Allahabad High Court quashes GST demand for interest & penalty, ruling Section 74 inapplicable due to lack of fraud or suppression allegations. Read judgment details.
Supreme Court affirms that property contributed to a partnership firm becomes firm property, denying exclusive rights to legal heirs. Read the full judgment details here.
The Supreme Court ruled that interest at 8% p.a. must be paid on refunded e-stamp duty, reinforcing the doctrine of undue retention. Read about the key legal precedents.
IBBI investigates liquidator for not filing claim, misleading valuation statement in Uniply Industries Ltd. case, disciplinary action considered.