News & Judgements

The article presents a roundup: PhysicsWallah facing teacher attrition, DeHaat posting mixed FY25 results, and other startup developments. It analyses challenges in scaling edtech…

Headnote The Kerala High Court set aside a preventive detention order passed under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988…

The advent of Artificial Intelligence AI has ushered in transformative changes across various sectors, including the realm of Intellectual Property IP . In India, the existing…

The Delhi High Court ruled that FIRC documents need not match transaction-wise for ITC claims, as long as total benefits are supported by foreign remittances. The judgment…

The Madras High Court examined whether freight charged separately by a seller forms part of the “sale price” for levy under the Tamil Nadu General Sales Tax Act where the seller…

The CESTAT held that service tax paid by mistake on residential construction should be treated as a revenue deposit, directing refund with 12% interest, protecting taxpayers from…

The Supreme Court dismissed a delayed SLP challenging a Bombay HC order that had refused a revenue claim citing NCLT’s resolution plan approval, reiterating timelines and finality…

The Madras High Court ruled that a dealer’s voluntary admission of turnover suppression in sales tax holds strong evidentiary value and cannot be retracted without proof,…

The NCLT clarified that its discretionary powers under IBC cannot be exercised to compel financial creditors to consider settlement, reinforcing creditor autonomy within…

The Delhi High Court held that appeals involving taxability or valuation disputes under Section 35L of the Central Excise Act should be filed directly before the Supreme Court,…

The Calcutta High Court directed reactivation of a company’s GST portal after inactivity blocked its appeal process, ensuring access to justice and fair procedure.

The Punjab & Haryana HC granted conditional bail in a case involving forged signatures of a GST Commissioner to facilitate fraudulent credit withdrawal. The matter reflects the…

The ITAT quashed revision under Section 263, granting relief to a Zydus diabetologist on income tax deduction for political donations. The Tribunal found that the AO had conducted…

The CESTAT quashed a ₹877.6 lakh service tax demand on mutual fund investments, ruling the activity does not qualify as trading of goods under the Finance Act. The decision…

The government has imposed 18% GST on Swiggy’s ₹25 rain fee, sparking consumer criticism. The report highlights concerns around the legality of such surcharges and the broader…

The Supreme Court upheld the ITAT’s and High Court’s approach denying condonation of delay in filing an appeal where the assessee’s delay resulted from gross negligence and…

The Delhi High Court allowed appeals in cases involving overlapping GST demands linked to fictitious ITC claims, provided taxpayers make the requisite pre-deposit. The Court…

Kapiva raised $60 million in Series D funding, marking the exit of Fireside Ventures. The round will support international expansion, scaling supply chains, and strengthening its…

HOCCO, a Gujarat-based ice cream brand, raised ₹115 crore at a valuation of ₹2,000 crore. The funding will help expand distribution, innovate product lines, and strengthen its…

WeWork India announced plans to launch a ₹3,000 crore IPO on October 3, aiming to reduce debt and fuel expansion. The IPO reflects rising investor interest in flexible workspace…

Petpooja, a restaurant management SaaS platform, raised $155 million in Series C funding at over 3x its previous valuation. The capital will be deployed to expand its automation…

Plum, a D2C beauty brand, achieved a ₹25 crore PAT in FY25, marking a turnaround from earlier losses. The profitability stems from strong demand, channel expansion, and…

This piece inspects real invoices pre- and post-GST 2.0 from D-Mart showing pricing adjustments for Sunfeast Marie packets following the GST re-rate to 5% 2.5% CGST + 2.5% SGST .…

The CESTAT Tribunal ruled that liquidated damages/penalty clauses in commercial contracts — imposed as compensation for breach or delay — do not constitute a declared service…

The Delhi High Court held that the Assessing Officer cannot import the “bright-line test” as a substitute for statutory transfer-pricing methodology to make AMP advertising,…

Headnote : The Kerala High Court upheld the preventive detention of a habitual offender under the Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act,…

DeHaat posted a profit of INR 369 crore for FY25, mainly driven by non-cash gains. While the performance indicates growth, reliance on non-cash gains raises questions regarding…

The Supreme Court clarified that under Section 37 of the Provincial Insolvency Act, only valid sales executed during insolvency proceedings are protected even after the annulment…

The Supreme Court refused to interfere with the Telangana government’s decision barring advocates from other states from being appointed as district judges. While petitioners had…

The Supreme Court quashed a criminal case filed by a wife against her in-laws alleging domestic cruelty and mental torture. The Court found that the FIR and complaint were vague,…

Supreme Court Justice PS Narasimha observed that judges must exercise restraint in public commentary even after retirement, particularly in the age of social media. Public…

The Karnataka High Court ruled that foreign firms cannot claim the free speech rights available to Indian citizens under Article 19 of the Constitution. In the X Corp case, the…

Justice Surya Kant, speaking at the 2nd National Mediation Conference, emphasized that the true measure of justice lies not merely in verdicts but in the peace and resolution they…

The Kerala High Court directed the state government to declare snakebite a notifiable disease, mandating systematic reporting to health authorities. The Court emphasized that…

The Supreme Court ruled that clubbing of FIRs arising from different transactions in multiple states is impermissible. FIRs can only be clubbed if they arise from the same…

The article examines the functioning of CIBIL and its impact on individuals’ financial lives. It raises concerns about transparency, accuracy, and governance of credit scoring,…

The Customs, Excise, and Service Tax Appellate Tribunal CESTAT ruled that income from freight trading, discounts, and reimbursements is not taxable as a service under Indian tax…

Invoice-wise reporting in Form GSTR-7 is now live on the GST portal from September 2025. The feature improves compliance, reporting accuracy, and transparency for taxpayers,…

The ITAT held that disallowance of warranty provisions under Section 37 1 of the Income Tax Act is debatable and beyond the scope of rectification under Section 154. The ruling…

The ITAT deleted an addition under Section 68 concerning accommodation entry share sales, finding the actual profit was only INR 5 lakh. The decision highlights the necessity of…

NCLAT rejected an appeal seeking condonation of a 17-day delay, exceeding the 15-day limit under Section 612 of the IBC. The judgment underscores the importance of strict…

The ITAT directed the Assessing Officer to grant TDS credit of INR 9.04 crore, finding no mismatch with Form 26AS. The ruling clarifies the correct procedure for allocating tax…

The RBI notified a standardized procedure for settlement of claims of deceased bank customers. The process provides clarity, reduces delays, ensures timely disbursement to…

The Supreme Court upheld the Allahabad High Court ruling that resale of used, refined mobil oil after cleaning is not subject to trade tax as it does not constitute a manufactured…

The article explains the Google Tax and equalization levy on digital transactions in India, detailing its applicability to foreign digital service providers. It highlights the…

National Fertilizers Ltd received a GST demand for alleged wrongful ITC refunds. The case underscores the importance of compliance with GST provisions, accurate documentation, and…

The CBDT issued a Digital Evidence Manual empowering tax officials to trace offshore servers and AI data. The manual strengthens investigative and enforcement capabilities,…

The Supreme Court dismissed an SLP challenging reopening of assessment for excess depreciation claims, citing insufficient justification for delay. The judgment reinforces…

The ITAT ruled that advance income from AMC contracts is not fully taxable on invoicing. HP India received proportionate TDS credit, reaffirming consistency in accounting methods.…

The ITAT upheld Section 10A income tax exemption for software exports and foreign exchange fluctuation gains. The ruling validates incentives for IT exports, encourages compliance…