulatory action follows investigations revealing that the…
Zomato, a leading food delivery and quick commerce company, has received a ₹9.5 crore tax demand notice from the Karnataka commercial tax authority, including interest and…
In June 2024, India’s gross GST collection reached ₹1.74 trillion, marking a 7.7% year-on-year growth, according to Business Standard. This growth rate is lower than the 12.4% and…
The Finance Ministry is considering increasing the standard deduction limit under the new tax regime, as reported by CNBC Awaaz. This potential change could be part of Finance…
Justice GR Swaminathan recently marked his seventh year as a judge by releasing a detailed performance report. The report highlights his significant contributions to the…
The Kerala High Court has launched a new platform allowing daily access to judgments, enhancing transparency and accessibility. This initiative aims to streamline the process of…
The Madras High Court has taken suo motu cognizance of the Kallakurichi hooch tragedy, where several deaths occurred due to consumption of illicit liquor. The court initiated…
The Karnataka High Court has granted bail to Advocate G. Devaraje Gowda in a case involving charges of rape and molestation. The court considered various factors, including the…
The Kolkata ITAT ruled that delayed deposit of employees’ PF contributions renders the deduction under Section 36 1 va of the Income Tax Act ineligible. Section 36 1 va requires…
In the first half of 2024, mergers and acquisitions M&A deal value declined by 9% to $38 billion, compared to $41.74 billion in the same period of 2023, marking the lowest level…
On July 1, 2024, India implemented three new criminal laws: the Bharatiya Nyaya Sanhita BNS , Bharatiya Nagarik Suraksha Sanhita BNSS , and Bharatiya Sakshya Adhiniyam BSA . The…
The Delhi Bench of the Income Tax Appellate Tribunal ITAT ruled that cooperative banks are considered cooperative societies engaged in banking business, making them eligible for…
Showing 50 of 42930 updates