AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Kerala High Court has ruled that the fees associated with the FL-11 licence reconstitution were unsustainable, setting limits on such charges. This ruling could impact fee structures for license renewals and reconstitution across the state.
The Karnataka High Court has quashed amendments to the BBMP fee structure and demand notices, deeming guidance-value-linked levies as arbitrary and unsustainable. This ruling could significantly impact municipal revenue and property valuation practices.
The Telangana High Court has permitted a fresh application for revocation of GST registration cancellation, emphasizing due process following a six-month cancellation period for non-filing.
The Gujarat HC ruled against a Rs. 53.20 lakh vehicle tax demand, ruling that the absence of a Non-Use Certificate does not automatically imply vehicle use. This decision clarifies taxpayer rights in tax assessments.
In a significant ruling, the Delhi HC stated that customs brokers cannot undertake clearance using another broker’s credentials, even with consent. This judgment establishes clear boundaries for regulatory compliance in customs operations.
The Orissa HC quashed a non-bailable warrant issued under the PMLA, mandating that a trial court must first issue summons or a bailable warrant. This ruling clarifies procedural norms in criminal proceedings.
The Madras HC quashed a customs order issued after 14 years, ruling that the provisions of the new law on limitation do not permit indefinite delays. This decision impacts how customs authorities execute their procedural mandates.
The ITAT has deleted a ₹3.74 lakh penalty imposed on a salaried employee for failing to file income tax returns despite a ₹30 lakh income, citing bona fide belief regarding TDS requirements.
The ITAT has ruled that penalties incurred for the wrongful availment of CENVAT credit cannot be claimed as business expenses under Section 37(1) of the Income Tax Act.
The ITAT has ruled that for cash jewellery sales below Rs. 2 lakh, a buyer's PAN is not required, emphasizing that suspicion cannot replace evidence. This ruling led to the deletion of a ₹13.68 crore addition by the Assessing Officer.
Arbitrators often face challenges in quantifying losses in breach cases. Section 73 of the Contract Act, 1872 emphasizes the need for proof of actual loss, yet commercial realities can complicate such calculations.
Lakshmanan Meyyappan has achieved the distinction of becoming the world's youngest male Chartered Accountant at the age of 16, reflecting a remarkable academic achievement in the field of accounting.
The Institute of Chartered Accountants of India has deemed derogatory remarks made by a CA regarding ITR portal issues as inappropriate but not amounting to professional misconduct. The ruling highlights the balance between free speech and professional integrity.