Goods and Services Tax : The Finance Act, 2025 retrospectively amended Section 17(5)(d) of the CGST Act after the Supreme Court allowed ITC on certain comm...
Corporate Law : The Supreme Court held that liabilities arising from corporate guarantees qualify as financial debt under Section 5(8) of the Inso...
Corporate Law : The Supreme Court ruled that a shortfall payment clause in a Deed of Hypothecation can qualify as a contract of guarantee under th...
Corporate Law : The Supreme Court expressed serious reservations about earlier rulings denying bail in UAPA cases, holding that smaller benches ca...
Income Tax : The article explains the Supreme Court’s landmark 2024 ruling that broken period interest on debt securities is capital in natur...
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...
Goods and Services Tax : The Supreme Court stayed further proceedings arising from a Section 74 GST order while examining whether writ petitions can be ent...
Finance : The Supreme Court refused relief to borrowers who defaulted from the very first instalment after availing an ₹8.09 crore loan. T...
Finance : The Supreme Court upheld a Will executed in favour of the testator’s sister despite objections from his wife and children. The C...
Income Tax : SC examined nature of amounts received from an AOP and upheld findings that receipts constituted profit share rather than revenue ...
Income Tax : The Supreme Court dismissed the challenge to a Delhi High Court ruling that quashed reassessment proceedings under Sections 148A(d...
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 dismisses CBIC’s plea, urging realistic GST correction timelines to prevent unfair tax burden due to clerical errors and ITC denial.
Understand the legal distinctions between Gift, Settlement, and Will. Learn their key features, legal validity, and judicial precedents under Indian law.
The Supreme Court dismisses the CGST Commissioner’s appeal against Deepak Khandelwal, finding no grounds for interference under Article 136.
Supreme Court allows GST rectifications, safeguarding ITC rights for buyers and addressing human errors in filings. Ensures fairness under the GST Act.
Supreme Court acquits six in post-Godhra riots case, citing lack of incriminating evidence and wrongful conviction by the Gujarat High Court. Read the key judgment points.
Supreme Court permits Sanjay Bhandari to present all arguments in tax case. Appeal timeframe extended, limitation waived.
Supreme Court overturns High Court’s order to register ECIR, stating it lacked grounds. Enforcement Directorate to decide on PMLA proceedings.
Supreme Court addresses IBC appeal delay; Power Infrastructure India vs. Power Finance Corp. NCLAT’s strict timeline adherence questioned.
Supreme Court advises High Courts to prioritize criminal appeals of elderly accused on bail, especially in old cases, to ensure fair justice and legal balance.
Supreme Court overturns High Court ruling, upholds e-auction sale under SARFAESI Act. Bank directed to return surplus funds to borrowers.
