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The Delhi High Court initiated criminal contempt proceedings against a lawyer for publicly alleging large-scale corruption in the judiciary. The Court held that such…
The Supreme Court ruled that trial courts cannot take cognizance of offences absent in the chargesheet merely on the basis of a private witness’s affidavit. The Court reiterated…
The Punjab & Haryana High Court constituted a committee, including sitting judges, for comprehensive planning of High Court building expansion. The committee will assess current…
The ITAT Delhi bench quashed a ₹549 crore tax demand against Microsoft India by holding the final assessment order invalid as it was issued beyond the statutory time-limit under…
The government has proposed a scheme to provide exporters with 90% upfront GST refund to address liquidity challenges. The article highlights procedural and legal hurdles delaying…
A special CBI court sentenced two Income Tax officials to four years imprisonment for accepting a bribe of Rs 15 lakh. The case highlights the government’s strict stance against…
The Finance Ministry’s Monthly Economic Review highlights that recent GST reforms are expected to positively impact India’s economy by easing inflationary pressures and improving…
CAclubIndia covers ICAI’s publication of the Income-Tax Act, 2025 bare act edition summarising key structural reforms and stakeholder inputs incorporated into the new statute. The…
The Karnataka High Court rejected a bail plea of a man accused of facilitating the rape of a 19-year-old woman. The Court considered the gravity of the offence, the role of the…
The Punjab & Haryana High Court held that the State, as an employer, must act as a constitutional model and cannot force employees to sign undertakings that waive statutory rights…
The Andhra Pradesh High Court quashed the 2022 seniority list of District Judges which had rearranged appointees from the same recruitment year based solely on differing dates of…
CAclubIndia reports that a Chartered Accounting firm secured a high-profile statutory audit assignment by quoting a token fee of Re 1, triggering widespread debate on audit…
The CESTAT ruled in favour of Suzuki Motors by holding that expenses relating to pre-delivery inspection PDI and certain after-sale services do not form part of the assessable…
In a matter involving major telecom operators e.g., Bharti/Airtel , the CESTAT allowed CENVAT/credit on towers and shelters by treating them as capital goods/inputs eligible for…
The CESTAT set aside a service-tax demand on the Kolkata Port Trust by holding that lease rentals/estate rent received prior to 1 June 2007 did not fall within the statutory…
The Supreme Court sustained the Karnataka High Court’s conclusion that interconnect service payments between telecom operators do not constitute “royalty” under the Income-tax…
The Reserve Bank of India RBI , in consultation with Government of India, fixed the Ways and Means Advances WMA ceiling for the second half of FY 2025-26 October 2025–March 2026 .…
This article outlines legislative and policy changes proposed and debated to replace archaic colonial era port laws with a modern Indian Ports Act aimed at creating an integrated…
The Customs, Excise & Service Tax Appellate Tribunal CESTAT held that where a pre-deposit paid by an appellant is ordered to be refunded after a successful litigation outcome,…
The CESTAT Chennai remanded a customs penalty dispute under Section 114A concerning alleged misdeclaration of fabric composition and value. The Tribunal found that the…
The GST department discovered turnover suppression of Rs 127.46 crore in bar hotels, highlighting gaps in reporting and compliance within the hospitality sector. The article…
Processed food manufacturers have welcomed recent GST rate reductions and pledged to pass on the benefits to consumers through lower prices and enhanced product offerings. The…
The Directorate General of Foreign Trade DGFT has proposed an inventory-based e-commerce export model to enhance global trade for MSMEs. The new framework aims to simplify…
Zaggle announced plans to acquire Greenedge Enterprises, a golf-centric rewards and loyalty platform, for around INR 25 crore. The acquisition, funded through Zaggle’s QIP…
The Punjab & Haryana High Court held that the State, as an employer, must act as a constitutional model and cannot force employees to sign undertakings that waive statutory rights…
The Andhra Pradesh High Court quashed the 2022 seniority list of District Judges which had rearranged appointees from the same recruitment year based solely on differing dates of…
The Himachal Pradesh High Court ruled that a sub-tenant who cannot prove direct tenancy with the landlord’s predecessor-in-interest is bound by eviction orders against the…
The Punjab & Haryana High Court constituted a committee, including sitting judges, for comprehensive planning of High Court building expansion. The committee will assess current…
The Punjab & Haryana High Court dismissed a public interest petition seeking strict action against TV news channels accused of hosting debates with communal overtones. The Court…
The Karnataka High Court rejected a bail plea of a man accused of facilitating the rape of a 19-year-old woman. The Court considered the gravity of the offence, the role of the…
The Bombay High Court issued notice on a petition by a filmmaker challenging the CBFC’s objection to character names ‘Janki & Raghuram’ in a movie. The petitioner argued that such…
The article covers the appointment of Sangeeta Rai as a dispute resolution partner at OON Bazul. It highlights her professional background, expertise in litigation and…
The Delhi High Court granted interim relief to Crocs in a trademark dispute against Croose, restraining the latter from using deceptively similar branding. The Court highlighted…
The article reports that X Corp formerly Twitter intends to appeal against a Karnataka High Court decision upholding the Union Government’s Sahyog portal, which empowers agencies…
The Delhi High Court initiated criminal contempt proceedings against a lawyer for publicly alleging large-scale corruption in the judiciary. The Court held that such…
The Supreme Court ruled that trial courts cannot take cognizance of offences absent in the chargesheet merely on the basis of a private witness’s affidavit. The Court reiterated…
The Bar Council of India BCI committee, chaired by Cyril Shroff, has submitted its report on entry of foreign law firms into India. The report recommends a phased approach: an…
YouTube has launched a pilot premium subscription at ₹89/month in India, offering ad-free viewing and other features at a highly competitive price. The plan targets…
Freecharge, once a leading fintech player, reported a 35% revenue decline in FY25, slipping into a loss of ₹42 crore. The report highlights challenges in sustaining growth amidst…
Unacademy reported an income of ₹826 crore in FY25 and narrowed its EBITDA losses by 38%. The edtech major’s performance reflects improved operational efficiency and cost…
Recur Club, a debt marketplace platform, raised $50 million to expand its operations, scale technology, and enhance financing products. The funding will help deepen its presence…
Petpooja, a restaurant automation SaaS platform, raised INR 137 crore to expand its operations and enhance its product suite. The funding will support development in POS systems,…
Spinny, an online used-car marketplace, cut its FY25 losses by 28% to INR 424 crore, driven by higher revenues and cost optimisation. The article provides insights into Spinny’s…
The Karnataka High Court rejected X Corp’s challenge to the Centre’s content-blocking orders, upholding the government’s authority to regulate online platforms under statutory…
DroneAcharya’s shares fell over 6% following H2 losses and news of a SEBI probe. The article highlights financial underperformance, investor concerns, and regulatory risks for the…
The Central Government unveiled guidelines for setting up 72,000 EV charging stations under the PM e-Drive scheme. The framework provides subsidies, eligibility norms, and…
HOCCO, a consumer-focused ice cream brand, raised INR 115 crore at a valuation of about INR 2,000 crore. The funding will support expansion, product innovation, and market…
Kapiva, a D2C Ayurveda startup, secured $60 million in Series D funding to support global expansion, product innovation, and distribution scaling. The round, led by notable…
WeWork India, preparing for an IPO, reduced its Q1 loss by 51% to INR 14.1 crore. The article notes revenue growth, improved cost efficiency, and investor optimism ahead of the…
WeWork India announced its IPO opening with a price band of INR 615–648 per share. The article covers market positioning, company performance, valuation expectations, and investor…
The Delhi High Court initiated criminal contempt proceedings against a lawyer for publicly alleging large-scale corruption in the judiciary. The Court held that such…
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