AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
FeaturedThe Gujarat High Court quashed a remand order issued by CESTAT, instructing the Tribunal to decide the appeal on merits within four months due to clarity issues in the previous ruling.
FeaturedThe National Stock Exchange's upcoming IPO is not just a financial event but a critical governance test. The offering aims to assess market pricing of a significant institution.
FeaturedThe Supreme Court affirmed the constitutional validity of Section 16(2)(c) of the CGST Act, determining that Input Tax Credit (ITC) can only be claimed if the supplier has paid the corresponding GST to the government, supporting the Gujarat High Court's ruling.
FeaturedThe recent FEMA reforms aim to simplify processes related to Foreign Direct Investment (FDI), Overseas Direct Investment (ODI), and External Commercial Borrowing (ECB), facilitating better compliance frameworks for businesses. This initiative reflects an effort to encourage foreign investments.
FeaturedThe draft FEMA Foreign Investment Rules, 2026 propose a comprehensive framework for foreign direct investment (FDI) along with an overseas listing scheme. These changes aim to simplify regulatory requirements and enhance investment opportunities.
FeaturedIn a recent judgment, the Delhi High Court quashed an Income Tax Order after finding it relied on non-existent case citations, highlighting the robust requirement for credible legal references in tax adjudication.
FeaturedThe Andhra Pradesh High Court ruled that secured creditor's claims take precedence over GST department recoveries, setting a significant precedent.
FeaturedThe 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.
FeaturedThe 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.
FeaturedThe draft FEMA Foreign Investment Rules, 2026 propose a comprehensive new framework for foreign direct investment (FDI) including an overseas listing scheme and regulatory definitions.
FeaturedThe 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.