AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI released the results for the State Government Securities auction conducted on July 28, 2026, showcasing a total notified amount of ₹4,600 crore. Various states, including Andhra Pradesh and Gujarat, participated with different tenor securities.
Discussion surfaces regarding potential amendments to copyright law without public consultations, raising concerns about the democratic process. Stakeholders are urged to remain vigilant due to the lack of transparency in legislative approaches.
This article explores the limits of copyright concerning foundational elements of communication, such as alphabets and languages. It revisits a government opinion from 1958 and questions whether current laws can safeguard the basic tools of expression.
Union Minister Nitin Gadkari has filed a lawsuit against Meta, X (formerly Twitter), and Google to remove defamatory content linking him to corruption allegations regarding the E20 fuel program.
The Kerala High Court ruled that a pillion rider injured in a motorcycle accident is entitled to compensation despite the rider's negligence. The court emphasized that innocent guests cannot be held responsible.
The Punjab and Haryana High Court ruled that insolvency proceedings do not exempt directors from prosecution under Section 138 of the NI Act for cheque bounce cases. The court dismissed a petition seeking immunity for directors.
The Madras High Court clarified that while DEPB licenses qualify as 'goods,' they are not automatically entitled to Input Tax Credit (ITC) under the Tamil Nadu Value Added Tax Act. This decision highlights the necessity of satisfying statutory eligibility criteria.
The Institute of Chartered Accountants of India (ICAI) has extended the deadline for the transfer of goodwill associated with deceased CA members' proprietary firms from one year to three years. This amendment aims to provide more flexibility for the firms navigating the transfer process.
A new comprehensive guide detailing the taxation and compliance requirements for Virtual Digital Assets (VDAs) under the Income Tax Act, 2025, has been released for practitioners and stakeholders.
The Delhi High Court has upheld the Income Tax Department's addition of unexplained income related to four 24-carat gold bars found in a locker, which could not be justified by the explanation of customary family jewellery.
The Delhi High Court ruled that claiming customary family jewellery does not account for the presence of unexplained gold bars, affirming the Income Tax addition.
The Delhi High Court upheld a conviction under Section 138 of the Negotiable Instruments Act, stating that an unsupported claim regarding a blank cheque does not negate statutory presumptions.
The RBI has issued Second Amendment Directions for Small Finance Banks, updating protocols on income recognition and asset classification.