AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Government of India has approved a ₹996 crore allocation to extend the Investment Promotion Scheme until 2030-31. This initiative aims to bolster the investment environment by targeting potential investors and enhancing project management support.
The ITAT ruled that a notice under Section 148 of the Income Tax Act, despite being dated earlier, is barred by limitation if it is signed and served beyond the prescribed period. This establishes the necessary timeliness in reassessment procedures.
The ITAT has ruled that purchases cannot be deemed bogus when there is a one-to-one correlation with corresponding sales, reinforcing the importance of substantiating transaction legitimacy.
The NCLAT has mandated Modi Lifecare to pay ₹63 lakh in admitted liability, clarifying that invoices are not essential under the Technical Guidance Agreement for proving operational debt.
The Calcutta High Court has ruled that the amended limitation period under Section 149 of the Income Tax Act applies retrospectively to reassessment proceedings. This decision aligns with the Supreme Court’s interpretation of statutory amendments.
The Indian government has approved ₹996 crore for the extension of the Investment Promotion Scheme until financial year 2030–31. This initiative aims to bolster the investment environment by targeting investors and enhancing outreach.
The Reserve Bank of India has released the data on India’s international trade in services for March 2026, showing trends in service exports and imports during the month.
The Reserve Bank of India has released its 46th Half-Yearly Report on the management of foreign exchange reserves as of end-March 2026, promoting transparency in the financial system.
The Indian government's fee waiver for sports-related intellectual property registrations prompts an examination of the implications for ownership and control in the sports sector.
The Delhi High Court granted an ex parte ad-interim injunction against the use of a lyric line claimed by Ivy Entertainment as a distinctive hook of a song. This decision underscores the application of copyright law in the context of popular culture and music.
The CESTAT Mumbai ruled that electronic evidence presented for a customs duty demand was insufficient under Section 138C requirements, quashing the demand.
India has levied an anti-dumping duty on Monoisopropylamine imports from China following evidence of price undercutting. This measure aims to bolster local manufacturing.
The Ministry of Finance has extended the anti-dumping duty implementation until November 2026 via new customs notification, reinforcing protective measures for domestic industries.