Supreme Court held that a Power of Attorney holder cannot depose on matters requiring the plaintiff’s personal knowledge, including readiness and willingness in a specific performance suit. The Court upheld dismissal of the suit.
DGFT has extended the eligibility period under Component II of the RELIEF intervention until 30 September 2026. The amendment supports exporters by addressing logistics disruptions arising from the continuing West Asia Crisis.
ICAI has announced ‘Success at CA Exam’ sessions for CA Foundation September 2026 students. The sessions will provide subject-wise guidance, study strategies, and exam-writing tips.
ICAI has released the schedule for CA Foundation September 2026 Mock Test Papers Series I and II. Students can participate in physical or virtual mode and self-assess using official answer keys.
The Gauhati High Court held that a bona fide purchaser cannot be denied Input Tax Credit merely because the supplier failed to deposit GST with the Government. The ruling clarifies that recovery should be pursued against the defaulting supplier unless collusion or fraudulent transactions are established.
The Allahabad High Court ruled that a GST arrest was illegal because the arrest memo lacked specific grounds, omitted the place of arrest, and the grounds of arrest did not bear a mandatory CBIC-DIN. The Court ordered immediate release while allowing fresh action in accordance with law.
ITAT Jaipur held that exemption under Section 11 cannot be denied merely because Form 10B was filed late when it was already available before processing the return under Section 143(1). The Tribunal allowed the trust’s appeal and directed grant of the exemption.
Gauhati High Court upheld Customs’ seizure of areca nuts, holding that objective circumstances established the statutory reason to believe under Section 110. The goods remained under seizure, while the vehicle was ordered to be released on conditions.
Bombay HC admitted the Revenue’s appeal on AMP expenditure and payments to doctors, holding both require judicial examination. It refused to admit the depreciation issue as earlier rulings had been accepted without any change in facts.
The Patna High Court held that media must avoid labels implying guilt before a trial concludes. It directed news platforms to restrict reporting to factual developments and protect the accuseds right to a fair trial.
