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Archive: 04 March 2025

Posts in 04 March 2025

CGST Section 74 Jurisdiction Invalid Without Allegations of Suppression: Allahabad HC

March 4, 2025 4578 Views 0 comment Print

Allahabad High Court quashes GST demand for interest & penalty, ruling Section 74 inapplicable due to lack of fraud or suppression allegations. Read judgment details.

Partner’s Contribution Becomes Firm’s Property Under Partnership Act: SC

March 4, 2025 3522 Views 0 comment Print

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.

SC Grants 8% Interest on Lost E-Stamp paper Refund, Citing Retention Doctrine

March 4, 2025 897 Views 0 comment Print

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 Suspends IP for Two Years for Filing Lapses and Valuation Errors

March 4, 2025 843 Views 0 comment Print

IBBI investigates liquidator for not filing claim, misleading valuation statement in Uniply Industries Ltd. case, disciplinary action considered.

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