ITATtax
ITAT Restores NFAC Appeal on Unexplained Expenditure
The ITAT directed NFAC to provide a final opportunity for the assessee to justify claims of unexplained expenditure and cash credits totalling ₹2.35 crore.
May 14, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Latest Articles
CESTATtax
CESTAT Allows Appeal on Valuation of Plastic Bottle Caps
The CESTAT ruled that the valuation of plastic bottle caps should not follow Rule 8's provisions as the caps were used by the principal manufacturer, Marico.
May 14, 2026Read more →
Reserve Bank of Indiabankingcorporate
Auction of Treasury Bills
The Reserve Bank of India has announced the auction of various Government of India Treasury Bills, with significant amounts for 91-day, 182-day, and 364-day maturities.
May 14, 2026Read more →
Reserve Bank of Indiabanking
Lending and Deposit Rates of Scheduled Commercial Banks – April 2026
The Reserve Bank of India has published data on lending and deposit rates for scheduled commercial banks for April 2026, indicating trends in the banking sector.
May 14, 2026Read more →
Reserve Bank of Indiabankingcorporate
Final Redemption of Sovereign Gold Bond Scheme
The Reserve Bank of India has announced the final redemption details for the Sovereign Gold Bond 2018-19 Series-I scheme, effective May 4, 2026.
May 14, 2026Read more →
Delhi High Courtintellectual_property
Castrol v Sonavane: Procedural Nuances under Order II Rule 2
The Delhi High Court's ruling in Castrol v. Sonavane examines the complexities of procedural rules concerning IP disputes, particularly focusing on the application of Order II Rule 2.
May 14, 2026Read more →
N/Aintellectual_property
The $1 Oscar: Legal Implications of Ownership
An exploration of the Oscar statuette’s ownership reveals complexities at the intersection of contract, property, and IP law, questioning the legal perception of tangible assets.
May 14, 2026Read more →
N/Aintellectual_property
The Met Gala: A Tribute or Appropriation of Craft?
This year's Met Gala showcased Indian craftsmanship, igniting debates about cultural appropriation and the rights of artisans. The event reveals underlying issues in fashion's engagement with traditional crafts.
May 14, 2026Read more →
Calcutta High Courtintellectual_property
Calcutta HC Reinforces Authors' Copyright Rights
The Calcutta High Court affirms the economic rights of authors within sound recordings, emphasizing their continuing rights despite the embedding of their works in multimedia.
May 14, 2026Read more →
SEBIcorporatesecurities
SEBI Allows Pledged Shares for ESOP Funding During Trading Window Closure
SEBI clarified that invoking pledged shares for Employee Stock Option Plans (ESOP) during a closure period may be considered valid, aligning it with regular trading transactions.
May 14, 2026Read more →
SEBIcorporatefinancial_services
SEBI Proposes Faster AIF Scheme Launches Through GARUDA Mechanism
With the GARUDA mechanism, SEBI aims to streamline AIF scheme launches, reducing timelines significantly to improve the ease of doing business while maintaining oversight.
May 14, 2026Read more →
SEBIfinancial_servicescorporate
SEBI Proposes Phased Physical Settlement in Agricultural Commodity Derivatives
SEBI's proposal aims to transition agricultural derivatives to physical settlement through objective triggers, aspiring to enhance transparency and market integrity.
May 14, 2026Read more →
SEBIfinancial_servicescorporate
SEBI Proposes Cap on Commodity Derivatives Penalties
In response to concerns about excessive penalties, SEBI has proposed a cap on fines for breaches of position limits in commodity derivatives trading.
May 14, 2026Read more →