Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedThe Supreme Court upheld the Kerala High Court's ruling that lottery prize money is taxable at 30% under Section 115BB of the Income Tax Act, irrespective of whether it is classified as business income.
FeaturedThe Supreme Court upheld the Kerala High Court's ruling that lottery winnings are taxable at 30% under Section 115BB of the Income Tax Act, irrespective of whether the recipient engages in the activity regularly or treats it as business income.
FeaturedBombay HC issues contempt notice for enforcing sales tax demand despite unstayed judgment.
FeaturedThe Supreme Court reaffirmed that customs seizures require 'reasonable belief' of contravention, not mere suspicion. The standard is higher than suspicion and must be grounded in credible facts.
FeaturedThe Special Additional Facilitation and Enforcement Measures Authority (SAFEMA) held that deposits arising from void Income Declaration Scheme filings are treatable as benami properties.
FeaturedMultiple tribunals have set aside gold confiscations due to lack of proof of foreign origin or smuggling. The decisions affirm strict evidentiary standards under customs law.
FeaturedThe Supreme Court held that customs authorities cannot enhance valuation solely on unverified export declarations. The decision reinforces evidentiary standards in customs proceedings.
FeaturedGujarat High Court refuses bail to accused in cyber fraud and money laundering case involving mule accounts and USDT conversions, citing gravity of economic offence despite JMFC trial jurisdiction.
FeaturedUttarakhand High Court has ruled that searches under Section 17 of the PMLA after filing of prosecution complaint do not amount to 'evergreening' of investigation, affirming validity of post-filing evidence collection.
FeaturedAllahabad HC upholds reassessment despite reduction of alleged income from ₹54 lakh to ₹27 lakh, holding initial information sufficient.
FeaturedBombay HC quashes reassessment due to lack of sanction by competent authority under Section 151; TOLA extension ineffective.
FeaturedITAT Delhi holds that hotel liaison services by Expedia India don’t constitute a dependent agent permanent establishment under India-Switzerland DTAA.