The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definition of negligence leads to inconsistent outcomes, often shifting liability onto customers.
The case examines whether the Code on Wages, 2019 effectively ensures wage justice. It highlights that despite progressive provisions, weak enforcement mechanisms significantly undermine its practical impact.
The issue concerns whether annual bar association elections hinder effective governance. It was argued that short tenures limit reform, and a two-year term would ensure stability and better outcomes.
The issue was whether IBBI must provide data held by a regulated entity. The Authority held that RTI applies only to information held or controlled by the public authority, leading to rejection of the appeal.
RBI has designated Union Bank of India as the Lead Bank for Polavaram and Markapuram districts. The move ensures smooth banking coordination and financial inclusion in newly created districts.
The circular prohibits fiduciaries from providing multiple services to the same scheme to avoid conflicts. It ensures independent oversight and strengthens investor protection.
IFSCA requires PSPs to obtain approval before joining Rupee Drawing Arrangements. The rule ensures strict adherence to AML, KYC, and CTF norms in cross-border payments.
Interest on customs refund was not automatic and depends on whether there was delay in processing attributable to the department, while granting relief in cases where reassessment and refund were delayed and denying it where refunds were issued within the statutory period.
CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and loss adjustments for accurate compliance.
The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoother tax compliance for taxpayers.
