In a recent ruling, the Delhi High Court held that health grounds alone cannot justify bail in serious money laundering cases under the Prevention of Money Laundering Act, 2002. Arvind Dham, the…
In a recent ruling, the Supreme Court dismissed an appeal filed by New Delhi–based NGO Infrastructure Watchdog against the Securities and Exchange Board of India (SEBI) in connection with the Rs. 560-crore…
As the deadline for filing Income Tax Returns (ITR) for FY 2024-25 approaches, taxpayers are once again faced with a key decision: whether to opt for the new tax regime with lower…
The Securities and Exchange Board of India (SEBI) has approved the reclassification of Life Insurance Corporation of India (LIC) as a public shareholder in IDBI Bank, paving the way for…
The Customs Department has levied penalties totaling ₹12 crore against two former officials of the UAE Consulate in connection with the well-known Kerala gold smuggling case in diplomatic baggage. According to information…
In a recent ruling, the Jharkhand High Court held that six months of custody or delay in trial is not by itself a sufficient ground to grant bail in cases…
Under the Goods and Services Tax (GST) framework, taxpayers registered under the Composition Scheme often find it necessary to migrate to the Regular Scheme, either due to turnover limits being…
The Mumbai Bench of the National Company LawTribunal (NCLT) admitted a Section 9 application after finding that vague allegations of defective goods did not amount to a pre-existing dispute and the operational…
The Ahmedabad Bench of the National CompanyLaw Tribunal (NCLT) clarified that the date of default can be established by placing reliance on documentary evidence other than a record of default with an Information…
In a recent ruling, the Madras High Court condoned a delay of 108 days in filing an appeal under the TNGST Act, 2017, after observing that the taxpayer had first pursued…