AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Bombay High Court clarifies the relationship between disobedience of court orders and the consequences that follow in KVIC v. Jaishukh N. Bhuta.
The ITAT Delhi has struck down a Section 263 revision against Mukul Rohatgi, citing lack of jurisdiction by the PCIT and a plausible ALV view by the AO.
The ITAT Rajkot quashed the reassessment for AY 2020-21 and deleted a ₹5.40 crore addition due to defective sanction and lack of nexus.
The SAFEMA Tribunal upheld a ₹8.28 lakh PMLA attachment, determining that merely claiming victimhood without supporting bank statements is insufficient to challenge the attachment.
The Food Safety and Standards Act, 2006 sets the legislative framework for food safety regulations in India. It emphasizes a science-based, risk-proportionate approach to ensure public welfare in food manufacturing and distribution.
Karnataka Home Minister Priyank Kharge and Mohammed Nalapad were granted bail by a Bengaluru court in a defamation complaint against RSS. The court classified the alleged offence as bailable.
The ITAT has ruled that a delay in submitting Form 3CL cannot deny a research and development deduction of ₹3.97 crores, remanding the assessment of a ₹39.66 crore loss for further verification.
The Kerala High Court has dismissed AVT McCormick's claim for a refund of Rs. 49.54 lakhs citing failure to establish transitional Input Tax Credit claims.
Karnataka High Court has authorized the sale of seized goods under Section 129(6) of the KSGST Act, contingent upon the owner's failure to pursue appellate remedies.
The Karnataka High Court has affirmed that hydraulic oil qualifies as a taxable petroleum product under state tax provisions, which has significant implications for businesses dealing with such commodities.
The Income Tax Appellate Tribunal has restricted a Rs. 1.80 crore addition under Section 68 for a hospital during the demonetisation period to a maximum of Rs. 5 lakh, citing insufficient evidence for the larger claim.
The CESTAT Chennai has upheld the reclassification of Lauric Acid under CTH 29159090, denying the claimed customs exemption. This decision highlights the importance of accurate classification in customs matters.
SEBI has proposed to exempt eligible listed issuers from needing to appoint a merchant banker for small-value debt private placements of Rs. 10,000.