The Supreme Court clarifies Section 6(2)(b) of the CGST Act, ruling that a summons is not a "proceeding" and defining "same subject matter" to prevent parallel ...

Gujarat High Court quashes GST confiscation order against Lakshay Logistics, citing lack of mandatory notice to the transporter before seizing vehicle and ...

Madras High Court sets aside reassessment notice against Unitech Exhibition Pvt. Ltd., ruling it was based on change of opinion and issued beyond the four-year limit without new tangible ...

NCLAT set aside an NCLT order that maintained a liquidator's status quo in a voluntary liquidation. NCLAT held that Corporate Debtor, not NCLT, has statutory authority to replace a liquidator under ...

Explore rules of agricultural income taxation in India. This guide clarifies how agricultural income is defined, what ...

The Reserve Bank of India has released a report outlining the FREE-AI framework, a set of principles and recommendations for ...

Introduction When I wrote an article on this topic last year, for the very first time, I stated that rebate was not being allowed from 5th June 2024. After ...

A SEBI consultation paper proposes regulatory changes for Large Value Funds (LVFs) for accredited investors. Proposals include reducing the minimum investment to ₹25 crore, removing restrictions on ...

The government provides details on pending cases at the NCLT, including year-wise and sector-wise breakdowns and measures being taken to expedite ...

The Delhi South CGST Commissionerate has arrested a key person linked to three firms for allegedly evading ₹16.30 crore in GST through ...

SEBI releases a consultation paper proposing to allow resident Indians through retail schemes and mutual funds, to participate more easily in Foreign Portfolio Investors ...

SEBI's new SWAGAT-FI framework aims to simplify FPI and FVCI investments for trusted foreign entities by streamlining registration, compliance, and ...