Learn what a digital arrest scam is, how scammers trick victims with fake legal threats, and key steps to protect yourself, secure data, and avoid online fraud.
Gujarat High Court granted anticipatory bail to a Chartered Accountant accused of alleged GST evasion, holding that custodial interrogation was unnecessary and liberty must be protected.
Offence report under Regulation 17(1) Customs Brokers Licensing Regulations, 2018, need not necessarily have a penal connotation. COC had miserably failed to discharge the obligation cast on him to show that the impugned action was initiated within a period of 90 days from the date of receipt of an offence report.
Gujarat High Court held that assessment order passed under section 147 of the Income Tax Act without granting opportunity of personal hearing is not tenable. Accordingly, the order is quashed and appeal is allowed.
The ITAT Delhi deleted additions made under Section 153A for unabated/completed assessment years (AYs 2013-14 to 2016-17) following a search. The ruling strictly applied the Supreme Court’s mandate in Abhisar Buildwell that additions in completed years require the finding of incriminating material during the search.
The Court reiterated that mere drafting labels cannot convert a settlement clause into an arbitration agreement. Since Clause 8.28 only contemplated conciliation and allowed recourse to courts, it failed to reflect intent for binding adjudication by an independent arbitrator.
The Supreme Court held that an appellate decree passed in favour of deceased appellants is a nullity. As no legal heirs were substituted, the appeal automatically abated, and the original trial court decree revived and became executable.
Summarizing RBI’s FREE-AI framework: 7 principles (Trust, Fairness, Accountability) for AI governance in Indian banks and fintechs, focused on risk and compliance.
Mandatory compliance for foreign investment in India. Learn the difference between FC-GPR (FDI issue) and FC-TRS (share transfer) reporting under FEMA and RBI’s FIRMS portal.
ITAT Chandigarh upheld rejection of Endocrine And Breast Surgery Foundation’s Section 12A registration, ruling its activities were unethical and focused on networking with pharma companies rather than genuine charitable work.
