High Court held that the Revenue itself had accepted the provision in earlier years and not disputed it even before the jurisdictional High Court in appeal for AY 2009-10. Since the provision was scientific and actually discharged, no substantial question of law arose.
The allegations surfaced that a syndicate was involved in importing multiple high-end cars in the names of foreign diplomats, evading duties, forging bills of entry, and subsequently selling the cars to unsuspecting buyers in India.
Allahabad High Court held that initiation of proceedings under section 74 of the Central Goods and Services Tax Act cannot be reason for provisional attachment. Accordingly, provisional attachment notices quashed due to lack of specific reasoning.
CBIC withdraws Circular No. 212/2024-GST; suppliers no longer need to follow the procedure for evidence of compliance under Section 15(3)(b)(ii).
ITAT Indore held that reopening of assessment done by Assessing Officer under section 147 of the Income Tax Act, based on tax audit report already available during original assessment, without any fresh and new material is invalid and liable to be quashed.
SEBI launches two initiatives”Validated UPI Handles” with the exclusive “@valid” suffix and the “SEBI Check” tool to help investors verify registered intermediaries and prevent fraud.
CBIC Notification 63/2025-Customs (NT) amends the 2022 notification, explicitly empowering officers at SN 6 and 7 with seizure powers under Section 110(1), (3), and (5) of the Customs Act.
CBIC Notification 62/2025-Customs (NT) appoints the NCTC-Pax head (DGARM) as Principal Commissioner/Commissioner with pan-India power to process PNR data.
NCLT Mumbai held that application under section 7 of the Insolvency and Bankruptcy Code, 2016 [IBC] filed by Vrushvik Entertainment Private Limited (Financial Creditor) for initiation of CIRP against Filoura Big Broadcasting Pvt. Ltd., (Corporate Debtor) admitted as debt and default proved.
Delhi High Court held that CLAT(PG) examination is conducted for purposes of making admission to Post Graduate courses and not for offering public employment. Accordingly, NHAI recruitment criteria on the merit in CLAT (PG) is legally untenable and hence quashed.
