AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The latest SpicyIP Weekly Review summarizes significant developments in intellectual property law from August 10 to August 16. Notable cases include the Delhi High Court’s ruling in Saregama v. Ilaiyaraaja and clarifications on Section 3(m) examinations.
The Telangana High Court has permitted a fresh application for GST registration revocation after a cancellation due to non-filing of returns.
The legal landscape of Put Options under the Foreign Exchange Management Act (FEMA) is evolving, particularly concerning their enforcement and the need for RBI approval.
The ICAI held that derogatory remarks made by a chartered accountant concerning the Finance Minister over ITR portal glitches were inappropriate but did not constitute misconduct. The ruling reaffirmed the balance between freedom of speech and professional ethics.
This week's ITAT round-up covers significant cases and decisions impacting income tax law.
The RBI has released the results of a Conversion/Switch auction, detailing the offers and amounts accepted for various government securities.
This week’s review highlights several key developments in IP law, including the Delhi High Court's ruling in *Saregama v. Ilaiyaraaja* and new guidelines under Section 3(m). Legal professionals can glean critical insights for ongoing and future cases.
The Maharashtra Government has allocated 75 acres of land and approved 495 permanent staff positions for the Kolhapur circuit bench of the Bombay High Court. This development aims to enhance judicial capacity in the region.
The Gujarat High Court has ruled to allow a delay in Form 10 filing for AY 2016-17, highlighting that the first-time e-filing oversight warrants condonation. This decision emphasizes the court's approach towards leniency for procedural errors in tax compliance.
The Pune ITAT has granted a reduction of ₹5 lakh from the ₹13.76 lakh addition due to cash deposits under Section 69A, rejecting the taxpayer's peak-credit theory for lack of evidence. This decision emphasizes the necessity of substantiation in tax claims.
The Kerala High Court has ruled that delays in filing a rectification application do not provide sufficient grounds to deny a taxpayer's entitlement to Input Tax Credit (ITC), affirming taxpayer rights under the GST regime.
The NCLT has appointed a new liquidator following the death of the predecessor, ensuring that the liquidation proceedings continue without disruption. This decision follows a unanimous resolution by the lenders.
The Central Government has revised central excise duties on petrol, diesel, and ATF exports, effective August 15, reducing the Special Additional Excise Duty on ATF exports. These changes can impact exporters significantly.