AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
A recent article discusses the need for small residential builders to be classified as promoters or contractors for appropriate GST application. GST rates should reflect the type of construction activities and the timing of sales.
Priya Dixit has been appointed General Counsel at NIVEA India, bringing over 15 years of legal experience in corporate law and compliance.
Justice Madhav Jamdar of the Bombay High Court has garnered attention following his remarks during a politically charged case. His observations on externment orders have sparked public interest.
The RBI extends regulatory directions for Sadbhav Nagrik Sahakari Bank in Madhya Pradesh under Section 35A of the Banking Regulation Act.
The Reserve Bank of India has extended its directions under Section 35A of the Banking Regulation Act for Samarth Urban Co-operative Bank, maintaining oversight for an additional period.
The Government of India has announced a sale of dated securities for ₹32,000 crore, including 6.36% GS 2031.
The Reserve Bank of India (RBI) conducted an Overnight Variable Rate Repo auction with ₹50,000 crore notified amount. Total bids received were ₹1,135 crore, allotted at a cut-off rate of 5.26%.
Suppliers are prohibited from issuing GST credit notes solely based on buyer defaults; proper remedies include documenting defaults under ITC reversal provisions.
A retrospective analysis of GST after nine years reveals considerable benefits along with ongoing challenges requiring reforms for enhancement.
The FLA Return under FEMA compliance is position-based, triggered by outstanding foreign investments. The article details filing deadlines, reporting requirements, and RBI's guidance.
This comprehensive guide provides step-by-step instructions on filing Income Tax Returns (ITR) and claiming TDS refunds for a deceased parent, emphasizing the necessary documentation and legal procedures.
This article discusses the applicability of TDS deductions under the Income Tax Act before April 1, 2026. It clarifies that income payments made prior to this date need not be deducted again under the new regime.
The Calcutta High Court upheld a PITNDPS detention order, justifying a three-month execution delay based on administrative processes.