AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI announced the results of an auction for State Government Securities, with a total of ₹18,100 crore being raised by various states. This move is an important part of states' financing strategies.
A new copyright amendment bill is reportedly on the horizon, but the lack of public consultation raises concerns among stakeholders. This situation highlights the need for transparency in legislative processes.
RBI's draft guidance outlines regulatory expectations for data governance, inviting public comments due by August 17, 2026.
The RBI has issued guidelines regarding the Foreign Liabilities and Assets (FLA) return filing, detailing the due date of 31 July 2026 and associated procedures.
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Third Amendment) Rules, 2026, concerning ITR-BN for Block Assessments in search and seizure cases effective from April 1, 2026.
The CBDT has notified the Income-tax (Third Amendment) Rules, 2026, concerning block assessments under the new Income Tax Act for search and seizure cases, effective from April 1, 2026.
The Madras High Court clarified that merely reflecting unutilised GST Input Tax Credit (ITC) in GSTR-2A/2B does not lead to tax imposition unless such credit is actually used.
A comprehensive guide detailing the taxation and compliance aspects of VDAs under the Income Tax Act, 2025. The document serves as an essential resource for legal practitioners dealing with virtual digital assets.
CESTAT Mumbai affirmed the classification of quicklime with less than 98% CaO under CTH 2522 10 00, allowing for the set aside of differential duties and penalties.
CESTAT Kolkata ruled that quicklime is classifiable under CTH 2522, leading to the set aside of duty demands and an order for refund with interest.
CESTAT has classified imported quicklime under CTH 2522 10 00, enabling the set aside of duty demands and affirming exemption benefits.
The Delhi High Court has upheld the confiscation of undeclared gold brought into the country, reaffirming the necessity for compliance with customs declaration requirements.
CESTAT Chandigarh ruled that a defective PSIC alone does not justify the confiscation of imported scrap materials, underscoring the need for substantial evidence of objectionable content.