AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has announced the auction of Government of India Treasury Bills with a total notified amount of ₹24,000 Crore to be conducted on August 19, 2026.
The RBI announced the redemption price for premature redemption of the Sovereign Gold Bond 2021-22 Series V, with a due date on August 17, 2026. The redemption price will be determined based on the simple average of closing prices.
The analysis examines the evolving landscape of Section 3(m) of the Patents Act against European Patent Law, highlighting the increasing litigation activity surrounding this previously underutilized provision. The paper questions the validity of direct comparisons between these two legal frameworks.
The Bombay High Court quashed criminal prosecution under Section 276CC for ITR default as the petitioner demonstrated entitlement to a refund and that no revenue loss was caused. This marks a significant interpretation of tax compliance norms.
The Delhi High Court clarified that separate show cause notices (SCNs) originating from the same investigation retain their independent legal identities. This ruling reinforces that a stay on one SCN does not preclude adjudication of another SCN from the same inquiry.
The ITAT has adjusted profit attribution for BBC Global News, reducing it from 15% to 12% due to changes in Permanent Establishment (PE) functions. This ruling clarifies the application of past MAP rates in profit attribution.
The ITAT has allowed an appeal where it deleted a Rs. 54 lakh addition related to cash deposits, accepting the taxpayer's explanation of acting as an intermediary in property transactions. This ruling provides a clear precedent on the treatment of cash transactions in income tax assessments.
The Uttar Pradesh government has rebutted Rahul Gandhi’s plea in the Supreme Court to quash a summons issued for his remarks about Vinayak Savarkar, citing concerns of inciting hatred.
The Supreme Court has stayed criminal defamation proceedings against Rahul Gandhi regarding his comments about the Indian Army, questioning the relevance of social media commentary in judicial matters.
NALSAR University will consult its Executive Council on the BCI's demand for an inquiry into the objections raised about CJI attendance at their convocation, after previous BCI circulars.
The BCI chairman announced the closure of proceedings against NALSAR students regarding complaints against CJI attendance at their convocation, following backlash from senior advocates.
In a disturbing incident in Kerala, a litigant attacked the parents of two lawyers due to their representation of his wife in a case. The advocates' mother was hospitalized after the attack, and the father is critically injured.
The Reserve Bank of India has implemented fourth amendment directions regarding responsible business conduct for Small Finance Banks, enhancing compliance in recovery practices.