The Madhya Pradesh High Court ruled that the Bhojshala-Kamal Maula complex is a protected Hindu temple dedicated to Goddess Vagdevi after relying on ASI survey findings and historical evidence. The Court quashed the 2003 ASI arrangement permitting namaz and restricted worship rights exclusively in favour of Hindus.
The revised MSME classification limits under Union Budget 2025-26 significantly widen access to government subsidy, guarantee, and credit support schemes. More enterprises can now qualify for MSME benefits.
Section 56 of Companies Act, 2013 requires execution of a proper instrument of transfer for transfer of interest of a member in a company not having share capital. Instrument must be executed by or on behalf of both transferor and transferee and delivered to company
A group health insurance coverage provides medical expenses for a group of people, especially employees of an organisation or a co-operative society. This type of policy offers benefits like daycare treatments, covers hospitalisation costs, and AYUSH treatment.
Sections 339 and 340 explain corpus and deemed corpus donations, investment conditions, and rules for religious place renovation funds.
Calcutta High Court held that failure to investigate allocation of common head office expenses to eligible units rendered assessment erroneous and prejudicial to Revenue interests.
Delhi HC held that proviso to Section 45 of PMLA grants discretionary relief to women accused and stringent twin bail conditions would not ordinarily apply unless exceptional circumstances exist.
The ITAT Ahmedabad held that reassessment under Section 147 was invalid because the Assessing Officer reopened the case for fictitious loan entries but made additions for alleged bogus LTCG from penny stock transactions. The Tribunal ruled that changing the basis of reopening is not permissible in law.
Gauhati High Court held that cancellation of GST registration without assigning reasons in FORM GST REG-19 was illegal and violated statutory requirements. The Court restored the matter and granted the taxpayer fresh opportunity to respond.
CESTAT Delhi remanded the matter after finding that the Commissioner (Appeals) failed to consider the appellant’s affidavit and explanation regarding delayed receipt of the order. The Tribunal held that the facts and circumstances required fresh examination.
