AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Madras High Court has denied condonation of a 15-day delay in an intra-court appeal, viewing it as an attempt to evade tax payments. However, it permits the assessee to seek statutory appellate remedies.
This article explains the taxation process of ESOPs and RSUs, highlighting the two stages of taxation when employees receive options and when they sell shares.
The CBDT organized a webinar that attracted over 1,100 participants globally, focusing on the new income tax framework, international tax, and transfer pricing under the Income-tax Act, 2025.
In light of a recent data centre fire, the Ministry of Corporate Affairs has granted temporary deadline relief for name reservations and E-Form resubmissions, subject to verification.
The RBI has announced the conduct of a Variable Rate Repo auction under the LAF on June 22, 2026, to address liquidity needs.
The RBI conducted a Variable Rate Repo auction, allotting ₹36,300 crore at a cut-off rate of 5.26%. This reflects current liquidity conditions.
A roundup of significant IP events and opportunities, featuring highlights from the Open Source Hardware Association and other key initiatives in intellectual property.
The SpicyIP Summer School 2026 is set to kick off, focusing on the 'Pharma Stack' and expansive IP strategies. Participants will engage in new analytical methods and explore various domains critical to intellectual property law.
The Telangana High Court upheld the validity of a GST registration cancellation notice based on the taxpayer's detailed response.
The Allahabad High Court denied a recall plea, affirming its previous judgment due to lack of valid grounds.
The Bombay High Court ruled that recovery proceedings are invalid while the statutory period to file a GST appeal is still available.
The Andhra Pradesh High Court ruled that an unsigned GST assessment order is invalid, remanding the matter for fresh adjudication contingent upon a 20% tax deposit.
The ITAT has remanded ₹30 Lakh and ₹10.83 Lakh additions back to the Assessing Officer for reconsideration of property sale gains. The Tribunal emphasized proper evaluation of purchase costs.