Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Income Tax Appellate Tribunal (ITAT) has issued critical rulings from 9 to 16 May 2026, including significant interpretations of tax provisions. Key takeaways include rulings on depreciation of goodwill and the application of Section 45(5A).
The RBI has issued new directions concerning the disbursement of government pensions through agency banks. This framework aims to streamline pension payments and outlines the responsibilities of agency banks in implementing these directives.
The Reserve Bank of India has issued new directions regarding the conduct of government business by agency banks. These guidelines detail the payment of agency commission and the oversight responsibilities of agency banks in managing these transactions.
The RBI has announced auctions for various treasury bills, crucial for government financing and liquidity management.
The RBI has published the monthly data on India’s international trade in services for March 2026, outlining significant receipts and payments.
The RBI has released data regarding lending and deposit rates for scheduled commercial banks for April 2026, showing marginal changes in rates.
The RBI has announced an auction for state government securities, aiming to raise ₹18,600 Crore across multiple states.
The Reserve Bank of India has released its weekly statistical bulletin detailing liabilities and assets as of April 2026. The bulletin provides insights into the financial status of the central bank during this period.
Advocate Rohit Sud has been elected as the President of the Punjab and Haryana High Court Bar Association after a competitive election. Sud won the presidency with a margin of 96 votes.
The Tamil Nadu government has appointed Senior Advocates PV Balasubramaniam, T Gowthaman, and R John Sathyan as counsel for the state, enhancing legal representation before the Madras High Court.
DSK Legal has launched its Chennai office with a 25-member team, including three partners from Chugh Universal Legal. This expansion enhances their corporate and real estate practices in South India.
The Directorate General of Foreign Trade (DGFT) has extended the validity of ad-hoc norms for advance authorisations until March 2028, offering exporters continued flexibility with conditions on restricted items.