AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has issued guidelines regarding the Foreign Liabilities and Assets (FLA) return filing, detailing the due date of 31 July 2026 and associated procedures.
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Third Amendment) Rules, 2026, concerning ITR-BN for Block Assessments in search and seizure cases effective from April 1, 2026.
The CBDT has notified the Income-tax (Third Amendment) Rules, 2026, concerning block assessments under the new Income Tax Act for search and seizure cases, effective from April 1, 2026.
The Madras High Court clarified that merely reflecting unutilised GST Input Tax Credit (ITC) in GSTR-2A/2B does not lead to tax imposition unless such credit is actually used.
A comprehensive guide detailing the taxation and compliance aspects of VDAs under the Income Tax Act, 2025. The document serves as an essential resource for legal practitioners dealing with virtual digital assets.
CESTAT Mumbai affirmed the classification of quicklime with less than 98% CaO under CTH 2522 10 00, allowing for the set aside of differential duties and penalties.
CESTAT Kolkata ruled that quicklime is classifiable under CTH 2522, leading to the set aside of duty demands and an order for refund with interest.
CESTAT has classified imported quicklime under CTH 2522 10 00, enabling the set aside of duty demands and affirming exemption benefits.
The Delhi High Court has upheld the confiscation of undeclared gold brought into the country, reaffirming the necessity for compliance with customs declaration requirements.
CESTAT Chandigarh ruled that a defective PSIC alone does not justify the confiscation of imported scrap materials, underscoring the need for substantial evidence of objectionable content.
CESTAT has set aside the confiscation of exotic birds and animals due to insufficient evidence of smuggling, ruling that the Revenue failed to meet the burden of proof required under the Customs Act.
The CESTAT Delhi has quashed a customs duty demand invalidated on the basis of the Directorate of Revenue Intelligence's rejection of origin certificates. This ruling emphasizes the necessity for proper verification before rejecting such documents.
In a recent ruling, CESTAT Delhi upheld the inclusion of the software licence value in the customs value of imported dongles. This decision clarifies the valuation criteria for hardware components linked with software.