AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The GST Appellate Tribunal (GSTAT) has ruled that Joint Commissioner Appeals cannot remand matters without verification, emphasizing the necessity of passing reasoned orders.
The GST exemption on notebooks creates an inverted duty structure, affecting Indian MSMEs negatively against low-cost ASEAN imports. This article examines the implications for domestic manufacturers.
The Gujarat High Court has quashed an income tax reopening under Section 148, ruling that it was based on borrowed satisfaction without independent verification. This decision emphasizes the need for credible assessment processes.
The NCLAT has set aside a Corporate Insolvency Resolution Process (CIRP) initiated based on defaults occurring during the COVID-19 period, reflecting statutory restrictions on insolvency filings during this period.
The National Company Law Appellate Tribunal (NCLAT) has set aside a resolution plan worth ₹135 crores, citing that the de-notification of Special Economic Zone (SEZ) land was incomplete and lacked necessary consents. This ruling emphasizes the importance of satisfying all legal requirements for land-use changes.
The Delhi High Court ruled that a successor assessing officer (AO) cannot reopen an income tax assessment solely due to a differing opinion from the original AO, provided the original AO thoroughly evaluated the submissions of the assessee.
The Karnataka High Court has clarified that the limitation period for filing an appeal against a service tax adjudication order begins upon the communication of that order to the concerned parties.
The Delhi High Court has ruled that a successor Assessing Officer (AO) cannot reopen an income tax assessment solely based on a differing opinion from the original AO, reaffirming the sanctity of previous assessments.
The Rajasthan High Court has granted interim protection from arrest to a former director involved in a GST input tax credit fraud case, allowing interrogation by the Directorate General of Goods and Services Tax Intelligence (DGGI) under specified conditions.
The Competition Commission of India has closed its antitrust investigation into Google following a statutory ban on online gaming. The CCI's decision reflects the impact of legislative changes on antitrust inquiries.
The Madras High Court ruled that confidential Look Out Circulars (LOCs) must be disclosed to affected individuals, reinforcing their constitutional rights. This decision emphasizes the need for transparency and compliance in legal procedures involving LOCs.
The Reserve Bank of India has issued a circular regarding updates to the UN Security Council’s sanctions list on the Taliban, in accordance with the Unlawful Activities (Prevention) Act, 1967.
The RBI issued a circular updating compliance measures for banks concerning recent sanctions listed under the UNSC's 1267/1989 ISIL (Da'esh) and Al-Qaida sanctions. This includes the implementation of Section 51A of the UAPA, 1967.