SpicyIP Weekly Review: Key IP Developments of the Week
This week's review captures significant IP developments from August 17 to August 23, shedding light on various legal matters and updates.
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
This week's review captures significant IP developments from August 17 to August 23, shedding light on various legal matters and updates.
This week's IP events roundup highlights key developments, opportunities, and recommendations within the intellectual property sector.
The Indian IP community mourns the loss of Mr. P. H. Kurian, a notable figure in the field, who passed away after a battle with cancer. His contributions will be remembered fondly.
The ITAT Jodhpur allowed 80G approval to Bhagavad Gita teachings, confirming religious expenditure remains below the 5% statutory limit.
In a strategic move, the RBI has shortened the temporary interest rate relaxation period for FCNR(B) and NRE deposits to August 31, 2026, impacting rural cooperative banks.
The SAFEMA Appellate Tribunal dismissed 18 revenue appeals, ruling that share transactions, where owners knew about allotments, cannot be categorized as benami transactions. This decision clarifies the distinction between tax evasion and benami transactions.

The Student Bar Council at NALSAR clarified that the NLSIU administration did not request students to publicly invite the CJI for their convocation. The statement follows controversy over the cancellation of NLSIU's event.
The Calcutta High Court has ordered a bank to withhold Rs. 75.40 lakhs of demand due to CGST until the petitioner secures the amount.
The upcoming 57th GST Council meeting will address registration simplifications, marking its first convening in a year.
The ITAT has authorized a medical deduction of Rs. 50,000 for expenses incurred on the treatment of a senior citizen suffering from Parkinson's disease, highlighting the importance of supported medical claims.
The CBIC has issued a circular prescribing procedures for IGST payment on raw sugar imported under the AA scheme converted to TRQ. This update aims to streamline compliance for importers in the sugar industry.
SEBI has cautioned investors against using live trading strategies and stock tips found on social media platforms.
SEBI has released a study analyzing retail participation trends in equity derivatives for FY25-FY26, focusing on trading behavior and profitability.