AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has imposed a monetary penalty of ₹6.20 lakh on Hinduja Leyland Finance Limited for non-compliance with directives on microfinance loan pricing and securitisation standards.
The Jan Vishwas Amendment to the Delivery of Books Act, 1956, modifies penalty provisions but falls short in fostering comprehensive reform of the legal deposit system.
The GSTAT in Bengaluru has remanded a dispute regarding ITC mismatch between GSTR-3B and GSTR-2A for fresh verification and personal hearing.
The Rajasthan High Court has emphasized the necessity of following mandatory requirements under Rule 86A prior to blocking Input Tax Credit (ITC).
The Rajasthan High Court has condoned the delay in a GST appeal based on medical reasons that were beyond the taxpayer's control.
The Madras High Court has upheld the negative blocking of the electronic credit ledger at the post-determination recovery stage under Section 79.
The GSTAT has upheld the validity of Electronic Gift Vouchers (EGVs) as a permissible transfer of GST benefits, mandating Sane Retails to deposit ₹10,241 into the Consumer Welfare Fund.
This article summarizes key ITAT cases reported during the week of 24 to 29 August 2026. Practitioners should review notable rulings critical for tax implications.
National Law University, Delhi has awarded Prof (Dr) Upendra Baxi the Lifetime Achievement Award on Teachers' Day. His contributions to legal education and scholarship are recognized through this accolade.
The Jan Vishwas Amendment modifies penalties under the Delivery of Books Act, aiming to reform outdated legal deposit provisions. The co-authored analysis critiques the effectiveness of these reforms.
The Telangana High Court dismissed an Income Tax Appeal (ITTA) due to the tax effect being lower than the CBDT's monetary limit of ₹10 lakh. This reinforces strict adherence to CBDT guidelines on the maintainability of tax appeals.
The ITAT Jodhpur has ruled that the addition of ₹48.09 lakh by the Revenue based on the nature of BSNL trade discounts cannot be determined solely from Form 26AS. This decision highlights the importance of careful analysis in classification of income.
The Delhi High Court ruled that the absence of a written show-cause notice does not automatically entitle the release of seized gold bars. The ruling reinforces the need for proper substance in customs proceedings.