Goods and Services Tax : Supreme Court upheld Section 69 GST arrest powers, requiring recorded reasons, CrPC safeguards, CBIC instructions and limiting arr...
Income Tax : The Supreme Court held excise duty paid by buyers formed part of turnover, discussed colourable devices, and distinguished legitim...
Corporate Law : A non-speaking dismissal of an SLP does not affirm the High Court's reasoning or constitute law under Article 141. The doctrine of...
Corporate Law : The Supreme Court ruled that summoning hotel booking records and call detail records to prove adultery does not violate privacy, a...
Corporate Law : The Supreme Court agreed to examine allegations that bank dues were settled at steep discounts through ARCs, while clarifying that...
Corporate Law : The Supreme Court upheld joint insolvency proceedings against two interconnected real estate companies due to common management an...
Corporate Law : Supreme Court ruled that CoC and RP can surrender financially burdensome assets voluntarily, clarifying moratorium under section 1...
Corporate Law : SC clarifies limits of High Court's writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border...
Corporate Law : Justice BR Gavai sworn in as India's 52nd Chief Justice. Focus areas include addressing case pendency and improving court infrastr...
Corporate Law : Key IBC case law updates from Oct-Dec 2024, covering Supreme Court and High Court decisions on CoC powers, resolution plans, relat...
Corporate Law : SC held a Ministers statement binds the Government only if it reflects the Governments view and declined to issue speech guideline...
Corporate Law : Supreme Court granted bail under the PMLA, noting prolonged custody, documentary evidence, delayed trial, parity with co-accused, ...
Corporate Law : Supreme Court set aside the High Court's PMLA bail order for failure to apply Section 45 twin conditions and remanded the matter f...
Corporate Law : Supreme Court declined to refer the Article 370 challenge to a larger Bench, holding there was no conflict between earlier Constit...
Corporate Law : Supreme Court upheld termination of a slum redevelopment developer for prolonged delay and reaffirmed the statutory duty and accou...
Corporate Law : The Bill seeks to amend Articles 15 and 16 to allow reservation for backward classes proportionate to their population identified ...
Fema / RBI : RBI directs banks, NBFCs, and other entities to implement Supreme Court’s accessibility guidelines for digital KYC, ensuring inc...
Income Tax : CBDT raises monetary limits for tax appeals: Rs. 60 lakh for ITAT, Rs. 2 crore for High Court, and Rs. 5 crore for Supreme Court, ...
Corporate Law : No restrictions on joint bank accounts or nominations for the queer community, as clarified by the Supreme Court and RBI in August...
Corporate Law : Supreme Court of India introduces new procedures for case adjournments effective 14th February 2024, detailing strict guidelines a...
Supreme Court affirms Gujarat High Court decision allowing GST appeal pre-deposit using Electronic Credit Ledger, rejecting Revenue’s challenge.
The Supreme Court of India has ruled that taxpayers can use their Input Tax Credit (ITC) from the Electronic Credit Ledger for mandatory pre-deposits in GST appeals, easing liquidity constraints for businesses.
India’s Supreme Court ruled a bank’s 3-year service bond with liquidated damages is valid, not restraint of trade or against public policy.
Supreme Court dismisses appeal, affirming ITC refund claims for inverted duty structure prior to July 18, 2022, cannot be denied based on filing date.
Supreme Court dismissed the Union of India’s appeal, upholding the Gujarat High Court’s ruling that ‘fusible interlining fabric’ is not under Chapter 59 for GST.
SC clarifies limits of High Court’s writ powers in IBC cases and recognises Indian CIRP as foreign main proceeding in cross-border insolvency case.
The Supreme Court denied anticipatory bail in the Andhra Pradesh liquor scam, ruling political vendetta claims alone are insufficient without strong counter-evidence. Custodial interrogation is crucial.
The Supreme Court examines whether its ruling striking down Section 6A of the DSPE Act, which mandated prior approval for CBI probes, applies retrospectively, impacting ongoing cases.
Supreme Court directs amendments to service rules for judicial promotions, including LDCE quotas, minimum qualifying service, and training requirements.
India’s Supreme Court ruled that loans from private companies to shareholders can be taxed as deemed dividends under the 1922 Income-tax Act, upholding anti-evasion laws.
