AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Justice Suvra Ghosh of the Calcutta High Court recused herself from a case following allegations of an attempted unauthorized access of court records by a lawyer associated with a Trinamool Congress leader.
The latest article delves into the Data Protection Development Act's (DPDP) execution, focusing on fiduciary responsibilities and data protection standards.
NCLT Ahmedabad has sanctioned the amalgamation scheme between Triumph Offshore and Swan Defence, ensuring statutory compliance and safeguarding authorities' rights. This decision aligns with corporate restructuring practices in the industry.
NCLT Delhi has sanctioned the capital reduction and reorganisation scheme for Western UP Tollway under Sections 230-232 of the Companies Act. The approval is subject to statutory compliance and aims to streamline the company’s financial structure.
Shri Somanath Sreedhara Panicker and Shri Anand Gopal Mahindra have been appointed as part-time Non-official Directors on the Central Board of Reserve Bank of India, effective August 20, 2026.
The Reserve Bank of India has released details for the premature redemption of Sovereign Gold Bonds (SGBs) for the period of October 2026 to March 2027. Investors can redeem their bonds early, subject to existing guidelines.
The CGPDTM has released two notifications regarding updates to the Patent and Trademark office manuals, requesting stakeholder feedback on the Draft Manual of Patent Office (Practice & Procedure), 2026, for a 30-day period, and the Draft Manual of Trademark Office (Practice & Procedure), 2026, for 15 days.
The Karnataka High Court has upheld the dismissal of an appeal under the RERA Act, ruling that promoters cannot modify their defense using new materials at the review stage.
The ITAT ruled that profits from the sale of Transferable Development Rights (TDR) are taxable as capital gains when existing land is surrendered. This clarifies the taxation process as per Section 45.
The ITAT quashed an assessment order due to mechanical approval granted under Section 153D of the Income Tax Act. This ruling highlights the need for thorough scrutiny in tax approvals.
The ITAT ruled that filing a return in response to a Section 148 notice does not automatically attract penalties under Section 271(1)(c) if reasonable cause exists for the delay. This ruling clarifies that reasonable circumstances must be considered in penalty assessments.
CESTAT has reinstated an appeal by SBI, allowing it to present merits after fulfilling the mandatory pre-deposit requirement during ongoing proceedings. This decision emphasizes the importance of compliance with procedural requisites.
The Income Tax Appellate Tribunal (ITAT) ruled that income disclosed after receiving a notice under Section 148 does not attract deemed concealment where reasonable cause exists for the late filing. This decision clarifies the standards for imposing penalties under tax law.