Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI conducted a Variable Rate Repo auction, allotting ₹36,300 crore at a cut-off rate of 5.26%. This reflects current liquidity conditions.
A roundup of significant IP events and opportunities, featuring highlights from the Open Source Hardware Association and other key initiatives in intellectual property.
The SpicyIP Summer School 2026 is set to kick off, focusing on the 'Pharma Stack' and expansive IP strategies. Participants will engage in new analytical methods and explore various domains critical to intellectual property law.
The Telangana High Court upheld the validity of a GST registration cancellation notice based on the taxpayer's detailed response.
The Allahabad High Court denied a recall plea, affirming its previous judgment due to lack of valid grounds.
The Bombay High Court ruled that recovery proceedings are invalid while the statutory period to file a GST appeal is still available.
The Andhra Pradesh High Court ruled that an unsigned GST assessment order is invalid, remanding the matter for fresh adjudication contingent upon a 20% tax deposit.
The ITAT has remanded ₹30 Lakh and ₹10.83 Lakh additions back to the Assessing Officer for reconsideration of property sale gains. The Tribunal emphasized proper evaluation of purchase costs.
The ITAT accepted an accountant's medical emergency as sufficient cause for delay in evidence submission, setting aside corresponding capital additions and directing fresh verification.
The Ministry of Corporate Affairs (MCA) has announced deadline relief for name reservations and E-Form resubmissions due to a recent data centre fire, allowing companies to resubmit on a case-by-case basis.
The ITAT accepted an accountant's medical emergency as a valid reason for the delay in submitting evidence and has remanded the case for fresh adjudication.
The RBI has published the minutes of the Monetary Policy Committee meeting held from June 3 to 5, 2026.