FeaturedAndhra Pradesh HC Rules Secured Creditor's Charge Prevails Over GST Recovery
The Andhra Pradesh High Court ruled that secured creditor's claims take precedence over GST department recoveries, setting a significant precedent.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Andhra Pradesh High Court ruled that secured creditor's claims take precedence over GST department recoveries, setting a significant precedent.
The GST Appellate Tribunal has upheld the anti-profiteering report's findings and directed Emaar to provide a significant ITC benefit of ₹67.32 lakh to homebuyers, with interest, while declining to impose a penalty.
The proposed Draft FEMA Foreign Investment Rules, 2026 aims to establish a new framework for foreign direct investment (FDI) and introduce an overseas listing scheme. The public is invited to comment by August 31, 2026.
The draft FEMA Foreign Investment Rules, 2026 propose a comprehensive new framework for foreign direct investment (FDI) including an overseas listing scheme and regulatory definitions.
The Supreme Court has clarified the nature of Section 26(1) proceedings under the Competition Act and the appealability of CCI directions. This ruling sets important parameters regarding notice requirements and the statutory framework governing the act.
FeaturedThe Supreme Court upheld a service tax demand of Rs. 16.6 crore against BPCL and HPCL for their roles as commission agents for Mahanagar Gas Ltd. in CNG sales.
FeaturedThe Supreme Court upheld a service tax demand of Rs. 16.6 crore against BPCL and HPCL, determining that both companies acted as commission agents for Mahanagar Gas Ltd. The commission earned on the sale of CNG is thus subject to service tax.
FeaturedThe Andhra Pradesh HC rules that delayed income tax refund claims cannot be denied based on a 6-year limit set by CBDT Circular No. 9/2015.
FeaturedThe ITAT has quashed a CPC intimation disallowing ₹61.35 lakh contributions towards PF/ESI, pending resolution by the Supreme Court.
FeaturedThe ITAT invalidated reassessment proceedings for Global Cricket Corporation citing the absence of mandatory notice under Section 143(2) of the Income Tax Act. This establishes the importance of adherence to procedural norms.
FeaturedThe ITAT has ruled that reassessment proceedings initiated after three years are invalid due to improper sanction under Section 151(1). This highlights compliance issues related to procedural guidelines in tax reassessments.
FeaturedThe ITAT quashed a reassessment order against PVR Engineering, citing the denial of cross-examination as a violation of natural justice. This ruling highlights the importance of allowing taxpayers the opportunity to contest incriminating statements.