tax
CESTAT Quashes ₹98 Lakh Demand for Refractory Bricks CENVAT Credit
The CESTAT has quashed a ₹98 lakh demand against used refractory bricks, affirming they are inputs, not capital goods, thus Rule 3(5A) is inapplicable.
Aug 29, 2026Read more →
Legal News & Insights
AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
Latest Articles
insolvency
IBBI Suspends IP Registration for Two Years Due to Unauthorised Actions
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of an Insolvency Professional for two years due to unauthorized plan extensions and failure to document decision-making.
Aug 29, 2026Read more →
corporate
CESTAT Settles UPS Classification under Customs Notification, Allows Revenue to Withdraw Appeals
The CESTAT has settled the classification of UPS systems as 'static converters', enabling the revenue authorities to withdraw pending appeals.
Aug 29, 2026Read more →
tax
Rajasthan HC: Unsigned GST Notices Lacking Authentication Cannot Support Proceedings
The Rajasthan High Court ruled that electronic generation does not equate to legal authentication, implying unsigned GST notices cannot be used for adjudication or recovery.
Aug 29, 2026Read more →
criminal
Chhattisgarh HC Grants Bail in DGGI GST Case, Emphasizes Lack of Criminal Antecedents
The Chhattisgarh High Court granted regular bail to an accused in a GST case, citing no criminal history and the likelihood of prolonged trial. Bail conditions include a personal bond of Rs. 1 lakh.
Aug 29, 2026Read more →
RBI Issues Second Amendment Directions for Priority Sector Lending
The Reserve Bank of India has issued the Second Amendment Directions for Priority Sector Lending, introducing targets and classification updates. These changes aim to streamline and enhance the efficiency of lending practices within the priority sector.
Aug 16, 2026Read more →
Reserve Bank of Indiacorporate
RBI Issues Draft Guidance on Regulatory Expectations for Data Governance
The Reserve Bank of India has released draft guidance for regulated entities on data governance, inviting comments until August 17, 2026. Key areas of focus include governance frameworks, data quality management, and associated risks.
Jul 22, 2026Read more →
Karnataka HC Refuses to Cancel Bail for Woman Accused in Money Laundering Case
The Karnataka High Court has declined to cancel the bail of a woman accused in a ₹7.17 crores money laundering case, invoking Section 45(1) PMLA exemption for women.
Jul 6, 2026Read more →
Corporate Guarantor Liable Under IBC Despite Parallel Borrower Proceedings
The NCLT has ruled that corporate guarantors cannot avoid Corporate Insolvency Resolution Process (CIRP) even if there are ongoing proceedings against the principal borrower. This decision confirms the co-extensive liability of corporate guarantors under the Insolvency and Bankruptcy Code (IBC).
Jun 1, 2026Read more →
SEBI Sets Conditions for Educational Use of Real-Time Market Data
SEBI has issued a circular regulating the use of real-time market data for educational purposes. It emphasizes that such data cannot be used commercially without appropriate licensing.
May 13, 2026Read more →
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