AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The government has announced an income tax exemption on statutory fees and grants under Section 10(46) applicable for assessment years 2022–23 to 2026–27. This exemption is contingent on specific criteria being met.
The Madras High Court has permitted a tax advocate's appointment to verify a substantial income tax claim against a company in liquidation, subject to the applicant bearing the advocate's remuneration.
A detailed guide on the SEBI SCORES registration and compliance obligations has been released, focusing on the updated Authentication and Complaint Handling processes for registered intermediaries. This is essential for ensuring adherence to the new standards.
SEBI has extended the deadline for regulated entities to complete digital accessibility audits and remediation to October 31, 2026. This extension aims to enhance digital inclusion across financial services.
The Reserve Bank of India has issued its weekly statistical supplement detailing its liabilities and assets as of July 25, 2026. This data reflects ongoing financial health and operational metrics.
The Reserve Bank of India has published the 28th edition of its 'Handbook of Statistics on the Indian Economy, 2025-26', providing comprehensive macroeconomic data.
The Reserve Bank of India has published data on India's international trade in services for June 2026, highlighting export and import values amidst fluctuating global economic conditions.
As India revisits its library and archival exceptions, Maneesha Gupta discusses the urgent need for updates to facilitate digital preservation. The examination highlights both challenges and opportunities for researchers.
The Madras High Court has upheld a late fee demand resulting from delayed GST return filings while allowing taxpayers the opportunity to appeal under Section 107. This ruling underscores compliance timelines.
The Patna High Court dismissed a writ petition challenging a GST demand after the petitioner provided an undertaking, imposing costs of ₹25,000 for failure to justify excess ITC claims.
ICAI has introduced an online facility for candidates to voluntarily surrender existing exam exemptions. This option is available for CA Intermediate and CA Final exams until specified deadlines in August and September 2026.
The Institute of Chartered Accountants of India has reopened the application window for the CA Final November 2026 examinations. Applicants must complete their registration and fee payment by August 5, 2026, with no further extensions granted.
The Delhi High Court has ruled that advocates should only be summoned in rare and exceptional circumstances after a writ petition was withdrawn. This ruling sets a significant precedent regarding the summons of legal representatives in judicial proceedings.